Fitch Ratings says Advanced Info Service's (AIS) proposed acquisition of fixed broadband operator Triple T Broadband Plc (TTTBB) will drive up AIS's leverage but lower its rating headroom.
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.