TOT partnership cost” . As the agreement is effective from Jan-2019, the revenue and cost of rent incurred for 9-month period are recorded in 3Q19 offsetting the actual cost previously paid to TOT in
license is expected to commence around 4Q20. 3. In 3Q19, AIS entered into two settlements with TOT on tower dispute and equipment rental. Effectively, net cost of tower rental was reduced by Bt100mn per
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
network and service. This resulted in overall network OPEX ( excluding cost of TOT partnership) to stay flat YoY or remained at 8% of core service revenue. The focus on effective spending amidst intense
enterprise market in the medium term. Cost management has resulted in profitability improvement. Excluding payment to TOT, cash cost of service and SG&A continued to be stabilized, -4.8% YoY and +2.2% QoQ, due
remained at -3.2%, compared to -4.8% in 9M17. Cost of service was Bt56,317mn, increasing 14% YoY which includes cost of TOT partnership. Excluding the TOT partnership cost, cost of service increased 5.2% YoY
lower network traffic with TOT and change in IC rate effective from Jan- 22. Device & SIM card sales reported Bt9,270mn, decreasing -4.3% YoY and -32% QoQ. QoQ drop was mainly from high seasonal sales of
- 21, the additional 2x5MHz of 700MHz spectrum has been amortized. Network OPEX & TOT partnership cost was Bt4,615mn, decreasing -1.5%YoY and -8.7%QoQ mostly due to TOT partnership cost variable on
. Network OPEX & TOT partnership cost (net of revenue) was Bt18,642mn decreasing -2.3%YoY from saving on base rental from TOT partnership since Sep- 19 offset by increasing expense from 4G/5G expansion