{"id":2114,"date":"2024-08-07T08:32:25","date_gmt":"2024-08-07T01:32:25","guid":{"rendered":"https:\/\/thereporter.asia\/eng\/?p=2114"},"modified":"2024-08-07T08:32:25","modified_gmt":"2024-08-07T01:32:25","slug":"ais-2q2024-net-profit-hits-%e0%b8%bf8-6-billion-boosted-by-tourism-boom","status":"publish","type":"post","link":"https:\/\/thereporter.asia\/eng\/2024\/08\/ais-2q2024-net-profit-hits-%e0%b8%bf8-6-billion-boosted-by-tourism-boom\/","title":{"rendered":"AIS 2Q2024 Net Profit Hits \u0e3f8.6 Billion, Boosted by Tourism Boom"},"content":{"rendered":"<p data-sourcepos=\"5:1-5:29\"><strong>Bangkok<\/strong>\u00a0&#8211; AIS, Thailand&#8217;s leading telecommunications provider, announced its Q2 2024 financial results with total revenue of \u0e3f51,332 million and a net profit of \u0e3f8,577 million. The strong growth was attributed to key factors including the recovery of the tourism sector and the expansion of 5G and high-speed home internet services.<\/p>\n<ul>\n<li data-sourcepos=\"5:1-5:29\">&#8211; <a href=\"https:\/\/thereporter.asia\/eng\/2024\/08\/true-corporation-2q2024-profit\/\">True Corporation Posts Q2 2024 Profit of THB 2.4 Billion<\/a><\/li>\n<li data-sourcepos=\"5:1-5:29\">&#8211; <a href=\"https:\/\/thereporter.asia\/eng\/2024\/08\/ais-oracle-first-hyperscale-cloud\/\">AIS and Oracle Join Forces to Launch Thailand\u2019s First Hyperscale Cloud<\/a><\/li>\n<\/ul>\n<p data-sourcepos=\"7:1-7:276\"><strong>Mr. Somchai Lertsutiwong, CEO of AIS<\/strong>, stated, &#8220;The continuous growth in this quarter reflects the success of our strategy focused on providing the best customer experience through a quality network and diverse services that meet the needs of consumers in the digital age.&#8221;<\/p>\n<h3 class=\"\" data-sourcepos=\"9:1-9:55\"><strong>5G Captures Hearts: Over 10 Million Subscribers<\/strong><\/h3>\n<p data-sourcepos=\"11:1-11:189\">A highlight of the quarter was the significant growth in 5G users, currently surpassing 10.6 million, a 36% increase year-on-year. AIS continues to expand its 5G network, now covering over 95% of the population nationwide.<\/p>\n<blockquote>\n<p data-sourcepos=\"13:1-13:222\">&#8220;Continuous investment in digital infrastructure, including the 5G network, home internet, and various digital services, is key to AIS maintaining its market leadership and achieving sustainable growth,&#8221; added Mr. Somchai.<\/p>\n<\/blockquote>\n<h3 class=\"\" data-sourcepos=\"15:1-15:48\"><strong>AIS Fibre Continues to Attract Customers<\/strong><\/h3>\n<p data-sourcepos=\"17:1-17:209\">The high-speed home internet business, <a href=\"https:\/\/www.ais.th\/en\/consumers\/fibre\">AIS Fibre<\/a>, also showed remarkable growth, with 4.9 million subscribers, an increase of 66,900 in this quarter. This reflects the increasing demand for broadband internet.<\/p>\n<p data-sourcepos=\"19:1-19:126\">&#8220;We aim to develop AIS Fibre beyond just a home internet provider but to become a Digital Life Service Provider that caters to every lifestyle of Thai people,&#8221; said Mr. Somchai.<\/p>\n<h3 class=\"\" data-sourcepos=\"21:1-21:57\"><strong>Partners with Oracle to Tap into the Cloud Market<\/strong><\/h3>\n<p data-sourcepos=\"23:1-23:205\">AIS also announced a significant partnership with Oracle, a global leader in cloud technology, to launch AIS Cloud. This will enable businesses in Thailand to access world-class cloud services more easily.<\/p>\n<p data-sourcepos=\"25:1-25:126\">&#8220;This collaboration with Oracle is a crucial step in driving the digital transformation of Thai businesses,&#8221; said Mr.Somchai.<\/p>\n<p data-sourcepos=\"29:1-29:177\">With positive factors such as economic recovery and continuous investment in new technologies, AIS is confident in maintaining strong growth momentum in the second half of 2024.<\/p>\n<p data-sourcepos=\"31:1-31:28\">&#8220;We are committed to further developing digital infrastructure and offering services that meet customer needs to create the best experience for everyone in Thailand,&#8221; concluded Mr. Somchai.<\/p>\n<p data-sourcepos=\"33:1-33:70\"><strong>#AIS #FinancialResults #5G #AISFibre #OracleCloud #TheReporterAsia<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bangkok\u00a0&#8211; AIS, Thailand&#8217;s leading telecommunications provider, announced its Q2 2024 financial results with total revenue of \u0e3f51,332 million and a net profit of \u0e3f8,577 million. The strong growth was attributed to key factors including the recovery of the tourism sector&#8230; <\/p>\n","protected":false},"author":1,"featured_media":2115,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[652,28,1360,1575,826,547,1463],"class_list":["post-2114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecom","tag-5g","tag-ais","tag-business","tag-cloud","tag-home-internet","tag-technology","tag-telecommunications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AIS 2Q2024 Net Profit Hits \u0e3f8.6 Billion, Boosted by Tourism Boom - TheReporterAsia\/eng<\/title>\n<meta name=\"description\" content=\"AIS announced its Q2 2024 financial results with total revenue of \u0e3f51,332 million and a net profit of \u0e3f8,577 million\" \/>\n<meta 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