. Network OPEX & TOT partnership cost (net of revenue) was Bt4,538mn, decreasing -12% YoY, -4.1%QoQ from lower rent after TOT dispute settlement in 3Q19 and lower network OPEX QoQ due to certain seasonal
spectrum this year. • Network OPEX & TOT partnership cost was Bt4,649mn, increasing 2.2%YoY and 0.7%QoQ. Despite of continued 5G investment plan to strengthen leading position, network OPEX remained well
for TOT partnership. However, excluding TOT partnership, network OPEX would drop 4.1% YoY from cost efficiency programs. Net profit, however, declined 1.9% YoY to Bt30,077mn from continued network
(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16
equipment. • Network OPEX & TOT partnership cost was Bt19,128mn, increasing 5.6%YoY from higher base rental & utility as well as maintenance of 5G/4G network. • Other costs of service were Bt9,017mn
comprised of enterprise business, grew 8. 8% YoY driven by improving sales in both telecom and ICT services as well as CSL’s revenue consolidated since Feb-18. Network OPEX excluding cost of TOT partnership
improved following on-going cost optimization and FY17 guidance maintained. AIS reported 3Q17 EBITDA of Bt17,589mn, +15% YoY and +2.8% QoQ, mainly due to revenue growth and controlled SG&A. YTD, AIS spent
streamin and recorded a ve discounts co MD&A o Service 00, closer to t anded from 0.5 2Q17, AIS’ serv % YoY and 2. ment and fixed s relatively flat Q tinued. YoY cos TOT partners atively flat
Protection for Subscribers upon the Expiration of Concession Agreements or the Agreement to Operate B.E. 2013. and (2) the Arbitral Tribunal ordering TRUE to pay TOT Public Company Limited (“TOT”) penalty for