True Corp (Thailand's leading telecom) posted 6.6 billion baht net profit in Q2 2026—its sixth consecutive profitable quarter—with EBITDA up 13.5% year-on-year. However, service revenue grew just 0.8%, signaling that profit gains stem mainly from operational efficiency and spectrum licensing benefits rather than organic revenue expansion. The company added 479,000 mobile users and is targeting 1–2% full-year service revenue growth while maintaining 7–9% EBITDA growth, underpinned by infrastructure investment and AI integration initiatives.
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