Company True Corporation Deutsche Boerse AG

Equities

TAF

THB231010000

Wireless Telecommunications Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Ratings for True Corporation

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Wireless Telecommunications Services

End-of-day quote Deutsche Boerse AG Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		-.--%	-.--%

May. 03	True Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 03	Transcript : True Corporation Public Company Limited, Q1 2024 Earnings Call, May 03, 2024

True Corporation Public Company Limited is a Thailand-based telecommunication technology company. The Companyâs segments include Mobile, Pay TV, and Broadband and other. The Mobile segment provides mobile services under TrueMove H and dtac brands with a comprehensive spectrum portfolio accommodating all market segments and ecosystems. The Pay TV segment offers services via digital direct-to-home satellite (DStv) and digital hybrid-fiber-coaxial (HFC) cable network platforms, as well as content provider for local and foreign markets. The Company operates Pay TV business under True Visions Group. The Company provides a range of broadband Internet propositions for both standalone and convergence packages with a combination of various products and services, including mobile, fiber broadband, Wi-Fi, fixed-line telephone, content through linear TV and digital platform, other digital and connectivity services as well as privileges. It also offers a portfolio of digital platforms and services.

THB in Million	2022	Weight	2023	Weight	Delta
Mobile 83.7 %	-	-	141,488	83.7 %	-
Broadband and Other 13.0 %	-	-	22,052	13.0 %	-
Pay TV 3.3 %	-	-	5,534	3.3 %	-

THB in Million	2022	Weight	2023	Weight	Delta
Thailand 100.0 %	135,076	100.0 %	169,074	100.0 %	+25.17%

Managers	Title	Age	Since
Manat Manavutiveth CEO	Chief Executive Officer	50	23-02-28
Yupa Leewongcharoen DFI	Director of Finance/CFO	60	23-02-28
Nakul Sehgal DFI	Director of Finance/CFO	43	23-02-28
Prathet Tankuranun CTO	Chief Tech/Sci/R&D Officer	55	23-02-28
Pichit Thanyodom PRN	Corporate Officer/Principal	-	23-02-28
Tanaphon Manavutiveth SAM	Sales & Marketing	-	-
Sarinra Wongsuppaluk HRO	Human Resources Officer	55	23-02-28
Amaresh Kumar SAM	Sales & Marketing	-	23-02-28
Sharad Mehrotra PRN	Corporate Officer/Principal	56	23-02-28

Members of the board	Title	Age	Since
Suphachai Chearavanont CHM	Chairman	56	19-02-28
Pratana Mongkolkul BRD	Director/Board Member	59	23-02-28
Kamonwan Wipulakorn BRD	Director/Board Member	62	23-02-28
Kalin Sarasin BRD	Director/Board Member	63	23-02-28
Tong Qing Gao BRD	Director/Board Member	60	23-02-28
Ruza Sabanovic BRD	Director/Board Member	53	23-02-28
Kittipong Kittayarak BRD	Director/Board Member	65	23-02-28

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	34,552,100,801	10,274,960,640 ( 29.74 %)	0	29.74 %

Name	Equities	%	Valuation
TELENOR ASA 19.64 %	6,784,994,914	19.64 %	1 586 M €
Chearavanont Family 16.61 %	5,738,007,500	16.61 %	1 341 M €
Citrine Global Co. Ltd. 11.69 %	4,038,297,160	11.69 %	944 M €
China State-Owned Assets Supervision & Admn Commission 7.809 %	2,698,330,341	7.809 %	631 M €
Citrine Venture Sg Pte Ltd. 5.363 %	1,853,030,300	5.363 %	433 M €
National Telecom Public Co. Ltd. 2.391 %	825,973,207	2.391 %	193 M €
Jumbo Kingdom Ventures Ltd. 1.947 %	672,734,500	1.947 %	157 M €
Citrine Venture Holdings Co. Ltd. 1.643 %	567,629,600	1.643 %	133 M €
Krungsri Asset Management Co., Ltd. 1.275 %	440,588,081	1.275 %	103 M €
Unique Network Co. Ltd. 0.8277 %	285,981,900	0.8277 %	67 M €

Name	Equities	%	Valuation
JPMorgan Asset Management (Singapore) Ltd. 0.0526 %	18,168,700	0.0526 %	4 M €
Storebrand Asset Management AS 0.0222 %	7,686,530	0.0222 %	2 M €
Amundi Asset Management SA (Investment Management) 0.0145 %	5,020,436	0.0145 %	1 M €
KLP Kapitalforvaltning AS 0.006193 %	2,139,792	0.006193 %	514 727 €
State Street Global Advisors Ltd. 0.004724 %	1,632,107	0.004724 %	392 603 €
Nykredit Bank A/S (Investment Management) 0.003913 %	1,351,989	0.003913 %	325 221 €
Danske Bank A/S (Investment Management) 0.003116 %	1,076,544	0.003116 %	258 963 €
State Street Global Advisors France SA 0.002669 %	922,094	0.002669 %	221 810 €
Mercer Global Investments Europe Ltd. 0.002141 %	739,932	0.002141 %	177 991 €
DWS CH AG 0.001972 %	681,399	0.001972 %	163 911 €

Name	Equities	%	Valuation
Candriam SCA 0.3878 %	134,000,000	0.3878 %	31 M €
Wellington Management International Ltd. 0.0907 %	31,325,036	0.0907 %	7 M €
State Street Global Advisors Ltd. 0.0667 %	23,039,025	0.0667 %	5 M €
Sjunde AP-fonden 0.0554 %	19,149,758	0.0554 %	4 M €
JPMorgan Asset Management (Singapore) Ltd. 0.0322 %	11,114,500	0.0322 %	3 M €
AllianceBernstein Ltd. 0.0182 %	6,300,000	0.0182 %	1 M €
Amundi Asset Management SA (Investment Management) 0.0102 %	3,541,073	0.0102 %	827 761 €
Premia Partners Co. Ltd. 0.009639 %	3,330,336	0.009639 %	778 499 €
Eurizon Capital SA 0.005267 %	1,820,000	0.005267 %	425 443 €
Azimut Capital Management SGR SpA 0.001737 %	600,000	0.001737 %	140 256 €

Name	Equities	%	Valuation
DIGITAL TELECOMMUNICATIONS INFRASTRUCTURE FUND 20.56%	2,185,561,907	20.56%	460,410,471 $

True Corp. Public Co. Ltd.

No. 18 True Tower Ratchadapisek Road

10310, Bangkok

+66 2 859 1111

http://www.true.th

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.85 THB

Average target price

10.13 THB

Spread / Average Target

+14.46%

Consensus

Estimates Revisions

Company calendar

Technology

Telecommunications Services

Telecommunications Services

Wireless Telecommunications Services

Other Wireless Telecommunications Services

	1st Jan change	Capi.
T-MOBILE US	+11.31%	210B
AT&T INC.	+11.32%	134B
SOFTBANK GROUP CORP.	+77.82%	97.47B
KDDI CORPORATION	-2.07%	56.65B
CHINA UNICOM HONG KONG LIMITED	+51.43%	29.58B
ADVANCED INFO SERVICE	-2.76%	17.13B
TELENOR ASA	+2.74%	15.7B
TAIWAN MOBILE CO., LTD.	+14.10%	10.44B
VODACOM GROUP LIMITED	-10.35%	10.02B

Other Wireless Telecommunications Services