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Advanced Info Service PCL (AVIFY.PK)

AVIFY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Thailand's Advanced Info targets 600,000 internet customers this year
Sunday, 19 Feb 2017 10:59pm EST 

Thailand's Advanced Info Service Pcl :Targets 600,000 internet customers this year versus 300,000 last year.  Full Article

Advanced Info Service posts FY net profit 30.67 billion baht
Friday, 3 Feb 2017 05:47am EST 

Advanced Info Service Pcl : Fy net profit 30.67 billion baht versus 39.15 billion baht . FY total revenues 152.15 billion baht versus 155.28 billion baht . Approved change in dividend policy from at least 100% to at least 70% of consolidated net profit, effective from 2017 onwards . In 2017, service revenue (excluding ic) is expected to grow in a range of 4-5% supported by extensive 3g/4g networks . In 2017, EBITDA margin is likely to be in a range of 42-44%. .In 2017, CAPEX of 40-45 billion baht will be spent mainly on 4g network and selective fixed broadband expansion.  Full Article

Advanced Info Service says quarterly net profit 9.60 bln baht
Thursday, 4 Aug 2016 06:04am EDT 

Advanced Info Service PCL : Qtrly net profit 9.60 billion baht versus 9.85 billion baht last year . Qtrly total revenues 36.48 billion baht versus 38.13 billion baht last year . Expect service revenue (excluding ic) growth in 2h16 to improve and result in a full-year FY 2016 growth of slightly better than FY 2015 . Sees 2016 consolidated EBITDA margin is expected in range of 38% to 39% . Sees to maintain 100% dividend payout for 2016 . 2016 capex is expected to remain at bt40bn mainly due to a reallocation of budget from 3G to 4G . Sees 2016 handset sales is expected to decline . Sees 2016 deferred interest on 1800mhz & 900mhz licenses will cost 1.2 billion baht in 2016 . Sees 2016 network d&a is expected to decline 25% due to fully amortized 2g asset . Approved an interim dividend payment at the rate of 5.79 baht per share .  Full Article

Advanced Info Service says AWN officially granted 900Mhz license
Monday, 4 Jul 2016 06:13am EDT 

Advanced Info Service PCL : On 27 may 2016, Advanced Wireless Network Co., Ltd. was auction winner for 900Mhz license at the bid price of 75.65 billion baht . On 30 June 2016 AWN was officially granted license to operate 900Mhz from National Broadcasting And Telecommunications Commission . License will be effective from 1 July 2016 onward . Preliminary budget to roll out 900mhz network is approximately 9 billion baht .  Full Article

Advanced Info service appoints Sunitaya Shinawatra as chief Finance officer
Tuesday, 31 May 2016 06:28am EDT 

Advanced Info Service PCL : Appoints sunitaya shinawatra, senior vice president-Finance, as chief Finance officer, effective from 1 June 2016 onwards .  Full Article

Advanced Info Service PCL updates on result of 900MHz license auction
Friday, 27 May 2016 06:04am EDT 

Advanced Info Service PCL : Says unit participated in the 900mhz license auction . NBTC officially notified that unit awc is the auction winner for 2x 10mhz spectrum bandwidth at the final bid price of baht 75.65 billion .  Full Article

Advanced Info Service PCL says qtrly net profit 8.07 billion BAHT
Monday, 9 May 2016 06:35am EDT 

Advanced Info Service PCL : Qtrly net profit 8.07 billion baht versus 9.90 billion baht last year . Qtrly total revenue 37.25 billion baht versus 40.58 billion baht last year . "Guidance is maintained the same" . "Did not recognize any cost from the partnership with tot in 1q16 until further notified or the contract is signed" . Re-auction of 900mhz is scheduled to be held on 27 may 2016" .  Full Article

Advanced Info Service PCL updates on legal proceedings
Tuesday, 15 Mar 2016 09:05pm EDT 

Advanced Info Service PCL:Central administrative court issued injunction to extend the remedy period for 2g customer of 900mhz until midnight of April 14, 2016.  Full Article

Advanced Info Service PCL updates on result of 900MHz license auction
Sunday, 20 Dec 2015 08:18pm EST 

Advanced Info Service PCL:Following the participation in the 900MHz auction of co's unit Advanced Wireless Network Co Ltd on Dec. 15, 2015 until Dec. 19, 2015, the office of national Broadcasting and Telecommunications Commission says that co's unit was not the winning bidder.Co would like to clarify the decision to stop bidding after the price reached near 76 bln thai baht or over the 470 pct of the starting bid price.Says price would not yield accretive value to co and shareholders.  Full Article

Advanced Info Service PCL updates on acquisition of 1800MHz license
Thursday, 3 Dec 2015 12:40am EST 

Advanced Info Service PCL:Says co's unit Advanced Wireless Network Co Ltd is officially granted the license to operate 1800MHz from office of NBTC.Preliminary budget for AWN to roll out 1800MHz network under 4G technology is about 14,520 mln thai baht.Reffernce made that AWN is auction winner of 1800MHz license at bid price of 40,986 mln thai baht.  Full Article

More From Around the Web

Fitch Affirms AIS at 'BBB+'/'AA+(tha)', AWN at 'AA+(tha)'

(The following statement was released by the rating agency) BANGKOK/SYDNEY/SINGAPORE, October 21 (Fitch) Fitch Ratings has affirmed Thailand-based telecommunications company Advanced Info Service Public Company Limited's (AIS) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB+' with Stable Outlook. The agency has also affirmed its National Long-Term Rating at 'AA+(tha)' with Stable Outlook and National Short-Term Rating at 'F1+(tha)'. At the same time, Fitch affirm