Advanced Info Service

Advanced Info Service
Public
Traded as SET: ADVANC
Industry Telecommunications
Founded 24 April 1986 (1986-04-24)[1]
Founder Thaksin Shinawatra
Headquarters 414 Intouch Tower Phaholyothin Road, Samsen Nai, Phayathai, Bangkok, Thailand[2]
Area served
Thailand
Products Mobile
Services Mobile telephony, Internet
Revenue Increase THB 150.02 billion (2014)[3]
Profit Decrease THB 36.03 billion (2014)[3]
Total assets Increase THB 126.35 billion (2014)[3]
Total equity Increase THB 46.75 billion (2014)[3]
Number of employees
10,586+ (2013)[4]
Parent Intouch Holdings
Website www.ais.co.th

Advanced Info Service Public Company Limited is Thailand's largest GSM mobile phone operator with 35 million customers as of March 2013. [5] Founded in April 1986, AIS started off as a computer rental business.[6] In October 1990, it launched analog 900 MHz mobile phone services with a 20-year monopoly concession from the Telephone Organization of Thailand, and later became the first company allowed to operate on the GSM 900 frequency.[7] Followed by acquiring Shinawatra Paging in June 1992.

The highly profitable company is controlled by the Intouch plc (formerly Shin Corporation), headed by Temasek Holdings, a Singapore government owned agency. AIS is listed on the Stock Exchange of Thailand on 5 November 1991.[8] As of 23 December 2011, InTouch plc holds 40.45% of the total shares of the company and Singapore Telecommunications (also majority held by Temasek together) together with Thai Trust Fund and OCBC Nominees holds a 23.32% stake.[9][10][11]

Temasek bought AIS brand through the 2006 acquisition of the Shin Corporation from the ousted former Prime Minister Thaksin Shinawatra.[12]

In February 2014, in a conflict opposing and the People's Democratic Reform Committee and the Shinawatra, the PDRC called for a company boycott, wrongly believed to be owned by the Shinawatra family.[13]

Subsidiaries

Services and coverage

As of March 2013, AIS is the largest network in Thailand with 35 million subscribers.[14] In addition to post pay services, AIS offers prepaid services under the 1-2Call brand.

Currently (2014) data is sold in both time-based and volume-based packages, with daily unlimited packages starting at 49 baht.

Competitors

Company Logo

  1. ^ "Notification on changing the Company logo and brand repositioning". Advance Info Service. 29 September 2011. Retrieved 11 November 2011. 

References

  1. Advance Info Service (2010). Annual Registration Statements 2009 (PDF) (in Thai). Retrieved 23 Jun 2010.
  2. Advance Info Service (2010). Annual Report 2009 (PDF). p. 27.
  3. 1 2 3 4 F/S & Highlights The Stock Exchange of Thailand
  4. Staff & Human Resource Development Investor Site - AIS
  5. Sirivish Toomgum (Sep 2011). "AIS to double 3G users". The Nation. Retrieved 12 Sep 2012.
  6. Job TopGun, Advanced Info Service PLC. ,
  7. AIS corporate website, click on "About AIS", "Company profile", and then "1990"
  8. "ADVANC Company Profile". Stock Exchange of Thailand. Retrieved 23 June 2010.
  9. "Page 42 - Shareholding structure - AIS 2011 Annual Report" (PDF). Retrieved 7 April 2012.
  10. "Shin to sell more of AIS to Singtel". Retrieved 7 Apr 2012.
  11. "ADVANC Major Shareholder". Stock Exchange of Thailand. Retrieved 23 June 2010.
  12. "Thaksin helps himself". The Economist. 2006-01-26. Retrieved 23 June 2015.
  13. "PDRC targets Shinawatra interests". Bangkok Post. 19 Feb 2014. Retrieved 6 Mar 2014.
  14. "DTAC Slow Plays 3g Roll Out". Bangkok Post. Retrieved 15 March 2013.

External links

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