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MENAFN - 09/02/2013

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(MENAFN) Thailand's Total Access Communication Pcl (TAC), controlled by Norway's Telenor, posted an 8 percent growth in fourth quarter earnings on stronger revenues from voice and non-voice services, Reuters reported.

The company said TAC, No.2 mobile phone operator in Thailand, said it made USD86 million net profit during the last quarter of 2012, up from USD79.77 million a year earlier.

TAC has about 30 percent market share and competes with larger rival Advanced Info Service Pcl and third-ranked True Move, a unit of True Corp.

For full-2012, TAC reported a 4.5 percent decline in profits to USD378.77 million from USD395.53 million a year ago due to higher regulatory fees.

 






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