agreement to reduce the risk of inventory. Such business plan shall not compete with the manufacturing business which the Company has disposed to a connected person. This is because the way to approach the

beginning of the fourth quarter. Besides, being a business alliance with AIS allows the Company to generate sales with mobile packages very well and has the potential to compete in the market. Non-performing

year while demand for mobile data nearly doubled YoY to 6.7GB/data sub/month from video streaming and increased 4G handset penetration (46%). To compete for quality subscribers who bring growth in data

increased penetration in the suburban regions. Some operators continued to offer low-price packages which resulted in a reduction in the industry's overall ARPU. Despite this challenge, AIS opted to compete

challenging for exports but we are continuing to push into high value segments where the overall costs including logistics allows us to compete. Golden Lime Public Company Limited 4 MANAGEMENT DISCUSSION AND

Advanced Info Service Plc. Market and Competitive Environment In FY21, mobile competition remained tough as diminished purchasing power has prompted operators to compete on price plan to maintain customer

challenges and causing an incessant drop in the broadband industry ARPU. While some operators focus on lowering prices to compete, some executed a convergence strategy offering product bundling with more value

is also proceeding according to plan, being 35% completed by the end of March. The construction is expected to be completed in 1Q 2020. Looking forward, we will strive to enhance asset value through (i

already commenced with the research and design stage. Looking forward, we will strive to enhance asset value through (i) expansion of hotels through asset-light strategy mainly via management agreement and

and cautiously to achieve our goal. Looking forward, we strive to enhance asset value via (i) expansion of hotel portfolio by an asset-light strategy through management agreement as well as procuring