{"id":1371,"date":"2023-10-30T21:39:22","date_gmt":"2023-10-30T14:39:22","guid":{"rendered":"https:\/\/bizuget.com\/en\/?p=1371"},"modified":"2023-10-30T21:39:22","modified_gmt":"2023-10-30T14:39:22","slug":"ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy","status":"publish","type":"post","link":"https:\/\/bizuget.com\/en\/marketing\/digital-technology-energy\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\/","title":{"rendered":"AIS achieves outstanding performance in 3Q23 with robust growth in Mobile, Fixed Broadband, and Enterprise Business. The 9M23 revenue recorded Bt 137,555 mn, growing 0.6% YoY"},"content":{"rendered":"<p class=\"s8\"><span class=\"s4\">\u00a0 \u00a0 \u00a0AIS<\/span><span class=\"s4\"> disclosed its operating <\/span><span class=\"s4\">performance<\/span> <span class=\"s4\">for the first nine months of 2023,<\/span><span class=\"s4\"> r<\/span><span class=\"s4\">ecording a total<\/span><span class=\"s4\"> revenues of <\/span><span class=\"s4\">Bt<\/span> <span class=\"s4\">137,555<\/span><span class=\"s4\">mn,<\/span><span class=\"s4\"> g<\/span><span class=\"s4\">rowing <\/span><span class=\"s4\">0.6<\/span><span class=\"s4\">%<\/span><span class=\"s4\">YoY<\/span><span class=\"s4\"> and net profit of Bt <\/span><span class=\"s4\">22,084<\/span> <span class=\"s4\">mn, g<\/span><span class=\"s4\">rowing <\/span><span class=\"s4\">18<\/span><span class=\"s4\">%<\/span> <span class=\"s4\">YoY <\/span><span class=\"s4\">showcasing <\/span><span class=\"s4\">a <\/span><span class=\"s4\">robust growth across <\/span><span class=\"s4\">all <\/span><span class=\"s4\">business segments<\/span><span class=\"s4\">,<\/span> <span class=\"s4\">and<\/span><span class=\"s4\"> with 5G subscri<\/span><span class=\"s4\">bers <\/span><span class=\"s4\">at<\/span> <span class=\"s4\">8.5 Million<\/span><span class=\"s4\"> or<\/span><span class=\"s4\">54% <\/span><span class=\"s4\">YoY g<\/span><span class=\"s4\">rowt<\/span><span class=\"s4\">h.<\/span> <span class=\"s4\">AIS Fibre <\/span><span class=\"s4\">continue<\/span><span class=\"s4\">d<\/span> <span class=\"s4\">its growth<\/span> <span class=\"s4\">with <\/span><span class=\"s4\">excellen<\/span><span class=\"s4\">t result, <\/span><span class=\"s4\">clocking the <\/span><span class=\"s4\">subscriber<\/span><span class=\"s4\">s<\/span> <span class=\"s4\">o<\/span><span class=\"s4\">ver 2.38 <\/span><span class=\"s4\">million<\/span> <span class=\"s4\">households<\/span><span class=\"s4\">.<\/span> <span class=\"s4\">Enterprise <\/span><span class=\"s4\">b<\/span><span class=\"s4\">usiness <\/span><span class=\"s4\">d<\/span><span class=\"s4\">riving <\/span><span class=\"s4\">r<\/span><span class=\"s4\">obust <\/span><span class=\"s4\">g<\/span><span class=\"s4\">rowth of <\/span><span class=\"s4\">14<\/span><span class=\"s4\">%<\/span><span class=\"s4\"> from <\/span><span class=\"s4\">delivering <\/span><span class=\"s4\">innovative<\/span> <span class=\"s4\">ICT, Cloud and Data Center <\/span><span class=\"s4\">solutions <\/span><span class=\"s4\">matching enterprises and SMEs\u2019 needs<\/span><span class=\"s4\">.<\/span> <span class=\"s4\">AIS<\/span><span class=\"s4\">maintains<\/span> <span class=\"s4\">the<\/span><span class=\"s4\">intention<\/span><span class=\"s4\"> to <\/span><span class=\"s4\">i<\/span><span class=\"s4\">nvest <\/span><span class=\"s4\">to strengthen <\/span><span class=\"s4\">the <\/span><span class=\"s4\">n<\/span><span class=\"s4\">etwork<\/span> <span class=\"s4\">i<\/span><span class=\"s4\">nfrastructure <\/span><span class=\"s4\">with annual planned CAPEX of Bt 27 \u2013 30 bn<\/span><span class=\"s4\"> to <\/span><span class=\"s4\">e<\/span><span class=\"s4\">levate <\/span><span class=\"s4\">d<\/span><span class=\"s4\">igital <\/span><span class=\"s4\">e<\/span><span class=\"s4\">xperiences <\/span><span class=\"s4\">for Thais <\/span><span class=\"s4\">and <\/span><span class=\"s4\">a<\/span><span class=\"s4\">chieve<\/span><span class=\"s4\"> the vision <\/span><span class=\"s4\">of<\/span> <span class=\"s4\">Cognitive Tech-Co.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-2165\" src=\"https:\/\/www.secretit.com\/wp-content\/uploads\/2023\/10\/02C6B935-58DA-459A-9B31-58C583C25B00-scaled-e1698674926550.jpeg\" alt=\"\" width=\"450\" height=\"300\" \/><\/p>\n<p class=\"s8\"><span class=\"s5\">\u00a0 \u00a0 \u00a0 <strong>Somchai Lertsutiwong, CEO of Advanced Info Services Plc. (AIS)\u00a0<\/strong><\/span><span class=\"s4\">remarked<\/span><span class=\"s4\"> \u201c<\/span><span class=\"s4\">We are <\/span><span class=\"s4\">adapting in<\/span><span class=\"s4\"> the <\/span><span class=\"s4\">midst of a difficult <\/span><span class=\"s4\">local <\/span><span class=\"s4\">economy<\/span> <span class=\"s4\">which <\/span><span class=\"s4\">has a slower than expected growth <\/span><span class=\"s4\">and being affected <\/span><span class=\"s4\">by <\/span><span class=\"s4\">fluctuated global economy <\/span><span class=\"s4\">created by<\/span> <span class=\"s4\">g<\/span><span class=\"s4\">eopolitical tension<\/span><span class=\"s4\">s<\/span><span class=\"s4\"> and <\/span><span class=\"s4\">soften<\/span><span class=\"s4\">ed<\/span> <span class=\"s4\">China<\/span> <span class=\"s4\">economy <\/span><span class=\"s4\">impacting lower than expected<\/span><span class=\"s4\"> Chinese tourist arrival to <\/span><span class=\"s4\">Thailand<\/span><span class=\"s4\">. T<\/span><span class=\"s4\">hroughout the previous nine months, we have consistently evolved our strategies for success<\/span><span class=\"s4\">. <\/span><span class=\"s4\">It is o<\/span><span class=\"s4\">ur priorities to develop digital infrastructure and intelligen<\/span><span class=\"s4\">t<\/span><span class=\"s4\"> network<\/span> <span class=\"s4\">to <\/span><span class=\"s4\">provide real-time, personaliz<\/span><span class=\"s4\">ed <\/span><span class=\"s4\">services to the<\/span><span class=\"s4\">customer<\/span><span class=\"s4\">s<\/span><span class=\"s4\">. Because of this, AIS has grown <\/span><span class=\"s4\">satisfactory<\/span><span class=\"s4\"> across all business areas <\/span><span class=\"s4\">comparing<\/span><span class=\"s4\"> to the pr<\/span><span class=\"s4\">evious<\/span><span class=\"s4\"> year.<\/span><span class=\"s4\">\u201d<\/span><\/p>\n<p class=\"s8\"><span class=\"s9\">\u00a0 \u00a0 \u00a0For the 3<\/span><span class=\"s10\">rd<\/span><span class=\"s9\"> quarter<\/span><span class=\"s9\"> of 2023,<\/span> <span class=\"s9\">AIS recorded a total revenue of Bt <\/span><span class=\"s4\">46,069<\/span><span class=\"s9\">mn, <\/span><span class=\"s9\">declined<\/span> <span class=\"s9\">0.4<\/span><span class=\"s9\">% YoY, <\/span><span class=\"s9\">but growing<\/span> <span class=\"s9\">2.9<\/span><span class=\"s9\">% <\/span><span class=\"s9\">QoQ<\/span><span class=\"s9\">. The<\/span> <span class=\"s9\">net profit <\/span><span class=\"s9\">achieved<\/span> <span class=\"s9\">Bt<\/span><span class=\"s4\">8,146<\/span> <span class=\"s9\">mn,<\/span> <span class=\"s9\">a <\/span><span class=\"s9\">r<\/span><span class=\"s9\">obust <\/span><span class=\"s9\">grow<\/span><span class=\"s9\">th<\/span><span class=\"s9\"> at<\/span> <span class=\"s4\">35<\/span><span class=\"s4\">%<\/span><span class=\"s9\"> YoY, and <\/span><span class=\"s4\">13<\/span><span class=\"s4\">%<\/span> <span class=\"s9\">QoQ<\/span><span class=\"s9\">. <\/span><span class=\"s9\">EBITDA was<\/span> <span class=\"s9\">at Bt <\/span><span class=\"s4\">23,674<\/span> <span class=\"s9\">mn, growing <\/span><span class=\"s4\">7.2<\/span><span class=\"s4\">%<\/span><span class=\"s9\"> YoY<\/span><span class=\"s9\">. <\/span><span class=\"s9\">The<\/span><span class=\"s9\">\u00a0<\/span><span class=\"s9\">f<\/span><span class=\"s9\">irst <\/span><span class=\"s9\">n<\/span><span class=\"s9\">ine <\/span><span class=\"s9\">m<\/span><span class=\"s9\">onths<\/span> <span class=\"s9\">provided an excellent result with<\/span> <span class=\"s9\">a total revenue of Bt <\/span><span class=\"s4\">137,555<\/span> <span class=\"s9\">mn, growing <\/span><span class=\"s4\">0.6<\/span><span class=\"s4\">%<\/span> <span class=\"s9\">YoY, and <\/span><span class=\"s9\">a<\/span><span class=\"s9\"> net profit of Bt<\/span> <span class=\"s4\">22,084<\/span> <span class=\"s9\">mn,<\/span> <span class=\"s9\">growing<\/span> <span class=\"s9\">18<\/span><span class=\"s9\">% YoY<\/span><span class=\"s9\">. T<\/span><span class=\"s9\">he operating results by business segment are as follows<\/span><span class=\"s9\">:<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2164\" src=\"https:\/\/www.secretit.com\/wp-content\/uploads\/2023\/10\/115B2ACC-BA6B-4D6E-90DC-AA6265A30DC8-scaled-e1698674884853.jpeg\" alt=\"\" width=\"450\" height=\"161\" \/><\/p>\n<div class=\"s12\"><span class=\"s11\">\u00a0 \u00a0 \u00a0 \u2022 <\/span><span class=\"s4\">Mobile<\/span><span class=\"s4\"> service<\/span> <span class=\"s4\">r<\/span><span class=\"s4\">evenues increased by <\/span><span class=\"s4\">0.7<\/span><span class=\"s4\">%<\/span> <span class=\"s4\">YoY<\/span><span class=\"s4\">, with 5G subscribers exceeding 8.5 million, representing a remarkable 54% growth<\/span><span class=\"s4\"> YoY<\/span><span class=\"s4\">. <\/span><span class=\"s4\">AIS 5G network maintains its No 1 <\/span><span class=\"s4\">status <\/span><span class=\"s4\">as the <\/span><span class=\"s4\">fastest and most reliable <\/span><span class=\"s4\">network <\/span><span class=\"s4\">in Thailand according to Ookla\u00ae<\/span><span class=\"s4\">, a global internet speed testing service.<\/span><\/div>\n<div class=\"s12\"><span class=\"s11\">\u00a0 \u00a0 \u00a0 \u2022 <\/span><span class=\"s4\">Fixed <\/span><span class=\"s4\">b<\/span><span class=\"s4\">roadband <\/span><span class=\"s4\">d<\/span><span class=\"s4\">emonstrate<\/span><span class=\"s4\">d<\/span> <span class=\"s4\">a<\/span> <span class=\"s4\">s<\/span><span class=\"s4\">trong <\/span><span class=\"s4\">r<\/span><span class=\"s4\">evenue <\/span><span class=\"s4\">g<\/span><span class=\"s4\">rowth of <\/span><span class=\"s4\">19<\/span><span class=\"s4\">% <\/span><span class=\"s4\">YoY <\/span><span class=\"s4\">and <\/span><span class=\"s4\">c<\/span><span class=\"s4\">onsistent <\/span><span class=\"s4\">e<\/span><span class=\"s4\">xpansion<\/span><span class=\"s4\"> of <\/span><span class=\"s4\">5.8<\/span><span class=\"s4\">% <\/span><span class=\"s4\">QoQ<\/span><span class=\"s4\">. AIS Fibre&#8217;s <\/span><span class=\"s4\">d<\/span><span class=\"s4\">istinctive <\/span><span class=\"s4\">q<\/span><span class=\"s4\">uality <\/span><span class=\"s4\">in <\/span><span class=\"s4\">n<\/span><span class=\"s4\">etwork <\/span><span class=\"s4\">i<\/span><span class=\"s4\">nfrastructure and <\/span><span class=\"s4\">e<\/span><span class=\"s4\">nhanced <\/span><span class=\"s4\">s<\/span><span class=\"s4\">ervice <\/span><span class=\"s4\">d<\/span><span class=\"s4\">elivery designed to cater to various lifestyles under the &#8216;Digital Experience for Thais&#8217;, <\/span><span class=\"s4\">broadened the <\/span><span class=\"s4\">broadband subscribers by <\/span><span class=\"s4\">52,000<\/span> <span class=\"s4\">from the previous quarter, giving a total customer base of <\/span><span class=\"s4\">2.38 <\/span><span class=\"s4\">million.<\/span><\/div>\n<div class=\"s12\"><span class=\"s11\">\u00a0 \u00a0 \u00a0 \u2022 <\/span><span class=\"s13\">Enterprise and other business<\/span> <span class=\"s9\">grew <\/span><span class=\"s9\">20<\/span><span class=\"s9\">% <\/span><span class=\"s9\">YoY and <\/span><span class=\"s9\">14<\/span><span class=\"s9\">%<\/span><span class=\"s9\"> QoQ. <\/span><span class=\"s4\">AIS&#8217;s commitment to a robust digital infrastructure<\/span> <span class=\"s4\">for mutual growth <\/span><span class=\"s4\">while providing<\/span><span class=\"s4\"> digital solutions and services such as ICT<\/span><span class=\"s4\">,<\/span><span class=\"s4\"> Cloud<\/span><span class=\"s4\">,<\/span><span class=\"s4\"> and Data Center has successfully connected <\/span><span class=\"s4\">customers<\/span> <span class=\"s4\">in<\/span><span class=\"s4\"> key industries <\/span><span class=\"s4\">with solutions <\/span><span class=\"s4\">including Smart Manufacturing, Smart Property &amp; Retail, and Smart Transportation &amp; Logistics.<\/span><\/div>\n<div><\/div>\n<div class=\"s12\"><span class=\"s4\">&#8220;<\/span><em><strong> <span class=\"s4\">As we <\/span><span class=\"s4\">are<\/span> <span class=\"s4\">a Cognitive Tech-Co, we<\/span><span class=\"s4\">continuously<\/span><span class=\"s4\"> invest<\/span><span class=\"s4\"> this year with a budget of Bt 27\u201330 bn. <\/span><span class=\"s4\">W<\/span><span class=\"s4\">e<\/span><span class=\"s4\"> aim to <\/span><span class=\"s4\">enhance<\/span> <span class=\"s4\">our <\/span><span class=\"s4\">standards for the intelligen<\/span><span class=\"s4\">t<\/span><span class=\"s4\"> network by encouraging sustainable growth <\/span><span class=\"s4\">in<\/span><span class=\"s4\"> business operations to be a market leader and a role model for the telecom industry<\/span> <span class=\"s4\">to provide<\/span> <span class=\"s4\">the <\/span><span class=\"s4\">consumers <\/span><span class=\"s4\">with <\/span><span class=\"s4\">the greatest possible digital experience. <\/span><span class=\"s4\">We believe these are<\/span> <span class=\"s4\">crucial part<\/span><span class=\"s4\">s<\/span> <span class=\"s4\">to<\/span><span class=\"s4\"> enable a robust <\/span><span class=\"s4\">Thai <\/span><span class=\"s4\">digital economy.<\/span><\/strong><\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0AIS disclosed its operating performance for the first nine months of 2023, recording a total revenues of Bt 137,555mn, growing 0.6%YoY and net profit of Bt 22,084 mn, growing 18% YoY showcasing a robust growth across all business segments, and with 5G subscribers at 8.5 Million or54% YoY growth. AIS Fibre continued its growth with excellent result, clocking the subscribers over 2.38 million households. Enterprise business driving robust growth of 14% from delivering innovative ICT, Cloud and Data Center solutions matching enterprises and SMEs\u2019 needs. AISmaintains theintention to invest to strengthen the network infrastructure with annual planned CAPEX of Bt 27 \u2013 30 bn to elevate digital experiences for Thais and achieve the vision of Cognitive Tech-Co. \u00a0 \u00a0 \u00a0 Somchai Lertsutiwong, CEO of Advanced Info Services Plc. (AIS)\u00a0remarked \u201cWe are adapting in the midst of a difficult local economy which has a slower than expected growth and being affected by fluctuated global economy created by geopolitical tensions and softened China economy impacting lower than expected Chinese tourist arrival to Thailand. Throughout the previous nine months, we have consistently evolved our strategies for success. It is our priorities to develop digital infrastructure and intelligent network to provide real-time, personalized services to thecustomers. Because of this, AIS has grown satisfactory across all business areas comparing to the previous year.\u201d \u00a0 \u00a0 \u00a0For the 3rd quarter of 2023, AIS recorded a total revenue of Bt 46,069mn, declined 0.4% YoY, but growing 2.9% QoQ. The net profit achieved Bt8,146 mn, a robust growth at 35% YoY, and 13% QoQ. EBITDA was at Bt 23,674 mn, growing 7.2% YoY. The\u00a0first nine months provided an excellent result with a total revenue of Bt 137,555 mn, growing 0.6% YoY, and a net profit of Bt 22,084 mn, growing 18% YoY. The operating results by business segment are as follows: \u00a0 \u00a0 \u00a0 \u2022 Mobile service revenues increased by 0.7% YoY, with 5G subscribers exceeding 8.5 million, representing a remarkable 54% growth YoY. AIS 5G network maintains its No 1 status as the fastest and most reliable network in Thailand according to Ookla\u00ae, a global internet speed testing service. \u00a0 \u00a0 \u00a0 \u2022 Fixed broadband demonstrated a strong revenue growth of 19% YoY and consistent expansion of 5.8% QoQ. AIS Fibre&#8217;s distinctive quality in network infrastructure and enhanced service delivery designed to cater to various lifestyles under the &#8216;Digital Experience for Thais&#8217;, broadened the broadband subscribers by 52,000 from the previous quarter, giving a total customer base of 2.38 million. \u00a0 \u00a0 \u00a0 \u2022 Enterprise and other business grew 20% YoY and 14% QoQ. AIS&#8217;s commitment to a robust digital infrastructure for mutual growth while providing digital solutions and services such as ICT, Cloud, and Data Center has successfully connected customers in key industries with solutions including Smart Manufacturing, Smart Property &amp; Retail, and Smart Transportation &amp; Logistics. &#8220; As we are a Cognitive Tech-Co, wecontinuously invest this year with a budget of Bt 27\u201330 bn. We aim to enhance our standards for the intelligent network by encouraging sustainable growth in business operations to be a market leader and a role model for the telecom industry to provide the consumers with the greatest possible digital experience. We believe these are crucial parts to enable a robust Thai digital economy.<\/p>\n","protected":false},"author":1,"featured_media":1373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-technology-energy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.1 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AIS achieves outstanding performance in 3Q23 with robust growth in Mobile, Fixed Broadband, and Enterprise Business. The 9M23 revenue recorded Bt 137,555 mn, growing 0.6% YoY - Bizuget.com l EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bizuget.com\/en\/marketing\/digital-technology-energy\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIS achieves outstanding performance in 3Q23 with robust growth in Mobile, Fixed Broadband, and Enterprise Business. The 9M23 revenue recorded Bt 137,555 mn, growing 0.6% YoY\" \/>\n<meta property=\"og:description\" content=\"\u00a0 \u00a0 \u00a0AIS disclosed its operating performance for the first nine months of 2023, recording a total revenues of Bt 137,555mn, growing 0.6%YoY and net profit of Bt 22,084 mn, growing 18% YoY showcasing a robust growth across all business segments, and with 5G subscribers at 8.5 Million or54% YoY growth. AIS Fibre continued its growth with excellent result, clocking the subscribers over 2.38 million households. Enterprise business driving robust growth of 14% from delivering innovative ICT, Cloud and Data Center solutions matching enterprises and SMEs\u2019 needs. AISmaintains theintention to invest to strengthen the network infrastructure with annual planned CAPEX of Bt 27 \u2013 30 bn to elevate digital experiences for Thais and achieve the vision of Cognitive Tech-Co. \u00a0 \u00a0 \u00a0 Somchai Lertsutiwong, CEO of Advanced Info Services Plc. (AIS)\u00a0remarked \u201cWe are adapting in the midst of a difficult local economy which has a slower than expected growth and being affected by fluctuated global economy created by geopolitical tensions and softened China economy impacting lower than expected Chinese tourist arrival to Thailand. Throughout the previous nine months, we have consistently evolved our strategies for success. It is our priorities to develop digital infrastructure and intelligent network to provide real-time, personalized services to thecustomers. Because of this, AIS has grown satisfactory across all business areas comparing to the previous year.\u201d \u00a0 \u00a0 \u00a0For the 3rd quarter of 2023, AIS recorded a total revenue of Bt 46,069mn, declined 0.4% YoY, but growing 2.9% QoQ. The net profit achieved Bt8,146 mn, a robust growth at 35% YoY, and 13% QoQ. EBITDA was at Bt 23,674 mn, growing 7.2% YoY. The\u00a0first nine months provided an excellent result with a total revenue of Bt 137,555 mn, growing 0.6% YoY, and a net profit of Bt 22,084 mn, growing 18% YoY. The operating results by business segment are as follows: \u00a0 \u00a0 \u00a0 \u2022 Mobile service revenues increased by 0.7% YoY, with 5G subscribers exceeding 8.5 million, representing a remarkable 54% growth YoY. AIS 5G network maintains its No 1 status as the fastest and most reliable network in Thailand according to Ookla\u00ae, a global internet speed testing service. \u00a0 \u00a0 \u00a0 \u2022 Fixed broadband demonstrated a strong revenue growth of 19% YoY and consistent expansion of 5.8% QoQ. AIS Fibre&#8217;s distinctive quality in network infrastructure and enhanced service delivery designed to cater to various lifestyles under the &#8216;Digital Experience for Thais&#8217;, broadened the broadband subscribers by 52,000 from the previous quarter, giving a total customer base of 2.38 million. \u00a0 \u00a0 \u00a0 \u2022 Enterprise and other business grew 20% YoY and 14% QoQ. AIS&#8217;s commitment to a robust digital infrastructure for mutual growth while providing digital solutions and services such as ICT, Cloud, and Data Center has successfully connected customers in key industries with solutions including Smart Manufacturing, Smart Property &amp; Retail, and Smart Transportation &amp; Logistics. &#8220; As we are a Cognitive Tech-Co, wecontinuously invest this year with a budget of Bt 27\u201330 bn. We aim to enhance our standards for the intelligent network by encouraging sustainable growth in business operations to be a market leader and a role model for the telecom industry to provide the consumers with the greatest possible digital experience. We believe these are crucial parts to enable a robust Thai digital economy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bizuget.com\/en\/marketing\/digital-technology-energy\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\/\" \/>\n<meta property=\"og:site_name\" content=\"Bizuget.com l EN\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-30T14:39:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bizuget.com\/en\/wp-content\/uploads\/2023\/10\/CB9F6ABC-2B05-403C-859D-632DABCBD965-scaled-e1698676744399.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"174\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bizuget.com\\\/en\\\/marketing\\\/digital-technology-energy\\\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bizuget.com\\\/en\\\/marketing\\\/digital-technology-energy\\\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/bizuget.com\\\/en\\\/#\\\/schema\\\/person\\\/fb06f3285f23e5ba62448a4743745f2d\"},\"headline\":\"AIS achieves outstanding performance in 3Q23 with robust growth in Mobile, Fixed Broadband, and Enterprise Business. 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The 9M23 revenue recorded Bt 137,555 mn, growing 0.6% YoY - Bizuget.com l EN","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bizuget.com\/en\/marketing\/digital-technology-energy\/ais-achieves-outstanding-performance-in-3q23-with-robust-growth-in-mobile-fixed-broadband-and-enterprise-business-the-9m23-revenue-recorded-bt-137555-mn-growing-0-6-yoy\/","og_locale":"en_US","og_type":"article","og_title":"AIS achieves outstanding performance in 3Q23 with robust growth in Mobile, Fixed Broadband, and Enterprise Business. The 9M23 revenue recorded Bt 137,555 mn, growing 0.6% YoY","og_description":"\u00a0 \u00a0 \u00a0AIS disclosed its operating performance for the first nine months of 2023, recording a total revenues of Bt 137,555mn, growing 0.6%YoY and net profit of Bt 22,084 mn, growing 18% YoY showcasing a robust growth across all business segments, and with 5G subscribers at 8.5 Million or54% YoY growth. AIS Fibre continued its growth with excellent result, clocking the subscribers over 2.38 million households. Enterprise business driving robust growth of 14% from delivering innovative ICT, Cloud and Data Center solutions matching enterprises and SMEs\u2019 needs. AISmaintains theintention to invest to strengthen the network infrastructure with annual planned CAPEX of Bt 27 \u2013 30 bn to elevate digital experiences for Thais and achieve the vision of Cognitive Tech-Co. \u00a0 \u00a0 \u00a0 Somchai Lertsutiwong, CEO of Advanced Info Services Plc. (AIS)\u00a0remarked \u201cWe are adapting in the midst of a difficult local economy which has a slower than expected growth and being affected by fluctuated global economy created by geopolitical tensions and softened China economy impacting lower than expected Chinese tourist arrival to Thailand. Throughout the previous nine months, we have consistently evolved our strategies for success. It is our priorities to develop digital infrastructure and intelligent network to provide real-time, personalized services to thecustomers. Because of this, AIS has grown satisfactory across all business areas comparing to the previous year.\u201d \u00a0 \u00a0 \u00a0For the 3rd quarter of 2023, AIS recorded a total revenue of Bt 46,069mn, declined 0.4% YoY, but growing 2.9% QoQ. The net profit achieved Bt8,146 mn, a robust growth at 35% YoY, and 13% QoQ. EBITDA was at Bt 23,674 mn, growing 7.2% YoY. The\u00a0first nine months provided an excellent result with a total revenue of Bt 137,555 mn, growing 0.6% YoY, and a net profit of Bt 22,084 mn, growing 18% YoY. The operating results by business segment are as follows: \u00a0 \u00a0 \u00a0 \u2022 Mobile service revenues increased by 0.7% YoY, with 5G subscribers exceeding 8.5 million, representing a remarkable 54% growth YoY. AIS 5G network maintains its No 1 status as the fastest and most reliable network in Thailand according to Ookla\u00ae, a global internet speed testing service. \u00a0 \u00a0 \u00a0 \u2022 Fixed broadband demonstrated a strong revenue growth of 19% YoY and consistent expansion of 5.8% QoQ. AIS Fibre&#8217;s distinctive quality in network infrastructure and enhanced service delivery designed to cater to various lifestyles under the &#8216;Digital Experience for Thais&#8217;, broadened the broadband subscribers by 52,000 from the previous quarter, giving a total customer base of 2.38 million. \u00a0 \u00a0 \u00a0 \u2022 Enterprise and other business grew 20% YoY and 14% QoQ. AIS&#8217;s commitment to a robust digital infrastructure for mutual growth while providing digital solutions and services such as ICT, Cloud, and Data Center has successfully connected customers in key industries with solutions including Smart Manufacturing, Smart Property &amp; Retail, and Smart Transportation &amp; Logistics. &#8220; As we are a Cognitive Tech-Co, wecontinuously invest this year with a budget of Bt 27\u201330 bn. We aim to enhance our standards for the intelligent network by encouraging sustainable growth in business operations to be a market leader and a role model for the telecom industry to provide the consumers with the greatest possible digital experience. 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