AIS revenue growth for 2021 up 4.9%, profit slips

SET-listed Advanced Info Service (AIS), the country’s largest mobile operator by subscriber base, registered year-on-year revenue growth of 4.9% to 181 billion baht in 2021, buoyed by core service revenue improvement and a rise in handset sales.

The company booked net profit of 26.9 billion baht in 2021, a slight decline of 1.9% year-on-year.

AIS saw core service revenue, including mobile, fixed broadband and other services, improve 1.1% year-on-year to 131 billion baht.

The company registered 117 billion baht in mobile business revenue, a slight drop of 0.7% year-on-year, weighed down by economic conditions and weak consumer spending during the latest wave of the pandemic.

AIS managed to gain 2.68 million users in 2021. The total subscriber base reached 44.1 million, including 2.2 million 5G subscribers.

The company booked robust growth of 21% in home broadband…