to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all
social distancing practices put in place to combat the viral transmission, which have posed a new challenge to our competitiveness, while we have sought new business opportunities to secure our status as a
sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai
Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk
of the Thai baht and the intense competition which caused the exports to shrink from the previous year. Domestic consumption was also affected by high living expenses and household debt, as well as the
Global and Thai Economy in the Third Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 2 2. Risk Management and Risk Factors 5
revenue impacted from roaming and competition With the pandemic and escalated price competition in 1Q20, mobile revenue contracted -1.1% YoY and -4.5% QoQ to Bt30,334mn. As both inbound and outbound
subcontractor and fabricators like UEC. This is effect to small volume for UEC in Q1/2018 and very high competition. Discussion and Analysis of the Company and its subsidiaries Operational Results in Q1/2018 and
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries