ADVANC Economic slowdown leads to cut in target — ADVANC slashed its revenue target for the year to 5-6% from 6-8% due to the slowdown in the economy. Its 3Q13 net profit shrank to Bt8.34bn, with 9M13 net profit of Bt27.46bn, growth of only 3.9% YoY. (Khao Hoon, 06/11/13) Comment: Will this dividend behemoth finally […]

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ADVANC AIS introduces celebrities app for new revenue – Mobile leader Advanced Info Service (AIS) is extending its chargeable mobile content service in a drive to boost the strength of its non-voice business and increase revenue. The company launched yesterday what it calls a celebrities app, dubbed the first time in the mobile industry brand […]

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ADVANC AIS tries new approach for roaming fees – Advanced Info Service (AIS) is introducing an unlimited mobile chat package to ease consumer fears over exorbitant international roaming fees when using their phone overseas. (Bangkok Post, 08/10/13) CMO New venture with Zaap — CMO announced a joint venture with Zaap, called CMO-Zaap, a new company […]

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ADVANC AIS gears up for 4G network expansion – Advanced Info Service is gearing up for fourth-generation (4G) network expansion on multi-frequency networks next year. AIS chief executive Wichian Mektrakarn said it could not afford to lose the auction for the 1800 MHz frequency planned for next September. (Bangkok Post, 02/10/13) Comment: WOOOOOO 4G. HEMRAJ […]

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ADVANC AIS moves to become leader in mobile payments – Advanced Info Service (AIS) will launch a new mobile-wallet service for online shopping. Already the largest mobile operator, the move is aimed at becoming the leader in mobile payments. The virtual credit card payment service, which AIS claims is the first in Thailand, lets online […]

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Donald Rumsfeld referred to Europe as “Old Europe” years ago in a speech and its something that has stuck in the back of my mind ever since. Population demographics of a country is tremendously important for the growth of a country and this is why SE Asia is still a fantastic place to be investment […]

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ADVANC AIS curbs ‘bill shock’ for 3G customers using data services – Advanced Info Service (AIS) has introduced an automatic data tariff adjustment to curb “bill shock”, one of 3G users’ worst experiences. The move is also aimed at complying with National Broadcasting and Telecommunications Commission regulations requiring 3G operators to lower their 2G and […]

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ADVANC AIS to bring curtain down on 2G service — ADVANC plans to end 2G mobile service after its concession expires in 2015, say executive chairman Somprasong. (Bangkok Post, 24/06/13) Comment: Welcome to the world of tomorrow! Mitsubishi: In talks to buy BAY. Japanese Mitsubishi UFJ is reported to be in the final stages of […]

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