plans to suit customer’s usage pattern. Prepaid competition, however, remained challenging with offering of large data allowance on low-tier package during the quarter to date. AIS selectively offered

days 69 72 63 Cash Conversion Cycle days 81 75 66 Finanial data and profitability ratios Sales revenues million baht 49,269 46,887 46,938 %change (%) 5.1% (0.11%) 6.51% Gross profit million baht 12,547

competition, AIS mobile service revenue was Bt130,062mn, grew 4.2% YoY based on subscriber growth of 2% and ARPU growth of 2%. Overall, price competition improved from FY18 when unlimited data plans were

from year 2 to year 10 and submit a letter of bank guarantee for the remaining amount within 15 days after each anniversary date of license granted The office of the NBTC will return the letter of bank

15 percents and there is no newly issued share of in return of payment. However the company will report the transaction to the Stock Exchange of Thailand. Method Calculation Transaction Size (%) 1

2.84% of aggregate value of returns method. The size of the transaction is below 15 percents and there is no newly issued share of in return of payment. However the company will report the transaction to

transaction is below 15 percents and there is no newly issued share in return of payment. However, the company will report the transaction to the Stock Exchange of Thailand. Method Calculation Transaction Size

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-emerged and further strained tension on economy. Competition around data pricing with unlimited plan remained high and barred monetizing rise in data demand as well as stabilizing ARPU. However, mobile

5.7% YoY, mainly from a decrease of mobile top-up value according to the customer’s behavior that prefer using data package top-up, the marketing campaigns to promote SIM card sales, and Post-paid and e