At the board meeting today, the National Broadcasting and Telecommunications Commission (NBTC) has approved the merger deal between AIS subsidiary, Advanced Wireless Network (AWN), and Triple T Broadband (3BB), an internet service provider. The board, consisting of four members, has given its consent with one voice, abstained with two voices, and acknowledged with the remaining two voices.
The next step is to establish regulations and oversight measures for the merged entity. It is also mandated that they cannot operate under the same brand for a period of three years. Additionally, they are required to reduce prices by a minimum of 12% and implement measures to ensure consumer welfare after the merger.
As a result of this merger, AIS will have a combined broadband customer base of 4.69 million households, making it the top player in the market. This will surpass True, which currently serves 3.8 million households.
TLDR: The National Broadcasting and Telecommunications Commission has approved the merger between AIS subsidiary AWN and 3BB. The merged entity will have a customer base of 4.69 million households, making AIS the leading broadband provider in the market. Stringent regulations and consumer welfare measures are also imposed.