The Business Times

Advanced Info Service (AIS)

Companies & Markets
BROKERS’ TAKE

Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations

Thailand’s Supreme Administrative Court dismisses National Telecom’s appeal on the dispute, which dates back to 2018.
Companies & Markets

Singtel’s AIS not obligated to pay 16.3 billion baht claim by National Telecom

As a result of the market consolidation and post-merger cost-cutting by True, Maybank analyst Wasu Mattanapotchanart expects core profit for the Thai telcos to grow by 29 per cent year-on-year in 2024.
ASEAN Business

Brighter outlook for Thai telcos after a year of consolidation

Thai telecoms group Advanced Info Service is considering selling stakes in its tower business, which could be valued between US$2 billion and US$3 billion, say sources.
ASEAN Business

Thailand’s biggest telecoms group weighs options for US$3 billion tower assets: sources

AIS plans to fund the acquisition with debt, given its sufficient debt headroom.
Telcos, Media & Tech

Singtel associate AIS to acquire Triple T Broadband, fund for 32.42 billion baht

Singtel is one of the 2 largest shareholders of Intouch, which is the parent company of Advanced Info Services, a regional associate of Singtel and Thailand’s largest mobile phone network.
Telcos, Media & Tech

Singtel to pay S$330m to raise Intouch stake to 24.99% in deal with Temasek

Singtel's Thai associate AIS says Huawei among bidders to build 5G core networks
Companies & Markets

Singtel's Thai associate AIS says Huawei among bidders to build 5G core networks

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