- Published: May 2012
- Region: Thailand
Advanced Info Service Public Co. Ltd. Oct 11
- Published: October 2011
- Standard & Poors
Favorable market position Strong cash flows Low leverage Competitive environment Regulatory uncertainties The rating on Thailand-based telecom operator Advanced Info Service Public Co. Ltd. (AIS) reflects the company's favorable market position, strong cash flows, and low debt. Thailand's competitive telecom market and the country's evolving regulatory framework temper these strengths. As the national incumbent, AIS has a clear lead over its domestic competitors, earning about half of Thailand's mobile telecommunication industry's revenues. As of March 31, 2011, AIS' share of the subscriber identity module (SIM) card market was 44%. The market share has been stable since the last quarter of 2008. AIS' 32.5 million customer base has been growing at an average 8.1% for the past five quarters. The introduction...
Companies mentioned in this report are: Advanced Info Service Public Co. Ltd.
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Advanced Info Service Public Co. Ltd.