TRUE’s Outlook on TDD Spectrum Requirements

Welcome

Agenda Thailand Mobile Market

Introduction to True

Data usage demand

TD-LTE Advantage and Opportunity

Keys take away

Thailand Telecoms Market – Overview

67 million

88 millionMobile user

Thailand Population

4.9 millionFixed Line user

6.7 millionBroadband user

7% 6% 7% 7% 8% 8% 10% 11% 11% 12% 15% 17% 19% 22% 25%21% 28% 35% 40%53%

72%83% 88%

98% 105%113%

122% 126%104% 107%

28%34%

42% 47%

61%

80%93%

99%109%

117%128%

139%145%

126%131%

0%

20%

40%

60%

80%

100%

120%

140%

160%

Thailand Mobile Penetration

Post-Paid Pre-Paid Mobile Penetration

Source : NBTC, Information as of 2016Q3

Thailand Telecoms Market - Growth

0

20

40

60

80

100

120

百万

Broadband Fixed Subscriber Mobile Subscriber

Source : NBTC information as of Oct 2016CAGR : Calculated from 2011 to 2016

No. of Subscription

CAGR = 2.7%

Mobile

Fixed Line CAGR = 12%Broadband

5-Years CAGR

Source : Ericsson Digital Thailand Report, Oct 2016

CAGR = -5.7%

Introduction to True

True Group -Thailand’s convergence lifestyle leader

Pay TV

• #1 Broadband Operator

Nationwide and #1 Fixed-

line operator in BMA

• 41.5% broadband revenue

market share

• 2.4 mn broadband

subscribers

• With largest over 100,000

WiFi hotspots

• Market Leader in 3G & 4G

high speed mobile data service

• Thailand’s largest licensed

frequency resources covering

all ecosystems

• 3G & 4G networks cover 98%

population coverage

• 20.8% revenue market share

• 19.1 mn subscribers

• Thailand’s #1 nationwide

pay TV provider

• 55% revenue market share

• 3.1 mn subscribers

• Enhanced, secure HD

broadcasting system with

MPEG-4

• 41 self produced Thai

language channels

Wireline/onlineMobile Group Wireline/Online

Mobile Network Evolution

2002 20172010 2016

3G Trial

1st 3G commercial network in Thailand

1st 4G LTE network in Thailand

2011 2013

GSM on 1800 MHz

1st LTE-Advanced 3CC networkThe Most 4G coverage in Thailand 98% Pop. Cov.384

kbps

21 Mbps

42 Mbps

GSM EDGE

HSPA

HSPA+

75 Mbps

4G LTE(10MHz)

225Mbps

4G LTE-A 3CC(10+15+5 MHz)

>400Mbps

4G LTE-A 3CC, 4x4MiMo, 256Qam(10+15+5 MHz)

2018

LTE-Advanced Pro MBB deployments and trials

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

Jan

-13

Mar

-13

May

-13

Jul-

13

Sep

-13

No

v-1

3

Jan

-14

Mar

-14

May

-14

Jul-

14

Sep

-14

No

v-1

4

Jan

-15

Mar

-15

May

-15

Jul-

15

Sep

-15

No

v-1

5

Jan

-16

Mar

-16

May

-16

Jul-

16

Sep

-16

Average 3G 4G

Data Usage

-

5.00

10.00

15.00

20.00

25.00

30.00

35.00

40.00

Jan13

Apr13

Jul13

Oct13

Jan14

Apr14

Jul14

Oct14

Jan15

Apr15

Jul15

Oct15

Jan16

Apr16

Mo

nth

ly D

ata

Usa

ge N

atio

nw

ide

(P

B)

Monthly Data Usage (PB) Monthly Data Usage per Sub (MB)

4G

3G

Average

LTE Spectrum Bandwidth Demand

The area requires more bandwidth

Currently, True has spectrum 2x55MHz(2x40MHz owned by True and 2x15 MHz as reseller) and True has deployed 2x30MHz for FDD-LTE.

IMT Roadmap in Thailand (NBTC)

2100 MHz

MHz

2300 MHz

2600 MHz

450 MHz

700 MHz

800/900 MHz

1500 MHz

1800/1900 MHz

2x15MHz

2x25MHz*

2x15MHz

* Including 2x15MHz of 850MHz as CAT reseller

1975915129

11460 9571 7678

1517

5624

56944853

4769

14478

3324

37593128

59704

22432794

89720

196417

73620

2

55 22911 405 68

0

5000

10000

15000

20000

25000

Y2016 Y2017 Y2018 Y2019 Y2020

10 MHz 20 MHz 30 MHz 40 MHz 50 MHz 60 MHz 70 MHz 80 MHz >80 MHz

Up to 2x70MHz Up to 2x80MHz > 2x80MHz

No

. of

site

s

NBTC Allocation

2x45MHz

2x75MHz

2x60MHz

60MHz

Y2025

Y2023

Y2025

Y2022

TD-LTE is also planed for FWA service.

TD-LTE Opportunity

TDD Spectrum

TDD Bandwidth

1.9 GHz (B39)1880 – 1920 MHz

2.3 GHz (B40)2300 – 2400 MHz

2.6 GHz (B38)2570 – 2620 MHz

2.6 GHz (B41)2496 – 2690 MHz

3.6 GHz (B42/43)3400 – 3800 MHz

40 MHz 100 MHz 50 MHz 194 MHz 400 MHz

700 MHz (B44)703 – 803 MHz

100 MHz

• Wider Bandwidth for TDD Spectrum

• Potential TDD Spectrum in spectrum band below and above 6 GHz for 5G

Core Band for 5G Supplementary Band for 5G

3

Millimeter wave

• Potential TDD Spectrum in ThailandBand 40, 2300 MHz : 70 MHz BandwidthBand 38, 2600 MHz : 50 MHz Bandwidth

• New business opportunity TD-LTE for FWA service

Concerns

True operates 2G, 3G and 4G in two network codes on both licensing and Netco/Opco model as a joint venture. The key concerns to manage network are :

- Inter working of multi technologies- Inter working of multi vendors- Inter working of multi PLMNs- Readiness of ecosystem

- 54% of 4G devices in True network support FDD+TDD- But for FDD + TDD CA only one commercial UE can be seen

Samsung Ezynos8 ChipsetLTE Category 12(600Mbps DL), Category 13(150Mbps UL) /

FDD-TDD Joint Carrier Aggregation

Available Mobile chipset and deviceL1800

L2100

U2100

L900

G900

U850

3G

2G

4G

PLM

N 0

40

00

4Vendor

AVendor

BVendor

CVendor

D

FDD&TDD spectrum

Samsung Galaxy S6 Edge Samsung Galaxy Note 5

Keys Take away

- FDD-LTE spectrum is used to provide baseline coverage for customers. TD-LTE can be used as capacity layer for higher speeds.

- TD-LTE for FWA service.- TD-LTE device ecosystem is mature to support for TD-LTE network

deployment.- Although Carrier aggregation between FDD-LTE and TD-LTE is standardized

but the availability of supported devices is still concerned.