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6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
end. At the same time, the industry competition is anticipated to remain high with pricing strategy to address low affordability. Amid this uncertainty, AIS continue to focus on creating differentiation
significantly AIS Fibre continued its decent performance amidst a competitive environment with revenue of Bt2,437mn, increasing 27% YoY and 6.4% QoQ outperforming the industry average. Broadband subscribers rose
of 115k subscribers, a strong increase of 25% YoY. The increase was due to an expansion of service coverage to more suburb areas as well as efforts to reduce the churn rate from the strategy to offer
quality and advanced technology also allowed AIS to attract and retain high-quality customers. Non-Mobile enterprise business reported a revenue of Bt1,339mn, growing 2.2% YoY and 0.7% QoQ from industry
sales, which decreased by THB 704.60 million. This decline is a consequence of the decrease in purchasing power of customers since the end of the previous year which affected the entire IT industry