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a lower core EBITDA of US$201M, due to a significant decline in industry margins and spreads across the business. The decline in margins reflects the sharp contraction in industry- wide spreads across
growth driven by lifestyle fibers growth in India (IRSL). IVL reported US$281M of core EBITDA registering a more pronounced decline yoy as spreads came off from a strong 3Q18. IVL reported US$405M of OCF
• Decline and make near-zero margin • 45-47% CAPEX • Bt35-38bn Dividend policy • Minimum 70% of net profit Strong mobile data growth continues with improving network perception In 2018 mobile data consumption
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peers. We also recorded over 1mn 5G subscribers, defining as those specifically signed up for the 5G package as they are willing to pay higher for the benefit of larger data plan; this resulted in the
1 FY18 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business In FY18 competition in mobile industry remained elevated particularly on data pricing with fixed
unlimited data for postpaid plan, ARPU continued to decline (Bt242, -1.6% YoY, -4.1% QoQ) while data consumption surged (14.7GB, +29% YoY, +16% QoQ), also elevated by the demand during the lockdown. Demand