AIS to acquire stakes in two internet service providers

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3BB logo. Image: 3BB.

Advanced Info Service Plc (AIS) has announced its decision to acquire Triple T Broadband Plc (TTTBB) and invest in the Jasmine Broadband Internet Infrastructure Fund (JASIF) for a total of 32.4 billion baht, to expand its internet service offering in Thailand, especially in upcountry provinces.

The Stock Exchange of Thailand (SET) has been notified of the acquisition and investment plan.

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By Thai PBS World

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