(“the Company”) are pleased to submit this Management Discussion and Analysis for the three-month and nine-month periods ended 30 September 2018 with details as follows: Summary overview Thailand Mobile

financial statements only.) Summary overview In the 1st quarter of 2020, the Company organized “ Thailand Mobile EXPO 2020” 35th , on February, 7- 10 2020. Although the event is in start phase of the epidemic

have not any change of such term of payment. As a result, the Company is required to (1) preparing the information memorandum regarding the acquisition of assets according to Enclosure No. 1 Information

Part 1 Business Operation and Operating Results 1. Organizational structure and operation of the group of companies 1.1 Policy and business overview Provide an overview on the background and nature of

a link thereto in order for investors to be able to access such information conveniently. Such information must be kept for at least five years without change thereafter. In addition, the Company is

Summary Part 2 The Issuer 2.1 Objectives of the fund 2.2 Business operation 1. Policy and overview of business operation 2. Nature of business operation 3. Risk factors 4. Research and development 5. Assets

at least a. business overview; b. financial information; c. risk factors; d. capitalization and indebtedness statement; and e. credit rating (if any). D. Liens In case of issuing secured debt

. Executive Summary 2. AMC Industry Outlook and Overview 3. Regulatory Considerations 4. Management Discussion and Analysis 5. Key Financial Ratios 6. Forward looking IMPORTANT DISCLIAMER The information

in table 1 Table 1 provides an overview of performance. 2 Unit : Million Baht For year ended of December 31 Items Increased (Decreased) 2018 2017 Amount Percentage 1 Revenue from steel tower

same period of year 2016 is shown in table 1 below. Table provides an overview of performance. For the three-months ended 30 June Items Increased (Decreased) 2019 2018 Amount Percentage 1 Revenue from