TelecommunicationThailand'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)
APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
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).