Thai mobile operator AIS plans $900m broadband expansion

Bangkok, Thailand. Photo by Aaron Thomas on Unsplash

Thai mobile operator, Advanced Info Service Pcl (AIS), plans to invest 32.4 billion baht ($908.84 million) to acquire Triple T Broadband and units held by the JASIF infrastructure fund, AIS said on Monday.

“This acquisition will enhance consumer access … by improving broadband inclusion in new areas targeting the up-country and non-city areas,” Chief Financial Officer Tee Seeumpornroj said in a stock exchange filing.

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