AIS faces owner reshuffle as Intouch to merge with Gulf Energy

AIS faces owner reshuffle as Intouch to merge with Gulf Energy

Thai billionaire Sarath Ratanavadi has reportedly announced plans to merge his power company Gulf Energy Development with its telecoms unit Intouch Holdings, which owns telco Advanced Info Service (AIS), with the resulting combined entity potentially valued at US$20.5 billion.

Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.