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Bangkok Post

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THE TRUTH ABOUT: All eyes on ais after jasif resolution - Caught on Camera

AIS JAs Pisut Ngamvijitvong Advanced Info Service OFC Somchai Lertsutiwong Internet DTAC KS

AIS announced in July its plan to acquire TTTBB and invest 19% in JASIF in a deal worth 32.4 billion baht in total.

Advanced Info Service's (AIS) plan to acquire fixed broadband provider Triple T Broadband (TTTBB) and invest 19% in Jasmine Broadband Internet Infrastructure Fund (JASIF) is now shrouded in uncertainty after JASIF unitholders rejected AIS's proposed amendments to optical fibre cable (OFC) rental agreements between TTTBB and JASIF.

The market is watching AIS's response to the resolution, following a meeting of JASIF's unitholders on Tuesday.

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