Advanced Info Service

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Advanced Info Service
Public
Traded as SETADVANC
Industry Telecommunications
Founded April 24, 1986; 30 years ago (April 24, 1986)[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 Decrease TH฿ 152.71 billion (2016)[3]
Profit Decrease TH฿ 30.66 billion (2016)[3]
Total assets Increase TH฿ 275.67 billion (2016)[3]
Total equity Decrease TH฿ 42.56 billion (2016)[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 39.87 million customers as of Q3 2016. [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 between the People's Democratic Reform Committee (PRDC) and Shinawatra, the PDRC called for a boycott of AIS, wrongly believing it to be owned by the Shinawatra family.[13]

Subsidiaries[edit]

  • 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.

mPay[edit]

mPay, a subsidiary of the Advanced Info Service, is a payment processor and one of Thailand's 3 major payment service providers.[14] Its partners include CIMB[15] and 2C2P.[16]

According to a 2014 article in The Nation, mPay has around 1.6 million registered users, of which roughly 1.2 million are end-users and 400,000 are mPay agents. 150,000 of mPay's end-users use the service monthly, spending on average Bt30,000.[17] In November 2015, 4 million people in Thailand used mPay,[18] and in August 2013, mPay had around 700 merchant partners.[19]

Services and coverage[edit]

As of March 2013, AIS is the largest network in Thailand with 35 million subscribers.[20] 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.

[edit]

References[edit]

  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. ^ a b c d 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,[1] 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. ^ Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com,. "E-wallet key service as True Money eyes 15% growth - The Nation". Retrieved 20 September 2016. 
  15. ^ Thailand, Nation Multimedia Group Public Company Limited, Nationmultimedia.com,. "CIMB Thai to use mPay for its Beat Savings mobile service - The Nation". Retrieved 20 September 2016. 
  16. ^ "2C2P News". Retrieved 20 September 2016. 
  17. ^ Pornwasin, Asina (March 18, 2014). "Cashing in on a cashless society". The Nation. Retrieved September 25, 2016. 
  18. ^ "Mobile networks team up for e-payment". Bangkok Post. September 3, 2015. Retrieved September 25, 2016. 
  19. ^ "Opening the electronic wallet". Bangkok Post. August 19, 2013. Retrieved September 25, 2016. 
  20. ^ "DTAC Slow Plays 3g Roll Out". Bangkok Post. Retrieved 15 March 2013. 
  21. ^ "Notification on changing the Company logo and brand repositioning". Advance Info Service. 29 September 2011. Retrieved 11 November 2011. 

External links[edit]