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Search Result for “mergers and acquisitions”

Showing 1 - 10 of 33

BUSINESS

Amity targets IPO after $100m AI funding round

Business, Komsan Tortermvasana, Published on 26/03/2026

» Amity, a Thailand-founded artificial intelligence (AI) company, has marked Southeast Asia's largest generative AI funding round through the successful completion of a US$100-million Series D fundraising.

BUSINESS

Rosy outlook for post-bid telecom sector

Business, Komsan Tortermvasana, Published on 01/07/2025

» A telecom analyst has a positive outlook for the telecom sector following the mobile spectrum auction on June 29 as the results could lead to bigger spectrum cost savings for both Advanced Info Service (AIS) and True Corporation.

BUSINESS

Brokerage assesses impact of firms' slated auction bids

Business, Komsan Tortermvasana, Published on 05/06/2025

» Advanced Info Service (AIS) is expected to allocate 29.7 billion baht to acquire the 2100MHz band and a partial stake in the 2300MHz band from the auction scheduled for next month, while True Corporation is expected to spend 19.7 billion baht to acquire a partial stake in the 2300MHz band.

BUSINESS

True puts AI technology to the fore this year

Business, Komsan Tortermvasana, Published on 08/03/2024

» True Corporation has outlined three core strategic pillars for 2024, comprising modernising its digital infrastructure, providing unique services to customers, and transforming the organisation through the use of artificial intelligence (AI) and innovation technologies.

BUSINESS

True-DTAC merger tussle continues

Business, Komsan Tortermvasana, Published on 01/11/2023

» The Supreme Administrative Court's decision to overrule the Central Administrative Court's dismissal of a consumer group's complaint against the regulator's resolution on the merger of True Corporation and Total Access Communication (DTAC) is not expected to affect the proposed takeover of Triple T Broadband (TTTBB) by Advanced Info Service (AIS).

BUSINESS

AIS withdraws lawsuit against NBTC as merger crystallises

Business, Komsan Tortermvasana, Published on 02/09/2023

» Advanced Info Service (AIS) recently withdrew its lawsuit in the Central Administrative Court against the National Broadcasting and Telecommunications Commission's (NBTC) resolution last October that acknowledged the merger between True Corporation and Total Access Communication (DTAC).

BUSINESS

Questions abound as AIS-3BB deal looms

Business, Komsan Tortermvasana, Published on 23/08/2023

» The acquisition of fixed broadband service provider Triple T Broadband (TTTBB) by major telecom operator Advanced Info Service (AIS) is unlikely to have a significant impact on the market or lead to a monopoly at the expense of consumers, according to telecom analysts.

BUSINESS

BE8 planning major overseas expansion

Business, Komsan Tortermvasana, Published on 18/08/2023

» MAI-listed Beryl 8 Plus or BE8, a leading end-to-end digital transformation consultancy, plans to officially open offices in Australia and Singapore by end of this year as part of its continued international expansion.

BUSINESS

NBTC hints at withdrawal of AIS lawsuit

Business, Komsan Tortermvasana, Published on 26/06/2023

» Some commissioners on the National Broadcasting and Telecommunications Commission (NBTC) have sent signals to Advanced Info Service (AIS) to withdraw its lawsuit against the NBTC board's resolution last year acknowledging the merger of True Corporation and Total Access Communication (DTAC), says an NBTC source who requested anonymity.

BUSINESS

AIS faces hurdles in bid to buy 3BB

Business, Komsan Tortermvasana, Published on 13/06/2023

» The ongoing takeover of fixed broadband service 3BB by Advanced Info Service (AIS) may face tough consumer remedies from the telecom regulator because of the dominant position of their combined market share.