Advanced Info Service

Singtel's Thai associate AIS to acquire broadband businesses for $1.27 bil - THE EDGE SINGAPORE

Telecommunications

Singtel's Thai associate AIS to acquire broadband businesses for $1.27 bil

The deals, to be subjected to regulatory approvals, are expected for competition by 1Q 2023.

Tech

Singtel-backed Thai firm AIS targets tripling in fibre customers

(Dec 1): Advanced Info Service, the top wireless operator in Thailand, intends to triple subscribers for its fiber-based high-speed Internet service as it grapples with intense competition in the mobile sector.

Funds

Thai funds tumble before king's passing

The biggest decliner was Ho Yin Pong’s $220 million Allianz Thailand Equity fund, which has fallen 8.8% over the past three trading days. Ho’s fund is one of the poorest performers among its peers this year with returns of just 4 %. This is less than

Update

Singtel to pay $2.5 bil for Temasek’s stakes in Intouch, Bharti

SINGAPORE (Aug 18): Singapore Telecommunications agreed to pay $2.47 billion for stakes in Thailand’s Intouch Holdings and India’s Bharti Telecom to broaden access to fast-growing wireless markets in the countries and in Africa.
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