. Because of the Company and subsidies have transferred the ownership the following rights to the projects as follows; J Biz-J town- J City -J villa preaksa , J Biz- J Town J City - J Villa Rangsit, J Biz- J

of handset subsidies ( See Significant Event) . Considering relevant comparison, throughout 2019 the discussion of AIS's performance will be based on without TFRS15. Significant Event Since Jan-19, AIS

in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3

all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase

speed unlimited price plan while handset subsidies were more locally- focused compared to last year. With accumulation of fixed- speed unlimited subscribers, revenue and ARPU have been pressured. However

were  Bt6,7 expenses and b subsidies and a g  expenses  wer asing 33% QoQ. subsidies  in  pos was ‐2.7%, comp Net IC) was Bt6 ue to the IC rate Bt34mn in 1Q17 was Bt15,512m her depreciation gulatory fee

rental and utilities Baht 16.23 million, income from sales of assets Baht 31.55 million, government subsidies amount of Baht 12.96 million, revenue from sales of electricity plant design amount Baht 7.48

operations were also growing, recording 2.9% growth year-on-year. However, China operations decreased slightly by 8.4% due to the expiration of purchase tax incentives for combustion engine cars and subsidies

acquisition and maintain existing subscribers . The spending on handset subsidies were controlled and focused on quality subscriptions, even though new models e.g. iPhone X, Samsung Note 8 were released

partly supported by rent saving after settling disputes with TOT. Total SG&A increased 26% YoY and 22% QoQ to stand at Bt8,807mn as there were increased brand perception, handset subsidies and seasonal