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True commits extra $123m to 4G

31 Oct 2014
00:00
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Thailand's True Move has committed to investing 4 billion baht ($122.9 million) to expand its 4G network, and plans to roll out 4,000 more base stations by February.

The operator has set a target of having 7,000 base stations for its 2.1-GHz 4G network up and running by next February, the Nation reported.

According to True CEO Suphachai Chearavanont, demand for 4G is expected to take off in 2015, and the operator aims to be in a position to meet this demand and become the 4G market leader.

He said True aims to cover 60% of the population by February, up from 25% at present, and to have a 40% share of the 4G market in 2015.

True currently has around 800,000 4G subscribers, 19 million 3G users and 4 million still on 2G. Its 3G network consists of 13,500 850-MHz base stations and 5,300 in the 2.1-GHz band.

Suphachai also told the Nation he expects True Corp to turn a profit in the fourth quarter, and that the company expects continued growth now that it has solved its debt problem.

True Move launched LTE services in May last year, becoming Thailand's first operator to do so. The rollout started in densely populated urban areas, including in Bangkok.

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