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AIS revenue plunges 12% in Q1 following COVID-19 impact

Friday 8 May 2020 | 10:41 CET | News
Thai operator AIS' first-quarter revenue was flat year-on-year at THB 42.84 billion. Revenue declined 12 percent quarter-on-quarter, affected by the COVID-19 pandemic and increased competition, AIS said. Core service revenue contributed 77 percent, while sales revenue contributed 15 percent. Core service revenue (excluding IC and TOT partnership) amounted to THB 33.09 billion, flat year-on-year and down 4.3 percent quarter-on-quarter, mainly from declining mobile revenue offset by growth in broadband connections.

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Categories: Mobile & Wireless
Companies: AIS
Countries: Thailand
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