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Telecommunications
Singtel's Thai associate AIS to acquire broadband businesses for $1.27 bil
The deals, to be subjected to regulatory approvals, are expected for competition by 1Q 2023.
July 04, 2022
Company in the news
Thai billionaire Sarath plans US$5.4 bil buyout of Singtel subsidiary Intouch
Singtel currently holds 21% in Intouch.
April 19, 2021
Tech
Singtel-backed Thai firm AIS targets tripling in fibre customers
(Dec 1): Advanced Info Service, the top wireless operator in Thailand, intends to triple subscribers for its fiber-based high-speed Internet service as it grapples with intense competition in the mobile sector.
December 01, 2017
Funds
Thai funds tumble before king's passing
The biggest decliner was Ho Yin Pong’s $220 million Allianz Thailand Equity fund, which has fallen 8.8% over the past three trading days. Ho’s fund is one of the poorest performers among its peers this year with returns of just 4 %. This is less than
October 14, 2016
Update
Singtel to pay $2.5 bil for Temasek’s stakes in Intouch, Bharti
SINGAPORE (Aug 18): Singapore Telecommunications agreed to pay $2.47 billion for stakes in Thailand’s Intouch Holdings and India’s Bharti Telecom to broaden access to fast-growing wireless markets in the countries and in Africa.
August 18, 2016