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Advanced Info Service Public Company Limited (AIS) is Thailand's largest GSM mobile phone operator with 39.87 million customers as of Q3 2016. Founded in April 1986, AIS started off as a computer rental business. In October 1990, it launched analog 900 MHz mobile phone services with a 20-year monopoly concession from the Telephone Organization of Thailand (TOT), and later became the first company allowed to operate on the GSM-900 frequency. It acquired Shinawatra Paging in June 1992. The company is controlled by the Intouch Holdings (formerly Shin Corporation), headed by Temasek Holdings, a Singapore government-owned agency. AIS listed on the Stock Exchange of Thailand on . As of 23 December 2011, Intouch holds 40.45 percent of the shares of the company and Singapore Telecommunications (also majority-held by Temasek) together with Thai Trust Fund and OCBC Nominees holds a 23.32 percent stake. Temasek bought the AIS brand through the 2006 acquisition of the Shin Corporation fro ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ...
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TOT (Thailand)
TOT Public Company Limited () is a Thai state-owned telecommunications company. Originally established in 1954 and corporatized in 2002, TOT used to be known as the Telephone Organization of Thailand and TOT Corporation Public Company Limited. TOT's main line of business is fixed line telephony, although it has several other businesses, including mobile telephony. Since 2021, TOT PCL become National Telecom Public Company Limited after merger with CAT Telecom. Early history The first use of the telephone in Thailand began during the reign of King Rama V in 1881 with a telephone line constructed between Bangkok, and Paknam, in Samut Prakan, a short distance south of Bangkok along the Chao Phraya River. Its purpose was to inform Bangkok of the arrival and departure of ships at Paknam. The Telephone Organization of Thailand was founded by the Thai government on 24 February 1954. A state enterprise under the Ministry of Transport and Communications, it incorporated the Telephone ...
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CIMB
CIMB Group Holdings Berhad () is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region. The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group's dual banking model. The group has around 33,000 employees in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant busi ...
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Payment Service Provider
A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. They will often provide merchant services and act as a payment gateway or payment processor for e-commerce and brick and mortar businesses. They may also offer risk management services for card and bank based payments, transaction payment matching, digital wallets, reporting, fund remittance, currency exchange and fraud protection. The PSP will typically provide software to integrate with e-commerce websites or point of sale systems. Operation PSPs establish technical connections with acquiring banks and card networks, enabling merchants to accept different payment methods without the need to partner with a particular bank. They fully manage payment processing and external network relationships, ma ...
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Payment Processor
A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to various card associations and supply authorization and settlement services to the merchant banks' merchants. Back-end processors accept settlements from front-end processors and, via the Federal Reserve Bank for example, move the money from the issuing bank to the merchant bank. In an operation that will usually take a few seconds, the payment processor will both check the details received by forwarding them to the respective card's issuing bank or card association for verification, and also carry out a series of anti-fraud measures against the transaction. Additional parameters, including the card's country of issue and its previous payment history, a ...
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MPay
Advanced Info Service Public Company Limited (AIS) is Thailand's largest GSM mobile phone operator with 39.87 million customers as of Q3 2016. Founded in April 1986, AIS started off as a computer rental business. In October 1990, it launched analog 900 MHz mobile phone services with a 20-year monopoly concession from the Telephone Organization of Thailand (TOT), and later became the first company allowed to operate on the GSM-900 frequency. It acquired Shinawatra Paging in June 1992. The company is controlled by the Intouch Holdings (formerly Shin Corporation), headed by Temasek Holdings, a Singapore government-owned agency. AIS listed on the Stock Exchange of Thailand on . As of 23 December 2011, Intouch holds 40.45 percent of the shares of the company and Singapore Telecommunications (also majority-held by Temasek) together with Thai Trust Fund and OCBC Nominees holds a 23.32 percent stake. Temasek bought the AIS brand through the 2006 acquisition of the Shin Corporation ...
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Data Communication
Data communication, including data transmission and data reception, is the transfer of data, transmitted and received over a point-to-point or point-to-multipoint communication channel. Examples of such channels are copper wires, optical fibers, wireless communication using radio spectrum, storage media and computer buses. The data are represented as an electromagnetic signal, such as an electrical voltage, radiowave, microwave, or infrared signal. '' Analog transmission'' is a method of conveying voice, data, image, signal or video information using a continuous signal that varies in amplitude, phase, or some other property in proportion to that of a variable. The messages are either represented by a sequence of pulses by means of a line code ('' baseband transmission''), or by a limited set of continuously varying waveforms ('' passband transmission''), using a digital modulation method. The passband modulation and corresponding demodulation is carried out by ...
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People's Democratic Reform Committee
The People's Democratic Reform Committee (PDRC) or People's Committee for Absolute Democracy with the King as Head of State (PCAD) was a reactionary umbrella political pressure group in Thailand. Its aim was to remove the influence of former premier Thaksin Shinawatra from Thai politics by deposing the incumbent Pheu Thai government of Yingluck Shinawatra and creating an unelected "People's Council" to oversee political reforms. The group played a key role in the 2013–14 Thai political crisis and the lead up to the 2014 Thai coup d'état, organising large-scale protests within Bangkok and disrupting voting in the 2014 Thai general election in order to prevent a predicted victory by Pheu Thai. The group was formed on 29 November 2013 by Suthep Thaugsuban, who resigned from his post as Democrat Party secretary-general and MP, and appointed himself as PDRC secretary-general. Although much of the movement's message revolved around anti-politics, the PDRC was a diverse coalit ...
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Sale Of Shin Corporation To Temasek Holdings
The 2006 sale of the Shinawatra family's share of Shin Corporation (ShinCorp) to Temasek Holdings caused great controversy in Thailand. The sale was in response to long-standing criticisms that the Shinawatra family's holdings created a conflict of interest for Thai Prime Minister Thaksin Shinawatra. Criticisms of the sale focused on the insistence by Thaksin and a compliant government that the transaction was exempt from capital gains tax (as per Revenue Department and Stock Exchange of Thailand regulations, later determined by Thai courts not to be legal), the fact that the Thai company was sold to a Singaporean company, and the fact that the Thai law regarding foreign investments in the telecom sector had been amended just prior to the sale (although the amendment had been proposed since 2001). Thaksin's sale also impacted holdings, among other parties, of the Crown Property Bureau that had an investment in Siam Commercial Bank that held ShinCorp stock. The sale of Shin Corp ...
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Singapore Telecommunications
Singapore Telecommunications Limited, trading as Singtel, is a Singaporean telecommunications conglomerate, the country's principal fixed-line operator and one of the four major mobile network operators operating in the country. Overview The company is the largest mobile network operator in Singapore with 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 770 million customers as of 31 March 2022. The company was known as Telecommunications Equipment until 1995. Singtel provides ISP, IPTV ( Singtel TV) and mobile phone networks and fixed line telephony services. Singtel has expanded aggressively outside its home market and owns shares in many regional operators, including full ownership of Australia's second largest telco Optus and 32.15% of Bharti Airtel, the second largest carrier in India. Singtel controls significant market share in Australia and Singapore, with 82% of the fixed-line market, 47% of the mobile market and 4 ...
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Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ...
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