Asia300

Total Access Communication Public Co., Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Sep 21, 2017
Prev close: 54.5
Sep 21, 2017
Market cap:
Market cap(USD):
129,045.70M
3,894.54M
Shares: 2,367.81M

Currency in THB

Company profile

Market(Ticker): BKK(DTAC)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: --

Business summary

Total Access Communication Public Co., Ltd. engages in the provision of wireless telecommunication services. Its products include prepaid and postpaid packages, aircards, handsets, and accessories. The company operates through two segments: Mobile telephone service and related services; and Sales of handsets and starter kits. Total Access Communication was founded in August 1989 and is headquartered in Bangkok, Thailand.

Company background

Total Access Communication is Thailand's second-largest mobile service provider with a market share of approximately 30%, operating under the "Dtac" brand. The company was founded by Thai tycoon Boonchai Bencharongkul in 1989 but has become a local arm of Norway's state-owned telecom giant Telenor.

Through its Singapore-based subsidiary, Telenor holds a direct shareholding of over 40%. Boonchai is the company chairman, but the Bencharongkul family, ranked as Thailand's 17th richest by Forbes, is now a minor shareholder. Operations are managed by executives from Telenor. In September 2014, Jon Eddy Abdullah, who had been Dtac's CEO since 2011 and Telenor Pakistan's CEO before that, suddenly stepped down. Vice Chairman Sigve Brekke, who also heads Telenor's Asia operations, is serving as interim CEO until a replacement is appointed. Brekke was Dtac's CEO from 2005 to 2008. Prior to joining Telenor in 1999, he served as Norway's deputy minister (state secretary) of defense from 1993 to 1996.

Dtac listed on the Singapore Stock Exchange in 1995 and on the Stock Exchange of Thailand in 2007. It became the first dual listing company in Thailand but delisted from Singapore in September 2014, citing thin trading.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 81,433.19M
Gross profit 19,689.54M
Operating income 4,145.32M
Income before tax 2,581.53M
Net income 2,085.83M
EBITDA 27,282.40M
Diluted EPS 0.88
Dividends per share 0.42
Total assets 115,368.71M
Total liabilities 88,223.53M
Total equity 27,144.44M
Operating cash flow 26,631.24M

Currency in THB

Revenue 2,308.15M
Gross profit 558.08M
Operating income 117.49M
Income before tax 73.17M
Net income 59.12M
EBITDA 773.29M
Diluted EPS 0.02
Dividends per share 0.01
Total assets 3,221.64M
Total liabilities 2,463.62M
Total equity 758.00M
Operating cash flow 754.84M

Currency in USD

Valuation measures

Dec 2016

PER 42.89
ROA 1.84%
ROE 7.67%
Operating margin 5.09%
Profit margin 2.56%

Key executive

  • Chief Executive Officer & Director: Lars-Åke Valdemar Norling
  • Chief Financial Officer: Dilip Pal
  • Chief Technology Officer: Prathet Tankuranun
  • Chief Strategy Officer: Andrew Tor Oddvar Kvaalseth
  • Chief Corporate Affairs Officer: Rajiv Bawa

Share holders

  • Telenor ASA(42.6%)
  • Thai Telco Holdings Co Ltd.(22.4%)
  • Government of Thailand(5.5%)
  • Social Security Office of Thailand(1.8%)
  • Norges Bank Investment Management(0.7%)
  • The Vanguard Group, Inc.(0.6%)
  • Kasikorn Asset Management Co., Ltd.(0.5%)
  • Research Affiliates LLC(0.0%)
  • TMB Asset Management Co., Ltd.(0.0%)
  • Dimensional Fund Advisors LP(0.0%)

Address

  • Website: http://www.dtac.co.th
  • Address: 319 Phayathai Road, 24-41 Fl., Chamchuri Square Building, Bangkok, 10330, Thailand
  • Phone: +66.2.202.8000

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