AIS started 2019 with a strong first-quarter net profit of Baht 7,615 million. 4G customers grew constantly adding up to 63% of 41.5 million total subscribers. Average data usage has increased to 11.4 gigabytes.
The gain on postpaid of 353,900 subscribers, the highest in the last 11 quarters, accentuates AIS as No.1 mobile phone service provider with 48% market share. Moreover, AIS Fibre completed its first quarter with 64,500 subscribers added, the highest in the past seven quarters.
Mr. Somchai Lertsutiwong, Chief Executive Officer of Advanced Info Service Public Limited Company or AIS, said “Telecom industry remains a significant infrastructure in the development of Thailand, creating opportunity for economic growth in every sector.
As a digital life service provider, AIS is determined to continually upgrading the entire networks including mobile, fixed broadband and digital solutions at its best.
Plus, the company persists in digital transformation and enhances employees’ competencies to stay competitive in the rapidly-changing digital world.
All these are meant to sustain customers’ benefits as well as Thailand’s economic growth. Recently, Brand Finance, the world’s leading independent branded business valuation and strategy consultancy, ranked AIS as “the World’s Strongest Telecom Brand.
” following its excellent care-taking of every stakeholder, rational investing in the market, and the production of strong financial results and constant growth.
AIS’s strengths reflected in Q1/2019 performance with a total revenue growth of 7.1% YoY and a slight decline of 1.7% QoQ, while net profit sttod at Baht 7,615 million, decreasing 5.3% YoY but increasing 11% QoQ.
This emphasizes its leadership in mobile industry with 48% revenue market share. AIS’s 4G customers grew constantly contributing to 63%of the 41.5 million total subscribers.
With our continuous effort in enhancing AIS PLAY and AIS PLAYBOX video platforms, which also broadcast the HBO hit series Game of Thrones and live concerts of nationally-renown artists, this has supported the data usage which has grown sharply from 7.6 to 11.4 gigabytes YoY.
AIS has become a game changer in Thailand’s fixed broadband market, offering Thailand’s first full-scaled customer services with the campaign “Faster, Better, Simple.
” Throughout the past five years, AIS Fibre has been a rookie fibre provider that continues to gain new subscribers through its differentiations including innovative packages and creatively quality services.
Endorsed by Netflix ISP Speed Index as No.1 in Thailand’s broadband internet for two consecutive years, AIS Fibre offers exclusive access to Netflix programs through AIS PLAYBOX. As a result, AIS Fibre finished its first quarter with 795,000 subscribers, an increase of 64,500 net additions, the highest number in the past seven quarters.
As for digital services, AIS has launched AIS Insurance Service in the quarter positioning itself as an online insurance broker providing easy access for Thai people seeking instant insurance coverage. Rabbit LINE Pay,
AIS’s mobile money joint venture with LINE and VGI, reported a growing number in users’ registration. AIS has also revolutionized how we serve customers by offering holistic digital services to fulfill consumer behaviors particularly the Gen C.
Introducing AIS DigitALL Shop, the first unmanned store in Thailand, AIS deployed artificial intelligence (AI) that enhances virtual-agent capability and provides full-service digitization for both offline and online.
Furthermore, AIS boosted its competitiveness regionally by collaborating with China Unicom to bring ICT services to Chinese and Thai enterprises, leading to greater benefits for many corporate customers.
AIS IoT Alliance Program (AIAP), business-government collaboration in IoT (Internet of Things) knowledge sharing and solutions, has been creating innovative services to customers and business opportunities to enterprises.
Recently, AIS has signed a contract with Provincial Electricity Authority (PEA) to co-develop Smart Meter using IoT technology to manage electrical system.
Last but not least, OOKLA® Speedtest® declared AIS the fastest mobile network in Thailand for four consecutive years, and the fastest mobile network in Bangkok metropolitan.
Mr. Somchai concluded, “Looking ahead in 2019, AIS expects core service revenue to grow mid-single digit compared to last year. EBITDA is targeted to be stable from last year at around 43%.
An investment budget of Baht 20 – 25 billion has been allocated to enhancing network quality and efficiency to meet usage volumes and deliver extraordinary customer experiences amidst growing demands.
We are confident that AIS will remain our competitiveness in being No.1, continue to grow constantly, and certainly strengthen national digital economy.”