MVNO TrueMove H added 678,000 subscribers during Q213Written by Allan T. Rasmussen
The group’s revenue in second quarter of 2013 grew 10.6% year-on-year to THB 8.5 billion driven mainly by the growth of True’s MVNO/Reseller division “TrueMove H” subscriber base, while non-voice usage continued its strong growth.
Quarter-over-quarter, revenue declined 0.3% offset by seasonal declines in voice usage mainly from TrueMove’s prepaid segment.
True Mobile Group’s postpaid revenue grew 4.0% quarter-over-quarter, 38.6% year-on-year to THB 4.5 billion as the MVNO, TrueMove H continued to gain high-value postpaid customers.
Prepaid revenue declined 5.3% quarter-over-quarter, 13.8% year-on-year to THB 3.3 billion due to lower voice revenue from TrueMove’s prepaid customers, despite rising data usage among TrueMove H’s prepaid customers.
Non-voice revenue rose 5.1% quarter-over-quarter, 50.5% Year-on-year to THB 3.3 billion mainly on rising mobile Internet usage. Contribution from non-voice revenue to service revenue increased to 37.5% in 2Q13 from 35.6% in 1Q13 and 27.6% in 2Q12.
TrueMove H’s blended ARPU was THB 467 in 2Q13, declining from THB 491 in 1Q13 as its subscriber base was expanded beyond early 3G/ smartphone adopters to include lower tier customers while the proportion of prepaid subscribers also increased.
Product sales grew 26.5% year-on-year to THB 3.4 billion from rising popularity of smartphones (i.e. iPhone, Samsung) but declined 16.2% quarter-over-quarter mainly due to lower momentum of iPhone 5. During the quarter, TrueMove H launched two True branded smartphones and one tablet (True Beyond). More device-bundling packages as well as a wide range of content and applications were introduced.
Cash OPEX rose 13.7% quarter-over-quarter, 27.0% year-on-year to THB 6.4 billion driven mainly by higher selling and advertising expenses. Expenses related to network expansion also contributed to the year-on-year increase in OPEX.
EBITDA increased 4.4% year-on-year in line with rising revenue but declined 25.1% quarter-over-quarter to THB 1.2 billion from the significant increase in cash OPEX.
Recommendation on introducing Virtual Network Operators in the Indian telecom sector
Based on comments of stakeholders, in-house analysis and research, the Telecom Regulatory Authority of India (TRAI) has finalized its recommendation on introducing Virtual Network Operators in the Indian telecom sector.
MVNO 168 Communications launches in Thailand
The Thai mobile virtual network operator (MVNO), formerly known as 365 Communication, has been re-branded and re-launched as 168 Communication. The new administration has added an investment of THB 3 billion.
NTT Communications launches MVNO services in Thailand
NTT Communications Corporation, announced today that it has immediately begun offering mobile data services for corporations as a result of acquiring a mobile virtual network operator (MVNO) license through its local subsidiary, Communications Thailand Co., Ltd.
The MVNO IEC3G quietly resurrects as Tron IEC3G
In 2013, International Engineering Company PCL (IEC) was looking to offload its MVNO IEC3G and in March 2014, 100.00% of the registered and paid-up capital held in the MVNO was sold to Tron (Thailand) Co., Ltd for THB 11,714,400.
MVNA/MVNE One Development keen on partnership with Thailand's state telco TOT
ONE DEVELOPMENT, Thailand’s Mobile Virtual Network Aggregator (MVNA), and Mobile Virtual Network Enabler (MVNE), has officially submitted its proposal to become a strategic partner with TOT, Thailand’s state-owned telecommunications company.