Post by account_disabled on Dec 25, 2023 23:54:28 GMT -5
AIS reports operating results for the 3rd quarter of 2020 with total income of 41,715 million baht, a slight decrease of 1.3% from the previous quarter. Net profit was 6,764 million baht, excluding losses from exchange rates, making net profit stable. Compared to the previous quarter which is a result of cost management and despite still being affected by the economic situation throughout the first 9 months of the year Still continuing to invest in the network. On the occasion of its 30th anniversary last October, AIS opened its doors for customers and Thai people to experience superior entertainment and content from 5G technology, including AR, VR and Cloud Game, along with the launch of service packs. Thailand's first 5G gauge as well as laying the foundation for digital infrastructure for the Thai business sector to continue building strength and sustainable growth. *Does not include the results of Thai Accounting Standards 16 Mr. Somchai Lertsuthiwong Chief Executive Officer of Advanced Info Service Public Company Limited or AIS said, “With the adjustment of the Thai economic sector in the past 9 months, we have seen a direction in adapting to the crisis that may occur. It will happen in the future in many forms. But one thing is an important part in driving the organization at every level.
It is the application of digital technology for maximum benefit. both in terms of increasing work efficiency and helping to reduce various costs and expenses For AIS, we view 5G technology as an important digital infrastructure for economic recovery and a necessary cog in sustainably upgrading the Thai industrial sector." In October, AIS launched a full 5G service. for Thai people in every area Gain complete experience From the package and digital content, it includes the AIS 5G Max Speed package, Thailand's first 5G package with internet speeds up to 1 Gbps when used via Telegram Number Data the AIS 5G network, including AIS 5G Applications such as AIS 5G PLAY AR, AIS 5G PLAY VR and AIS 5G Cloud Game allow AIS customers to experience 5G according to their own lifestyle. In the third quarter, AIS had total revenue of 41,715 million baht, a decrease of 1.3% compared to the previous quarter and a decrease of 6.7% compared to the same period of the previous year. For the mobile phone business, AIS still has the highest number of mobile phone customers in the market at 40.9 million, of which 9.7 million are postpaid customers, an increase of 235,000 this quarter, and there are 31.2 prepaid customers. million, a decrease of 313,000, mainly due to the COVID-19 situation that has been affected since the first quarter of the year. and continued to affect the economic situation into the third quarter. Average data usage was 17.2 gigabytes per month. This increased from the previous quarter by 1.3% and the proportion of customers using 4G continued to grow, increasing to 76% of the total customer base.
As for the home internet business, AIS Fiber continues to grow. With the number of new customers increasing by 53,000, resulting in a total of 1.26 million customers and income from the home internet business of 1,785 million baht, an increase of 21% compared to the previous year. It is expected that there will be no less than 1.3 million customers in total by the end of this year. The corporate customer service business continues to grow at a high rate due to the increased demand for Cloud, Data Center and IT Solution services along with the need to transform the business with digital technology. and continue to create solutions that meet the needs of corporate business groups with strong digital infrastructure capabilities. With negative factors including the spread of the COVID-19 virus and the slowing global economy. It continues to have an impact on the Thai business sector as a whole. Both purchasing power is weak. and foreign tourists who have disappeared. The company still focuses on effective cost management and expense control. To maintain profitability and prepare for uncertain situations. As a result, AIS had a net profit of 6,764 million baht*, a decrease of 6.5% compared to the previous quarter. excluding losses from exchange rates Net profit was stable compared to the previous quarter. AIS still has a strong financial position. It has sufficient cash flow from operations to invest in network expansion, both 5G and 4G services, including spectrum license fees. which the company continues to invest continuously To maintain leadership in the industry With cash flow from operations in the first 9 months totaling 65,000 million baht and maintaining the investment budget for the entire year 2020 at approximately 35,000 million baht *not including the results of Thai accounting standards 16 “Investing in networks, especially 5G this year, we don't just see short-term benefits. But the aim of AIS is to create a competitive advantage for Thailand that will attract the attention of foreign investors, while at the Mass Scale level it may take at least another 2 years to see more clear benefits. Due to the actual use In addition to the quality of the network Two more things that are indispensable are the development of various equipment. that supports usage at a reasonable price, including creating specialized applications that will clearly benefit the user group. Finally, we believe that with the quality of the network Impressive service and answers to your needs State-of-the-art technology Special privileges that fit every lifestyle and managing an organization with a sense of social responsibility It reflects the determination of AIS for the past 30 years as a Thai organization that is ready to grow and be beside all Thai people forever," Mr. Somchai concluded.
It is the application of digital technology for maximum benefit. both in terms of increasing work efficiency and helping to reduce various costs and expenses For AIS, we view 5G technology as an important digital infrastructure for economic recovery and a necessary cog in sustainably upgrading the Thai industrial sector." In October, AIS launched a full 5G service. for Thai people in every area Gain complete experience From the package and digital content, it includes the AIS 5G Max Speed package, Thailand's first 5G package with internet speeds up to 1 Gbps when used via Telegram Number Data the AIS 5G network, including AIS 5G Applications such as AIS 5G PLAY AR, AIS 5G PLAY VR and AIS 5G Cloud Game allow AIS customers to experience 5G according to their own lifestyle. In the third quarter, AIS had total revenue of 41,715 million baht, a decrease of 1.3% compared to the previous quarter and a decrease of 6.7% compared to the same period of the previous year. For the mobile phone business, AIS still has the highest number of mobile phone customers in the market at 40.9 million, of which 9.7 million are postpaid customers, an increase of 235,000 this quarter, and there are 31.2 prepaid customers. million, a decrease of 313,000, mainly due to the COVID-19 situation that has been affected since the first quarter of the year. and continued to affect the economic situation into the third quarter. Average data usage was 17.2 gigabytes per month. This increased from the previous quarter by 1.3% and the proportion of customers using 4G continued to grow, increasing to 76% of the total customer base.
As for the home internet business, AIS Fiber continues to grow. With the number of new customers increasing by 53,000, resulting in a total of 1.26 million customers and income from the home internet business of 1,785 million baht, an increase of 21% compared to the previous year. It is expected that there will be no less than 1.3 million customers in total by the end of this year. The corporate customer service business continues to grow at a high rate due to the increased demand for Cloud, Data Center and IT Solution services along with the need to transform the business with digital technology. and continue to create solutions that meet the needs of corporate business groups with strong digital infrastructure capabilities. With negative factors including the spread of the COVID-19 virus and the slowing global economy. It continues to have an impact on the Thai business sector as a whole. Both purchasing power is weak. and foreign tourists who have disappeared. The company still focuses on effective cost management and expense control. To maintain profitability and prepare for uncertain situations. As a result, AIS had a net profit of 6,764 million baht*, a decrease of 6.5% compared to the previous quarter. excluding losses from exchange rates Net profit was stable compared to the previous quarter. AIS still has a strong financial position. It has sufficient cash flow from operations to invest in network expansion, both 5G and 4G services, including spectrum license fees. which the company continues to invest continuously To maintain leadership in the industry With cash flow from operations in the first 9 months totaling 65,000 million baht and maintaining the investment budget for the entire year 2020 at approximately 35,000 million baht *not including the results of Thai accounting standards 16 “Investing in networks, especially 5G this year, we don't just see short-term benefits. But the aim of AIS is to create a competitive advantage for Thailand that will attract the attention of foreign investors, while at the Mass Scale level it may take at least another 2 years to see more clear benefits. Due to the actual use In addition to the quality of the network Two more things that are indispensable are the development of various equipment. that supports usage at a reasonable price, including creating specialized applications that will clearly benefit the user group. Finally, we believe that with the quality of the network Impressive service and answers to your needs State-of-the-art technology Special privileges that fit every lifestyle and managing an organization with a sense of social responsibility It reflects the determination of AIS for the past 30 years as a Thai organization that is ready to grow and be beside all Thai people forever," Mr. Somchai concluded.