Advanced Info Service

Advanced Info Service Public Company Limited
Company typePublic
SET: ADVANC
IndustryTelecommunications
Founded24 April 1985; 39 years ago (24 April 1985)[1]
FounderThaksin Shinawatra
HeadquartersPhaya Thai, Bangkok, Thailand[2]
Area served
Thailand
Key people
ProductsMobile network, Internet service provider, Internet TV
ServicesMobile telephony, Internet
RevenueIncrease 180.89 billion baht (2019)[3]
Increase 37.40 billion baht (2019)[3]
Increase 31.19 billion baht (2019)[3]
Total assetsDecrease 289.67 billion baht (2019)[3]
Total equityIncrease 69.39 billion baht (2019)[3]
Number of employees
10,586+ (2013)[4]
ParentIntouch Holdings
SubsidiariesTriple T Broadband (3BB)
JASIF (Jasmine Broadband Internet Infrastructure Fund) (19%)
Websitewww.ais.th/en/

Advanced Info Service Public Company Limited (AIS) is Thailand's largest GSM mobile phone operator with 39.87 million customers as of Q3 2016.[5][failed verification] Founded in April 1985, 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 (TOT), and later became the first company allowed to operate on the GSM-900 frequency.[7] It acquired Shinawatra Paging in June 1992.[citation needed]

The company is controlled by the Intouch Holdings (formerly Shin Corporation), headed by Temasek Holdings, a Singapore government-owned agency. AIS listed on the Stock Exchange of Thailand on 5 November 1991 (1991-11-05).[8] As of 23 December 2011, Intouch holds 40.45 percent of the shares of the company and Singapore Telecommunications (also majority-held by Temasek) together with Thai Trust Fund and OCBC Nominees holds a 23.32 percent stake.[9][10][11]

Temasek bought the AIS brand through the 2006 acquisition of the Shin Corporation from 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]

  1. ^ Advanced Info Service (2010). Annual Registration Statements 2009 (PDF) (in Thai). Archived from the original (PDF) on 22 July 2011. Retrieved 23 June 2010.
  2. ^ "Contact us". Advanced Info Service PLC. Retrieved 1 January 2019.
  3. ^ a b c d e "ADVANC: ADVANCED INFO SERVICE PUBLIC COMPANY LIMITED: Financial data" (PDF). AIS. Retrieved 23 January 2021.
  4. ^ Staff & Human Resource Development Archived 20 November 2015 at the Wayback Machine Investor Site – AIS
  5. ^ Sirivish Toomgum (September 2011). "AIS to double 3G users". The Nation. Archived from the original on 8 June 2013. Retrieved 12 September 2012.
  6. ^ Job TopGun,[1] Archived 13 July 2011 at the Wayback Machine Advanced Info Service PLC
  7. ^ AIS corporate website, click on "About AIS", "Company profile", and then "1990"[additional citation(s) needed]
  8. ^ "ADVANC Company Profile". Stock Exchange of Thailand. Archived from the original on 27 September 2011. Retrieved 23 June 2010.
  9. ^ "Page 42 – Shareholding structure – AIS 2011 Annual Report" (PDF). Archived from the original (PDF) on 24 May 2013. Retrieved 7 April 2012.
  10. ^ "Shin to sell more of AIS to Singtel". The Nation. Archived from the original on 8 June 2013. Retrieved 7 April 2012.
  11. ^ "ADVANC Major Shareholder". Stock Exchange of Thailand. Archived from the original on 1 March 2010. Retrieved 23 June 2010.
  12. ^ "Thaksin helps himself". The Economist. 26 January 2006. Retrieved 23 June 2015.
  13. ^ "PDRC targets Shinawatra interests". Bangkok Post. 19 February 2014. Retrieved 6 March 2014.