ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Telecommunication

Thailand's AIS acquires broadband internet provider 3BB

Telcom spends $908m to grab bigger market share ahead of rivals' megamerger

AIS will buy a 99.87% stake in 3BB, a leading broadband internet provider. (Source photos by Yumi Kotani and screenshot from Triple T's website)

BANGKOK -- Thailand's biggest mobile phone operator Advanced Info Service (AIS) will spend a total of 32.4 billion baht ($908 million) to acquire shares of an internet service operator and infrastructure provider to expand its customer base ahead of a huge merger planned by rivals True Corp. and Total Access Communication (DTAC).

AIS will buy a 99.87% stake in internet service provider 3BB for 19.5 billion baht.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more