AIS to take over Triple T Broadband, infrastructure fund from JAS

[webfact]

 

By Panithan Onthaworn

 

Thailand’s largest mobile carrier Advanced Info Service Plc (ADVANC) said on Monday it is acquiring two broadband entities from Jasmine International Plc (JAS) for 32.4 billion baht.

 

In the morning session, ADVANC rose by 3.3 per cent from its prior closing to 202 baht, while JAS fell 3.9 per cent to 3.46 baht. 

 

The telecom giant will pay 19.5 billion baht for Triple T Broadband through its subsidiary Advanced Wireless Network. In another deal, 12.9 billion baht will be used to buy a 19.9 per cent stake in the Jasmine Broadband Internet Infrastructure Fund (JASIF).

 

Full story: https://www.thaienquirer.com/41420/ais-to-take-over-triple-t-broadband-infrastructure-fund-from-jas/

 

-- © Copyright Thai Enquirer 2022-07-04

 

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[brucegoniners]

That's too bad. I really like 3BB. Looks like it will go downhill now.

[elwood]

2 hours ago, brucegoniners said:

That's too bad. I really like 3BB. Looks like it will go downhill now.

I like 3BB too, I have been with them for many years, very rarely had problems, and none major.

 

However, I use AIS when away from the house and where free WIFI is not available, and they are always good. Also several acquaintances use their monthly plans and are happy with them.

 

So, here's hoping!!

Edited July 4, 2022 by elwood
AIS not AIA

[hotchilli]

14 hours ago, brucegoniners said:

That's too bad. I really like 3BB. Looks like it will go downhill now.

Don't be so sure, I've been with AiS for a long time... excellent service.

[hotchilli]

12 hours ago, elwood said:

However, I use AIS when away from the house and where free WIFI is not available, and they are always good. Also several acquaintances use their monthly plans and are happy with them

I use AiS all the time, 5 years never an issue.

[phetphet]

15 hours ago, brucegoniners said:

That's too bad. I really like 3BB. Looks like it will go downhill now.

I agree. I use AIS for phone service, but prefer 3BB for internet at home.

Edited July 5, 2022 by phetphet

[Henryford]

15 hours ago, brucegoniners said:

That's too bad. I really like 3BB. Looks like it will go downhill now.

Yes i have 3BB too, a great internet Provider. Hope AIS doesn't c*** it up.

[Heng]

Well done, JAS.   Stuck around profitably for decades without really doing any market development.   The magic of being a first mover concession holder.

[BritManToo]

18 hours ago, brucegoniners said:

That's too bad. I really like 3BB. Looks like it will go downhill now.

Agree!

[KhunBENQ]

Many positive reports about AIS fiber on the forum here.

They offer mesh WiFi up here in the village.

The mobile network still has best coverage (I have an AIS and a DTAC SIM and DTAC rarely comes close).

No reason to assume that the quality will go down after merging with 3BB.

Prices/competition is a different matter.

Edited July 5, 2022 by KhunBENQ

[TallGuyJohninBKK]

18 hours ago, elwood said:

However, I use AIS when away from the house and where free WIFI is not available, and they are always good. Also several acquaintances use their monthly plans and are happy with them.

 

It's the Thailand typical trend of eliminating meaningful market competition that's concerning...

 

True is buying out DTAC... eliminating competition in mobile services.

 

AIS is buying out 3BB... eliminating competition in home internet services.

 

Part of the reason we've enjoyed pretty good rates for internet services and mobile services is there have been competitors like DTAC and 3BB providing competition to the huge monopoly-inclined firms like True....  But that all seems to be vanishing now.

 

There's a difference between quality of service and rates... In my experience, AIS is usually a pretty good quality service provider both for mobile and fiber internet. But True is an abomination for both....

 

However, with the reduced amount of competition coming, where the changes likely will be felt in the future is in product prices.... and AIS needing to pay off their acquisition of 3BB.... Who do you think will end up paying for that?

 

 

 

Edited July 5, 2022 by TallGuyJohninBKK