Advanced Info Service Public Co. Ltd. reported earnings results for the third quarter of 2009. For the quarter, the company's EBITDA margin improved to 46.4%, from 42.5% a year ago.

Advanced Info Service Public Co. Ltd. approved the appointment of Mr. Yeo Eng Choon to be the company's director, replacing Mr. Ng Kwon Kee, who resigned from his position, effective on November 6, 2009 onwards.

Advanced Info Service Public Co. Ltd. announced that it planned to invest THB 50 billion ($1.5 billion) in total in its 2G and future 3G network construction over the next three years. The 10% of the THB 50 billion budget would be spent on its existing 2G network. The company expects the long-awaited auction of 3G licences to take place in the first quarter of 2010. The company reported that its total revenue generated in the third quarter of 2009 plunged to THB 24.97 billion from THB 27.53 billion a year earlier, as a result of the economic slowdown and limited organic growth opportunities in a highly penetrated mobile market. The company also posted a net profit of THB 4.19 billion, down from THB 4.53 billion a year ago.