Articles tagged with: True Move

Moody's downgrades True Corp and True Move; outlook negative

Moody's said that the rating actions reflect True Corp's vulnerable business and financial profile, despite the company having lowered its debt levels by selling assets to the infrastructure fund that it established in the fourth quarter of 2013 more

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True Move Asked to Speed Up Migration of GSM Customers to 3G Networks

Thailand's True Move has been urged by the regulator to speed up the migration of its GSM customer base to a 3G network ahead of the sale of its GSM spectrum next year. more

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Thailand's True's Debt Ratings Downgraded on Weak Mobile Network Financials

Moody's said that the rating action reflects the prolonged character of True Corp's negative free cash flows (FCF), due to weak earnings from the mobile business and a high level of capital expenditures (capex).  more

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True Move Seeking Negotiations with CAT Telecom in Towers Dispute

Thailand's True Move is seeking negotiations with the state-owned telco, CAT Telecom over the issue of ownership of the towers operated by True Move when its concession expires. more

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Moody's Changes Outlook on True Corp and True Move to negative

Moody's has affirmed the current debt ratings for Thailand based mobile network, True, but changed the outlook on all ratings to negative from stable. more

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Thai Networks Improving 3G Download Speeds

Two of Thailand's 3G networks have seen their average download speed increase since the recent launch of their 2.1Ghz based networks. more

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Moody's: True Corp's weaker than expected results can be accommodated in its ratings

Moody's Investors Service says True Corp's 2012 results can be accommodated in its ratings despite building pressures on margins and leverage. There is no immediate impact on True Corp and True Move's B2 ratings and stable outlooks. more

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Moody's: Award of 3G licenses positive, but no immediate impact on True Corp

Moody's Investors Service says True Corp being awarded licenses to operate 2.1 GHz is credit positive, but has no immediate impact on True Corp and True Move's B2 ratings and stable outlooks. more

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Moody's: Auction of 3G licenses positive, but no impact on True Corp Ratings

Moody's Investors Service says that True Corp's successful bid for three lots of spectrum bandwidth under the 2.1GHz auction is positive, but has no impact on True Corp and True Move's B2 debt ratings and stable outlooks. more

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Thai Regulator Approves Bidders for 3G Licenses

Thailand's telecoms regulator has approved applications by three of the country's mobile networks to bid in the forthcoming 3G license tender. more

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