News

+

1 November 2021: AIS has announced its operating results for the third quarter of 2021. The company will continue to exploit the potential of 5G network technology to support the growth of every sector in Thailand. This includes manufacturing, industry, services, public health, education and tourism. The objective is to bring about a fully-fledged digital ecosystem with a focus on establishing digital infrastructure to connect every kind of work, to support reopening for tourism and competition at the global scale with all of its opportunities and challenges.

Somchai Lertsutiwong, CEO of Advanced Info Services Plc. (AIS) announced, “Over the last three quarters AIS has had the clear goal of exploiting the company’s potential in network technology and digital services to establish infrastructure with the best coverage and readiness for service. It tangibly links different sectors and is already in use today. Industry, manufacturing and even business can deploy digital tools to give them a better competitive edge, driving the national economy from the grassroots upwards.”

As for the third quarter operating results in 2021, total revenues were 42,377 MB, growth of 1.6% year on year. Net profit for the third quarter of this year is 6,374 MB. For the first 9 months of 2021, AIS’s total revenue was up 3.3% on last year at 130,995 MB, with net profit 20,059 MB, down on last year by 1.0%. Results are broken out by business unit as follows:

• Mobile: Nine-month mobile revenues dropped 1.6% year on year to 87,653 MB because of economic conditions and consumers’ spending power weakening in the new wave of the pandemic, combined with fierce competition. Uptake of 5G services after network expansion to cover all 77 provinces is over 42% of the population, a total subscriber base for 5G of over 1.5 million. The target remains 2 million by the end of this year.
• Home Internet: Over nine months, this showed high growth of 20% year-on-year. In Q3 of 2021 a net 133,000 new customers were added, the most for five quarters. AIS Fibre now has a total 1,668,900 subscribers and has achieved its target of 1.6 million households by the end of the year. Business has been boosted by the positive factors of Work from Home and Learn from Home.
• AIS Business: Growth of enterprise customers has been strong over the last 9 months at 16% year-on-year. This has come from increased demand for different business solutions such as Cloud, Cybersecurity and ICT solutions over the last 9 months. A number of new services have been launched with partners such as OMRON, offering Industry 4.0 solutions for Smart Manufacturing, or the linkup between AIS 5G, Mitsubishi Electric and TKK to create the Total Industrial Solution and e-F@ctory. This exploits the potential of 5G to meet the needs of the country’s industrial sector and manufacturing plants. Most recently, the company has launched integrated world-class Cyber Security solutions to detect and prevent all kinds of cyber threat in partnership with Palo Alto Networks.

Somchai added, “It is clear that AIS has been connecting all the different sectors for the greatest benefit of the Thai people. In the last quarter, we reached agreement to establish AISCB, a joint venture with Siam Commercial Bank. This entity will provide digital financial services such as loans and other financial services which still have huge growth potential, one more sign of our leadership in providing an unlimited range of digital services.”

“We believe that the 5G network is still capable of providing immense benefits to the nation. Ever since we launched 5G services, our intention has always been to deliver the Thai public a superior user experience as the best Digital Life Service Provider. Right up to the present, we have continued to invest according to our operational plan, to realize the full potential of 5G to meet the user needs of every customer segment. The result is a country with robust digital infrastructure and a hub of digital industry ready to compete at a global level. We can use this strong point to attract investors and achieve sustainable economic growth, while grasping new opportunities after national re-opening,” concluded Somchai.