About AIT

Subsidiary and Association

Loxley and AIT Holding Co., Ltd. (LAH)

LAH was established on 8th November, 2012, by the joint venture between Advanced Information Technology Public Company Limited or “AIT” and Loxley Wireless Public Company Limited with the registration capital of 200 million baht and the shareholding proportion of 50% each. The objectives were to invest in the business of information technology and telecommunication as well as the energy in the ASEAN Economic Community countries. LAH invested in the project of the “MYTHIC” Submarine Fibre Optic Cable Project in the Republic of the Union of the Myanmar (Burma). The investment of project cost around 2,000 million baht by holding the initial shares in the proportion of 34% in Campana Co., Ltd. who was the licensee for the project operation in the period of 15 years. Such project will be the planation of Submarine Fibre Optic Cable Project from Rangoon, Myanmar, to enter Thailand in Satun Province further towards Penang, Malaysia. It is expected to be available for servicing in 2017 in order to serve the rapidly growing demand in communication among Myanmar, Thailand, Malaysia, and other countries worldwide.