agreements with TOT, effective since 1-Mar-18, on co- utilizing the 2100MHz spectrum. This resulted in AIS having in total 55MHz spectrum in both low- and high-band, which ensures AIS’s capability to provide
855,400, against the year-end target of 1mn. In 2H19, AIS Fibre will continue acquiring subscribers in the 57 key cities by focusing on offering AIS’s mobile customers with FMC (Fixed-Mobile Convergence
enterprise This quarter, AIS announced a joint venture with SCB, a listed leading bank, for digital lending business with an investment of Bt300mn in the ‘AISCB’ JV. The JV is expected to start service in 1Q22
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
Bt109,700mn with a net debt to EBITDA of 1.4x, stable from 2016, and maintained an investment grade credit rating at BBB+ for S&P. Cash Flow In 2017, AIS generated Bt65,528mn of operating cash flow ( after tax
bandwidth from the auction. This has resulted in AIS being the operator having the largest bandwidth in the industry, 2x60MHz in total, and has enhanced AIS’ s capability to provide the most efficient 4G
the face of these challenges, AIS’s execution focusing on profitable revenue brought in a core service revenue of Bt33,351mn, growing 2.3% YoY. This growth was driven by the continued expansion of fixed
facilitated by government subsidizations. This was further supported by a continuous increase in foreign arrivals despite some structural headwinds and rising geopolitical conflicts. In summary, AIS reported
expansion due to ongoing recovery in private consumption and the tourism sector during the festive season, despite delayed government budget disbursement. Overall, AIS reported core service revenue of