3Q21 MD&A Advanced Info Service Plc. Executive Summary Slight revenue improvement despite COVID restriction measures and continued competition During 3Q21, the economy remained subdue from COVID

Health Organization declared the Coronavirus (“COVID-19”) outbreak as a pandemic which resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including

. Government enforced fully lockdown with varying degree of restriction within the 2Q causing significant economic impact. For telecom, new subscriber acquisition as well as handset sale remained weak while

restriction to curb the Coronavirus outbreak. The entry plan remains around Bt400. Operators are building in VDO service and other value added service including mobile bundling to gear toward higher ARPU. 2Q21

revenue of Bt45,273mn, increasing 5.9% YoY due to growth in broadband and enterprise business with a recovery in handset sales from a low base in 2021 amid pandemic restriction. For QoQ, total revenue was

operators have committed to increasing 5G customer perception and expanding network coverage in high density of demand areas. As a result, 5G adoption reached around 4mn subscribers, underpinned by the rising

. It was still challenging for telecom sector particularly in the mobile business due to weak consumer spending and revenue loss from traveler sector due to international travel restriction. Fixed

resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including Thailand. This outbreak has brought significant economic uncertainties in Thailand and markets

year. This is result from sale volume was increasing and the world steel price trend increasing from the same period of last year. 2. Cost of goods sold and service of Baht 2,340.92 million or 93.22 % of

31 December 2019 due to increasing in deferred income tax from measurement of fair value in investment. Shareholders' equity as at 31 March, 2020 was Baht 4,599.53 million. Increased amount of Baht