BANGKOK -- Thailand's telecommunications regulator decided on Friday to allow the sale of Triple T Broadband, or 3BB, to Advanced Info Service (AIS), turning the country's broadband market into a virtual duopoly.
The National Broadcasting and Telecommunications Commission (NBTC) cleared the way for AIS to purchase 100% of 3BB, as well as a 19% stake in Jasmine Broadband Internet Infrastructure Fund (JASIF), the owner of 3BB's fiber optic assets.
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