Thailand's largest mobile operator, AIS, said Monday it expects revenue growth this year to be below its earlier forecast of 3%-4% because of the weakening economy. AIS also said it plans to spend 14 billion Thai baht (386 million US dollars) to 15 billion Thai baht on capital expenditure on its 2G network in 2009 - slightly less than in 2008.
Once it obtains a 3G license, the company plans to spend a further 20 billion Thai baht in each of the next three years rolling out 3G services. source: Dow Jones/Total Telecom.
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