Advanced Info Service

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Advanced Info Service
Public
Traded as SETADVANC
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 (1991-11-05).[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

  • Advanced Contact Center Company Limited (ACC) - Operate AIS Call Center 1175 and 1148
  • Advanced Datanetwork Communications Company Limited (ADC) - Provide Online Data Communication service via telephone lines under the name "Datanet", licensed by TOT
  • DataNetwork Solutions Company Limited (DNS) - Provide Online Data Communication service via telephone lines under the name "Datanet"in the provincial area.
  • mPay payment processing and e-wallet service.

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

References

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  3. 3.0 3.1 3.2 3.3 F/S & Highlights The Stock Exchange of Thailand
  4. Staff & Human Resource Development Investor Site - AIS
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  6. Job TopGun,[1] Advanced Info Service PLC. ,
  7. AIS corporate website, click on "About AIS", "Company profile", and then "1990"
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External links