Latest news with #AdvancedInfoService
Bangkok Post
3 days ago
- Business
- Bangkok Post
AIS, Thaicom get behind border security effort
Advanced Info Service (AIS) and Thaicom are supporting Thai-Cambodian border security operations, enhancing network and communication capabilities in border operation zones. Amid ongoing unrest and heightened vigilance along the border, AIS and Thaicom, as key providers of the nation's communication and telecom infrastructure, are reinforcing support for military and security forces stationed in border areas. Their mission is to ensure robust and reliable communications for personnel operating in the field. AIS improved the capacity of its 4G and 5G networks and deployed temporary mobile base stations in operational zones. These measures aim to facilitate seamless communication for military officers and improve coordination and real-time situational monitoring. The initiative covers four provinces along the border -- Ubon Ratchathani, Surin, Si Sa Ket and Buri Ram -- as well as key security operation bases situated in strategic border areas. In addition, Thaicom is supporting operations in remote areas beyond the reach of conventional network infrastructure. This includes the provision of high-speed internet via Thaicom's satellite system, with both fixed satellite terminals for border command centres and mobile terminals for mobile task units. AIS and Thaicom remain committed to supporting critical national missions in all circumstances, said the two companies. With their advanced network and technology capabilities, both organisations aim to contribute to the long-term security and safety of Thai society, they added.
Bangkok Post
23-07-2025
- Business
- Bangkok Post
AIS SIAM aims to harness Generation C
Advanced Info Service (AIS) has launched AIS SIAM, a new landmark under the "playhouse with purpose" concept, designed for Generation C (Gen C) or the so-called creative generation yet open to all. The move is aimed at providing a hub of opportunity, ready to ignite the creativity of the new generation in every dimension, according to AIS chief executive Somchai Lertsutiwong. Located in Siam Square Soi 7, the four-storey building is equipped with AIS 5G and the latest Wi-Fi 7 system which delivers rapid connectivity. AIS SIAM was developed in collaboration with partners, including Chulalongkorn University, Gulf Development and TADA Entertainment. Mr Somchai said AIS believes in the power of the creative generation -- filled with ideas, talent and the energy to shape society through creativity. "That's why we developed AIS SIAM as a space within Siam Square for community, creativity, social and self-expression -- seamlessly blending our advanced network with entertainment and lifestyle." He added that the return of investment and spending is not a concern regarding the development of AIS SIAM, as the place is aimed at being a venue where "passion can be transformed into goals". He added that AIS SIAM is open to all, regardless of age, gender, or profession to join in -- where everyone can try, taste, play and create things together in their own way. The first floor is a 'cafe & experience' space. Highlights include an exclusive AIS SIAM Blend -- a signature coffee crafted by BEANS Coffee Roaster. AIS customers can use AIS Points for food and drink discounts. This floor also features cutting-edge gadgets, digital products and exclusive AIS SIAM merchandise. The second floor features a 'co-playing space' concept, offering a lineup of hit games. Visitors can purchase them directly via AIS's online store. Board game lovers are in for a treat too, with a wide selection of popular Thai and international games. The third floor features a 'hype space' concept, specially curated for collaborative activities between AIS and its key music house partner -- designed to support skills-building and hands-on learning for dreamers ready to pursue their passions. The fourth floor houses AIS SIAM, a full-scale studio for creators, designed for those selected to craft professional-level content with AIS. This floor is equipped with state-of-the-art gear and cutting-edge technology, ready to support high-quality, creative production that's sure to make an impact on the scene.
Forbes
20-05-2025
- Business
- Forbes
Billionaire Sarath Ratanavadi's Gulf Development Becomes Kasikornbank's Third-Largest Shareholder
A Gulf Development gas-fired power plant. Gulf Development—controlled by billionaire Sarath Ratanavadi-has increased its stake in Kasikornbank—making the energy and telecommunications giant the lender's third-largest shareholder. Bangkok-listed Gulf Development bought an additional 0.5% stake in Kasikornbank, raising its stake in Thailand's third-largest bank by assets to 5.2%, the company said in a regulatory filing. The investment is part of the continuing diversification strategy at Gulf Development, a power producer founded by Sarath in 2007. Since then the company has grown to become one of Thailand's largest conglomerates with interests in telecommunications, and digital infrastructure. It is the top shareholder of Advanced Info Service, the country's No. 2 mobile carrier by revenue. Beyond traditional financial services, Kasikornbank provides Gulf a potential virtual banking platform. Kasikornbank also owns a 38.3% stake in non-listed Muang Thai Life Assurance, which generated 5.6 billion baht ($169 million) net profit on 91.9 billion baht in revenues in 2024. 'We see this as a strategic long-term positioning move. Gulf is evolving into a national-scale infrastructure conglomerate—now covering power, telecom, satellite, banking, and potentially life insurance,' said Wetid Tangjindakun, analyst at KGI Securities (Thailand). 'Given the scarcity of quality growth names in Thai equities, Gulf stands out as a proxy for Thailand's structural digital and infrastructure evolution.' Gulf has been scaling up its investments in digital infrastructure. Last June, it partnered with Alphabet's Google to build artificial intelligence-powered cloud facilities in Thailand. Gulf Binance, a partnership between Gulf Energy and billionaire Chanpeng Zhao's Binance, started a crypto currency exchange in Thailand last year. With a real-time net worth of $12.9 billion, Sarath is among the wealthiest in Thailand. Bulf of his fortunes comes from his stake in Gulf, which has a market capitalization of about $22 billion.
Forbes
20-05-2025
- Business
- Forbes
Thai Energy Billionaire Becomes Kasikornbank's Third-Largest Shareholder
A Gulf Development gas-fired power plant. Gulf Development—controlled by billionaire Sarath Ratanavadi-has increased its stake in Kasikornbank—making the energy and telecommunications giant the lender's third-largest shareholder. Bangkok-listed Gulf Development bought an additional 0.5% stake in Kasikornbank, raising its stake in Thailand's third-largest bank by assets to 5.2%, the company said in a regulatory filing. The investment is part of the continuing diversification strategy at Gulf Development, a power producer founded by Sarath in 2007. Since then the company has grown to become one of Thailand's largest conglomerates with interests in telecommunications, and digital infrastructure. It is the second-biggest shareholder of Advanced Info Service, Thailand's No. 2 mobile carrier by revenue. Beyond traditional financial services, Kasikornbank provides Gulf a potential virtual banking platform. Kasikornbank also owns a 38.3% stake in non-listed Muang Thai Life Assurance, which generated 5.6 billion baht ($169 million) net profit on 91.9 billion baht in revenues in 2024. 'We see this as a strategic long-term positioning move. Gulf is evolving into a national-scale infrastructure conglomerate—now covering power, telecom, satellite, banking, and potentially life insurance,' said Wetid Tangjindakun, analyst at KGI Securities (Thailand). 'Given the scarcity of quality growth names in Thai equities, Gulf stands out as a proxy for Thailand's structural digital and infrastructure evolution.' Gulf has been scaling up its investments in digital infrastructure. Last June, it partnered with Alphabet's Google to build artificial intelligence-powered cloud facilities in Thailand. Gulf Binance, a partnership between Gulf Energy and billionaire Chanpeng Zhao's Binance, started a crypto currency exchange in Thailand last year. With a real-time net worth of $12.9 billion, Sarath is among the wealthiest in Thailand. Bulf of his fortunes comes from his stake in Gulf, which has a market capitalization of about $22 billion.
