Advanced Info Service Plc. (AIS) informed the establishment of the new joint venture (JV) namely, Saha Advance Network Co.,Ltd. for the purpose to provide fiber optic network in the industrial park of Sahapat Group. The joint venture was established with the registered capital 300,000 shares at THB 100 per share, in total of THB 30,000,000. The shareholding structure is Advanced Broadband Network Co.,Ltd. (ABN), 70% shareholding with THB 21 million investment value and Saha Pathana Inter-Holding Plc. (SPI), a 30% shareholding with THB 9 million investment value. The JV is intended to develop the fibre optics infrastructure service within the SPI's industrial parks i.e. Si Racha District of Chonburi Province, Kabinburi District of Prachinburi Province, Mueang Lamphun District of Lamphun Province, and Mae Sot District of Tak Province, covering a total land area of 7,255 Rais where approximately 112 factories are located. As demand for telecommunication connectivity is rising within the industrial parks, fibre optics network will serve as fundamental infrastructure to leverage for value added services such as Domestic Data Circuit, Corporate Internet, Cloud and Data Center, as well as the upcoming 5G solutions for factories, contributing to AIS' growth in enterprise business.