Thailand mobile operator Advanced Info Service to invest $405m in 4G network

Logo from AIS website

Advanced Info Service Pcl (AIS), Thailand‘s largest mobile operator by number of subscribers and revenue, plans to invest 14.52 billion baht ($405.36 million) in the first phase of a 1,800 MHz network under the fourth generation (4G) technology, Chief Executive Somchai Lertsuthiwong said on Friday.

The company expects to install the 4G network in 6,000 locations by January when the service will start operating, said Somchai, adding nationwide rollout was planned for next year.

AIS’s wholly-owned Advanced Wireless Network Co Ltd (AWN) unit won an auction for the 4G mobile frequency licence last month. A preliminary launch of the service is scheduled for this month, Somchai told reporters in a press briefing.

“We expect more than 2 million subscribers of 4G service next year,” said Somchai, adding that there was currently demand from 4 million.

Nokia Siemens Networks and China’s Huawei Technologies and ZTE Corp are suppliers of AIS’s 4G handsets and equipment, he said.

AIS is the only major Thai operator that does not have 4G service at present.

True Corp, the country’s third largest mobile operator, and which is 18 percent owned by China Mobile , is the market leader in 4G services with a 2 million subscriber base.

Total Access Communication said in a statement that it had about 2 million 4G subscribers.

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Thailand based mobile network operator AIS to boost synergy with TOT

($1 = 35.8200 baht) (Writing by Viparat Jantraprap; Editing by Muralikumar Anantharaman and Subhranshu Sahu)

Reuters

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.