So we wake up this morning only to read about deaths from attacks at rally sites in Trat and Rajadamri/Ratchaprasong. Sad, stupid, pathetic [insert your own adjective] Thailand. Our eyes now turn to Feb 27th which will have the ruling on the THB 2 trn bill and Yingluck answering charges on the rice pledging scheme (if she shows up)
TOT eyes new revenue from AIS pact – TOT Plc expects to earn revenue of at least Bt800mn a year from its network rental service once the state telecom enters a partnership with mobile leader Advanced Info Service (AIS). TOT chief executive Yongyuth Wattanasin said a one-year memorandum of understanding between the two parties is expected to emerge next month after TOT’s board approved the deal. (Bangkok Post, 24/02/14)
Comment: The only issue surrounding ADVANC is what Suthep has come out saying that it’s a shinawatra related business, which is rubbish.
AIT guarantees new high for 2014 net profit and revenue. It is confident that revenues will hit Bt6.2bn, supported by more than Bt4bn of backlog with 90% to be realized this year. It is ready to set up a business JV with LOXLEY and SAMART to penetrate the AEC market in the future. (Khao Hoon, 24/02/14)
Comment: They have yet still to disclose what they are going to do with the massive equity increase that they did last year.
To bid for new projects this year and aims to win Bt3.5bn to help push backlog up to more than Bt6.8bn. Revenue this year is expected to grow by 10%. (Khao Hoon, 24/02/14)