retraction of economic activities and consumer spending. The consumer sentiment remains fragile as the country waits for vaccination against the new variant. Despite of such economic weakness, we delivered
fragile economy with signs of global economic slowdown despite a continuous recovery in Thailand’s tourism and the improvement in inflation that helped boost private consumptions and economic activities. In
services of connectivity and value-added services of cloud, smart solutions, and specific 5G vertical solutions in targeted industries. Market and Competitive Environment 3Q23 continued displaying a fragile
discipline since 3Q22 by removing the freebies in the entry- level package while taking cautious steps to uplift the ARPU. However, the fragile cost-concern environment, especially for price-sensitive segments
fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes
tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven
flow, AIS paid a dividend of Bt21,203mn, a net debt repayment of Bt4,941mn, and lease of Bt8,858mn. As a result, net cash declined by Bt7,085m, ending with Bt11,336mn in outstanding cash. 3Q21 MD&A
spectrum license). In summary, net cash decreased by Bt2,591mn resulting in outstanding cash of Bt10,148mn at the end of Jun-22. Net FX loss was higher at Bt -335mn in 2Q22, compared to FX loss of Bt-42mn in
Bt14,068mn (OCF less CAPEX, spectrum license and lease liabilities paid). In total, net cash decreased by -Bt3,381mn resulting in an outstanding cash of Bt9,358mn at the end of Sep-22. Net FX loss was lower at