for the use of spectrum, towers, and equipment. Overall, we expect the consolidated EBITDA margin to improve and stay in the range of 42-44%. The total cash CAPEX (excluding spectrum payment) is
EBITDA margin to improve and stay in the range of 42-44%. The total cash CAPEX (excluding spectrum payment) is expected to be in the range of Bt40-45bn for both mobile and fixed broadband. New dividend
in all businesses. As a result, we expect EBITDA margin (EBITDA over total revenue) to be stable from last year (43.4% in 2018). With the full range of spectrum portfolio in 900/1800/2100MHz to support
range of Bt600-700 with a typical 30-50Mbps speed, 10Mbps plans can be accessed at Bt250 and 1Gbps plans are currently affordable at Bt2,999 in selective areas. Sale of convergence packages trended better
classified as cash and cash equivalents, such as a fixed deposit, certificate of deposit, a promissory note issued by a financial institution with due date of more than three months, and a deposit with an
cash equivalents, such as a fixed deposit, certificate of deposit, a promissory note issued by a financial institution with due date of more than three months, and a deposit with an obligation etc.. 3
or execution of such agreement. The portfolio duration does not exceed 92 days. [Note: A Thai Money Market Fund would typically fall under this category.] ▪ Investors who seek returns equivalent to
these securities does not exceed 397 days from the date of investment in assets or execution of such agreement. The portfolio duration does not exceed 92 days. [Note: A Thai Money Market Fund would
exceed 397 days from the date of investment in assets or execution of such agreement. The portfolio duration does not exceed 92 days. [Note: Money Market Fund that invests solely in domestic securities