Singtel's Thai unit wins arbitration dispute

Thai state-owned TOT has previously ordered AIS for additional revenue share in roaming service.

Singtel’s Thai associate, GSM mobile operator Advanced Info Service (AIS) has won the ruling over its arbitration dispute with Thai state-owned telecommunications company TOT.

In September 2018, TOT claimed for additional revenue share from roaming service based on the 7th amendment of the main concession agreement over the period of July 2013 to September 2015. The company ordered a total amount of $725m (Baht 16.3b) with a penalty interest rate of 1.25% per month.

The arbitration pronounced that AIS did not breach the agreement.

TOT will be given 90 days to file its revocation. 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Singapore, Sweden deepen clean-energy cooperation
The partnership will focus on hydrogen, ammonia, regional power links and high-voltage transmission technologies.

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.