True

Telecommunications · Thailand · 5K - 10K Employees

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Overview

Headquarters

18 Ratchadaphisek Road Huai Khwang, Bang...

Revenue

$6.4 Billion

Stock Symbol

TRUE

Industry

Telecommunications VoIP Cable & Satellite Business Services Call Centers & Business Centers Internet Service Providers, Website Hosting & Internet-related Services
ZI Rank: 1
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About True

True Corporation Public Company Limited, together with its subsidiaries, provides telecommunications and value-added services in Thailand. The company operates through Mobile, Pay TV, and Broadband Internet and Others segments. It offers mobile, broadband Internet, Wi-Fi, television, and digital platforms and solutions. The company is also involved in entertainment, mobile equipment lessor, program production, non-government telecommunication, artist management and related, Internet services provider and distributor, and marketing management activities. In addition, it operates news channel; and provides business solutions, online digital media services on website and telecommunication devices, distribution center services, advertising sale and agency services, wireless telecommunication services, pay television, and football club and related activities management services. Further, the company designs, develops, produces, and sells software products; and offers digital solutions, privRead more
True's Social MediaPopular SearchesTrue Corporation Public Company LtdTrue CorpTrue Move H Universal Communication Co. LtdSIC Code 48,481NAICS Code 51,517Ticker SET: TRUEShow more

True Org Chart

SB
Thailand flag for contact location.

Group CEO

PhoneEmail
AH
Thailand flag for contact location.

Deputy Director & 2 Mobile Business Controlle...

PhoneEmail

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SY
Thailand flag for contact location.

Head of Mediation & Billing Settlement System...

PhoneEmail
BV
Thailand flag for contact location.

Center of Excellence Head of Finance & Accoun...

PhoneEmail
SA
Thailand flag for contact location.

Risk & Compliance Head of Governance

PhoneEmail
CT
Thailand flag for contact location.

Department Head of Payroll

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Company Profile Activity

i

Among all Telecommunications companies

Low Activity

High Activity

Activity Insights

True is experiencing very low activity levels compared to other companies in the Telecommunications sector.

What does this means?

True is drawing exceptional interest within the Telecommunications industry, suggesting notable developments or strong market momentum, learn more about True.

True Tech Stack

A closer look at the technologies used by True

Most Recent Scoops

Product Launch
True has announced the launch of True Online My Plan, a flexible and personalized broadband bundle offering that is driving over 30% of gross subscriber additions in the quarter, with customers on the plan generating approximately 20% higher average revenue per user (ARPU) compared to standard plans.
Product Marketing, Product Launch
Earnings
True has reported a net profit of approximately THB 6.6 billion for Q1 2026, representing a 4x increase year-on-year and a 1.6x increase quarter-on-quarter, with EBITDA growing approximately 11% year-on-year and 0.7% quarter-on-quarter, while service revenues declined 0.6% year-on-year and 0.4% quarter-on-quarter. The company's leverage ratio improved to 3.8x net debt to EBITDA, down from 5.7x at the time of amalgamation, with an interim dividend of THB 0.14 per share (THB 4.8 billion) representing a 73% payout ratio.
Earnings, Accounting, Financial Reporting, Finance, Financial Operations, Financing & Debt
Pain Point
True is facing increased macroeconomic uncertainty driven by geopolitical tensions, a slowdown in tourism observed in March, and softer consumer and business sentiment alongside downward revisions to Thailand's GDP growth forecasts. In response, True is strengthening customer retention, deploying targeted incentives, maintaining disciplined cost management, and conducting active scenario planning and risk assessments to navigate the ongoing challenges.
Financial Planning, Forecasting, Customer Retention & Development, Finance, Financial Strategy, Risk
Earnings
True has reported a reduction in its net debt to EBITDA leverage ratio to 3.8x as of Q1 2026, down from 4.1x in Q1 2025, with an effective interest cost declining from 4.1% to 3.7% year-on-year, and has issued debentures of approximately THB 14.5 billion at a weighted average cost of approximately 2.8%, remaining on track to reach its 3.5x leverage target by year-end.
Business Finance, Finance, Financing & Debt
Earnings
Earnings, Finance, Financial Operations
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Frequently Asked Questions Regarding True

What is True's stock symbol?
True's stock symbol is TRUE
What is True's official website?
True's official website is www.true.th
What is True's Revenue?
True's revenue is $6.4 Billion
What is True's SIC code?
True's SIC: 48,481
What is True's NAICS code?
True's NAICS: 51,517
How many employees does True have?
True has 5K - 10K employees
What industry does True belong to?
True is in the industry of: Telecommunications, VoIP, Cable & Satellite
What companies has True acquired?
True has acquired the companies: Frozen Specialties, LaNova Medicines, Chilindo, Bellisio Foods
What technology does True use?
Some of the popular technologies that True uses are: reCAPTCHA, Cloudflare CDN, JQuery 1.11.1, New Relic Browser
What does True do?

True Corporation Public Company Limited, together with its subsidiaries, provides telecommunications and value-added services in Thailand. The company operates through Mobile, Pay TV, and Broadband Internet and Others segments. It offers mobile, broadband Internet, Wi-Fi, television, and digital platforms and solutions. The company is also involved... in entertainment, mobile equipment lessor, program production, non-government telecommunication, artist management and related, Internet services provider and distributor, and marketing management activities. In addition, it operates news channel; and provides business solutions, online digital media services on website and telecommunication devices, distribution center services, advertising sale and agency services, wireless telecommunication services, pay television, and football club and related activities management services. Further, the company designs, develops, produces, and sells software products; and offers digital solutions, privilege and online-to-offline platforms, and hospitality technology, as well as business process outsourcing services in technical service, marketing, and customer relations.Read More

What are True social media links?
True Linkedin page True Twitter page True Facebook page
Is True a public company?
Yes, True is a public company and is traded under the symbol TRUE
See more information about True

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