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Bangkok Post
Bangkok Post
Business

AIS sticking to TTTBB, JASIF deals despite hurdle

Advanced Info Service (AIS) says it remains committed to acquiring fixed broadband provider Triple T Broadband (TTTBB) and investing 19% in Jasmine Broadband Internet Infrastructure Fund (JASIF), even though JASIF shareholders rejected AIS's proposed amendments to optical fibre cable (OFC) rental agreements between TTTBB and JASIF.

The commitment was communicated to the Stock Exchange of Thailand on Tuesday. The transactions are expected to be completed in the first quarter next year.

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