5G coverage as device penetration grows. Maintain profitability with well-manage cost control To ensure healthy cash flow and preserve profitability amidst uncertainty in 2021, AIS’ approach to
Thai economy in the third quarter was still affected by the prolonged COVID-19 outbreak and the uncertainty of the epidemic situation of the new Omicron strain of COVID-19. In order that, the
2022, the Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of a new COVID-19 strain, Omicron, in early Jan-21. With a substantially higher vaccination rate
uncertainty in all business segments but faced challenges in the bottom line due to an impact from the increased cost. AIS takes efforts in executing cost optimization and efficiency improvement, but downside
-conservative spending amid political uncertainty. AIS also focused on high-margin services including EDS, CloudX, and tailored vertical solutions for targeted industries. EBITDA accelerated QoQ from growth in
-manage cost control To ensure healthy cash flow and preserve profitability amidst uncertainty in 2021, AIS’ approach to optimize cost focuses on digitalization, efficiencies and prioritization. We expect
(exclude spectrum) • Bt30-35bn Core service revenue is expected to grow mid-single digit In 2022, Thai economy is expected to be on a recovery path despite the uncertainty around the outbreak of new COVID-19
upcoming low seasonality in 3Q24 and uncertainty in the economic outlook. Factors contributing to this caution include revised lower growth estimates for Thai GDP, rising household debt, and sluggish
Competitive Environment In 3Q24, Thailand showed positive sentiment emerged from the resolution of political uncertainty and a clearer economic direction and resuming of budget spending. These factors eased