ARPU uplift for these 5G subscribers by 10-15%. We expect more affordable models of 5G mobile devices throughout the 2H21 which should drive our 5G subscribers to 2mn, a renewed target. Announced

broadband market continued to expand with genuine demand for quality broadband at home but also faced intense competition from low-price packages starting at Bt299 offering throughout the year amid economic

% YoY driven mainly by lower EBITDA with an impact of high base 1H21 from one-time other income. SIM & Device sales reported Bt8,786mn, improving 23% YoY from the low base during 2Q21 amid pandemic

, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business

measures to tame the volatility. At the same time, Thai stock markets plunged throughout the quarter amid investors’ risk-off sentiment and a slump in oil prices due to disagreement on oil production between

20230508-ADVANC-MDA-1Q23-EN Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 1 Executive Summary Growing core businesses amid the cautious recovery of the Thai economy 1Q23 illustrated a

. Nonetheless, the business sector remained challenged by new modes of competition, the broader marketplace amid the advancing digital age, regulatory changes, the rapid pace of technological advancement and fast

network slicing, and 5G private network. Throughout 2H21, our enterprise business was reinforced by a strategic partnership with Microsoft, which helped widen our product suites and enhance AIS’ s

is expected to remain ample throughout the first half of 2019 due to tepid loan demand amid heightened risks at home and abroad. We are therefore closely monitoring and analyzing related developments

. Overview of Operating Environment 1.1 Global and Thai Economy in the Second Quarter of 2017 The global economy maintained its growth momentum throughout the first half of 2017. Nonetheless, several political