AIS faces owner reshuffle as Intouch to merge with Gulf Energy

AIS faces owner reshuffle as Intouch to merge with Gulf Energy

Thai billionaire Sarath Ratanavadi has reportedly announced plans to merge his power company Gulf Energy Development with its telecoms unit Intouch Holdings, which owns telco Advanced Info Service (AIS), with the resulting combined entity potentially valued at US$20.5 billion.

Mobile networks key to unlocking AI growth in Africa, says GSMA

Mobile networks key to unlocking AI growth in Africa, says GSMA

Artificial intelligence apps have the potential to boost the African continent’s economic growth by close to US$3 trillion over the next six years – and mobile operators will be key to unlocking that, says the GSMA, the world’s biggest mobile operator association.