Shareholders of Jasmine International Plc (JAS) have approved a deal in which Advanced Info Service (AIS) Plc will acquire its subsidiary Triple T Broadband (TTTBB), a fixed broadband operator, and buy 19% of Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion baht in total.
Shareholders of Jasmine International Plc (JAS) have approved a deal in which Advanced Info Service (AIS) Plc will acquire its subsidiary Triple T Broadband (TTTBB), a fixed broadband operator, and buy 19% of Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion baht in total.
National Telecom (NT), the state-owned telecom enterprise, is weighing options on how to handle its loss-making fixed broadband business, including the prospect of renting the infrastructure to other players to operate.
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Advanced Info Service Plc (AIS), Thailand’s biggest mobile phone operator, plans to expand its network by acquiring Triple T Broadband Plc and an infrastructure fund for a total of 32.4 billion baht.