Insight

Reference

·

Primary source

TRUE Corporation FY2024 revenue

~THB 210B

As ofFY2024·Sources1·Primary

True Corporation (SET: TRUE) FY2024 consolidated revenue ~THB 200-220B post the 2023 TRUE × DTAC amalgamation; ~50M mobile subs. CP Group, Telenor, China Mobile partial parents; integration ongoing.

Download CSV ↓Compare plans →

Figure in context

True Corporation (SET: TRUE) FY2024 consolidated revenue ~THB 200-220B post the 2023 TRUE × DTAC amalgamation; ~50M mobile subs. CP Group, Telenor, China Mobile partial parents; integration ongoing.

True Corporation (SET: TRUE) FY2024 consolidated revenue ~THB 200-220B post the 2023 TRUE × DTAC amalgamation; ~50M mobile subs. CP Group, Telenor, China Mobile partial parents; integration ongoing.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

True Corporation (SET: TRUE) FY2024 consolidated revenue ~THB 200-220B post the 2023 TRUE × DTAC amalgamation; ~50M mobile subs. CP Group, Telenor, China Mobile partial parents; integration ongoing.

What not to do with it

Use the linked report for interpretation and keep basis differences explicit.

Related figures

Adjacent numbers that add context without drowning the value.

2024
~100M

Thailand mobile subscriptions

NBTC Thailand Telecommunications Market Report

FY2024
~THB 195B

AIS FY2024 revenue

ADVANC FY2024 Form 56-1

2025
~85%

Thailand 5G population coverage

NBTC 5G coverage, deployment tracking

2024
~13M

Thailand fixed broadband subscribers

NBTC fixed broadband statistics

FY2024
~12,000

DIF fund tower inventory

DIF annual report, investor disclosures

2023-2027
2023-2027

TRUE × DTAC merger tariff window

NBTC TRUE × DTAC merger approval, conditions

Report context

Thailand Telecom & 5G Market Intelligence

Thailand's mobile market is a two-operator-plus-state structure post the October 2022 NBTC-approved TRUE × DTAC merger (closed March 2023). TRUE Corporation (SET: TRUE, ~THB 210B FY2024 revenue, ~50M mobile subs), Advanced Info Service (SET: ADVANC, ~THB 195B, ~47M mobile, 2.5M fibre subs), National Telecom (NT, state-owned, post-2021 TOT, CAT merger, ~1M mobile, ~1M fibre), MVNOs. 5G population coverage ~85% by end-2025. Fibre broadband: AIS Fibre (post-3BB consolidation), TRUE Online, NT, ~13M fixed subs total. Infrastructure funds DIF, JASIF hold tower, fibre assets. Telecom-fintech convergence via virtual-bank consortia (AIS, Gulf, KTB; TRUE/Ant via SCBX, CP). Post-2027 tariff trajectory after NBTC's 5-year no-increase window expires is the structural question.

Open report →

Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Advanced Info Service (AIS)

Thailand's largest mobile, fibre operator with adjacent data-centre, edge-compute assets; GULF-SingTel controlled post-2023 JV.

Digital Telecommunications Infrastructure Fund

Listed passive-infrastructure fund; ~12,000 telecom towers, fibre, rack space; TRUE founding anchor sponsor; FY2024 revenue ~THB 11B.

JASIF Telecom Infrastructure Fund

Listed fibre-infrastructure fund; fibre-backbone assets operated by 3BB (now TRUE-3BB post-2023); FY2024 revenue ~THB 6B.

National Telecom

State-owned operator post-2021 TOT, CAT merger; government-account, submarine-cable, IDC specialty; ~THB 80B revenue.

True Corporation

Post-2023 TRUE × DTAC merger; ~50M mobile subs; FY2024 revenue ~THB 210B; CP Group, Telenor, China Mobile parents.

National Broadcasting and Telecommunications Commission (NBTC)

Thai telecom and broadcast regulator; administers 5G spectrum auctions, must-carry rules, and Universal Service Fund.

TRUE Corporation FY2024 revenue · Insight