• Most Popular
  • Most Shared

Thai AIS in talks with Apple on iPhone launch

BANGKOK
Mon Jan 21, 2008 5:27am EST

Stocks

   

BANGKOK (Reuters) - Apple Inc (AAPL.O) and Thailand's Advanced Info Service (ADVA.BK) (AIS) are in talks about selling the U.S. firm's popular iPhone in Thailand, a senior official of the Thai firm said on Monday.

Technology

"We are negotiating on details, including a revenue sharing standard. Apple needs a local operator to promote iPhone," Prattana Leelapanang, assistant vice president for AIS's wireless business marketing, told Reuters.

He gave no details of when the talks would be completed.

iPhone, which combines Apple's iPod music player, a video player and a Web browser, is now sold in the United States and Europe, and Apple plans to launch it in Asia this year.

Last week, Apple and China Mobile, the world's largest cellular operator, terminated talks to launch iPhone, one of the hottest gadgets to hit U.S. and European stores in 2007.

Apart from China, Apple had also initiated talks with NTT DoCoMo Inc (9437.T) and Softbank Corp (9984.T) to bring its multimedia device to Japan, although sources at both firms said revenue-sharing was a hotly contested issue.

AIS, 21.4 percent owned by Singapore Telecommunications Ltd. (STEL.SI), also signed a contract with state-owned fixed line operator TOT to develop their networks jointly in a bid to cut costs, AIS president Wichian Mektrakarn told reporters.

"This cooperation will bring mutual benefit to the two companies because it should reduce repetitive investment and cut costs," Wichian said.

AIS was seeking regulatory approval to test third-generation (3G) mobile services on its 900 MHz bandwidth and was likely to join TOT in developing 3G services, he said.

AIS has 24.5 million mobile users, about a 50 percent share of the Thai cellular phone market, while TOT has 6.2 million fixed line subscribers.

AIS competes with number two Total Access Communication DTAC.BK (TACC.SI) and True Corp TRUE.BK, which has a majority stake in third-ranked True Move.

AIS shares were down 2.6 percent at 93.50 baht on Monday, when the main index .SETI was down 2.93 percent.

($1 = 33.10 Baht)

(Reporting by Pisit Changplayngam; Writing by Khettiya Jittapong; Editing by Michael Battye)



More from Reuters

Photo

Bernanke: trial reserve drains may launch exit

WASHINGTON (Reuters) - The Federal Reserve could begin pulling back its unprecedented stimulus for the U.S. economy by first removing some cash from the financial system and then raising interest rates, Fed Chairman Ben Bernanke said on Wednesday.

 A protester marches next to a banner during an anti-government rally in Athens February 10, 2010. REUTERS/John Kolesidis
Analysis:

Will IMF step in on Greece?

Europe is loathe to turn to the International Monetary Fund to help bail out Greece but it may have little choice.  Full Article 

A worker drives a Toyota Motor Corp's newly assembled Prius hybrid vehicle onto a trailer near the company's plant in Toyota, central Japan February 9, 2010.REUTERS/Yuriko Nakao
Reuters Breakingviews:

Toyota's troubles in overdrive

The cost of Toyota's recall nightmare is nothing compared to the price of fixing its battered reputation.  Commentary