AIS weighs alternatives for $3bn in tower properties

AIS weighs alternatives for $3bn in tower properties

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Telecom leader may offer stake in tower organization or develop noted facilities fund released : 9 Feb 2023 at 14: 49 Workers carryout upkeep atop an AIS 5G tower. (Photo: AIS) Advanced Info Service Plc, the nation’s mostsignificant telecom group, is thinkingabout alternatives for its tower organization consistingof a stake sale, according to individuals familiar with the matter. The SET-listed business hasactually held talks with capacity advisors for a tactical evaluation of the possessions, the sources stated, asking not to be recognized since the matter is personal. Another alternative under factortoconsider is developing an facilities fund for the possessions that might be noted on the Stock Exchange of Thailand, the individuals stated. The tower service might be valued at inbetween $2 billion to $3 billion in a tr
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