Thailand’s only fully integrated telecom operator True Corp (TRUE) reported jumped in net quarterly lost of 2.67 billion baht ($79 million), or 0.70 baht per share, for April to June period, compared with net lost of 696 million baht a year earlier. The mother company of Thailand’s third largest mobile phone operator True Move, True Corp, which runs a pay-TV business and high speed broadband Internet, is unlikely to improve in the second half due to fierce competition and higher expenses, analysts said.
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