Thai AIS sees new subscribers up in tough 2008

Reuters
17th Jan 2008

BANGKOK, Jan 17 (Reuters) - Advanced Info Service PCL ADVA.BK (AIS), Thailand's top mobile phone operator, said on Thursday it expected more than 1 million net new subscribers this year despite stiff competition.

"Competition should be rising this year," vice president Vilasinee Puddhikarant told reporters. "Our new subscribers should increase more than one million and we are also working to keep our existing clients," she said.

AIS estimated it had about 24 million subscribers last year, when it aimed for 5 million new subscribers, Vilasinee said.

AIS is 43 percent-owned by Shin Corp SHIN.BK, controlled by Singapore's Temasek Holdings [TEM.UL] after the family of ousted Prime Minister and Shin founder Thaksin Shinawatra sold its controlling stake in the conglomerate in January 2006. >>>> More