Thailand TelecomCompanies (2024 - 2029)

Thailand Telecom Market Companies Summary

Major telecom firms in Thailand are consistently investing in research and development to foster innovation. These key players are concentrating on the deployment of a 5G network to meet customer needs. The introduction of a high-capacity 5G data network aligns with the Thailand government's action plan to encourage the adoption of 5G technology. Collaborations with various industries, such as manufacturing, airports, ports, oil and gas, and mining, are being undertaken to provide 5G connectivity. Additionally, partnerships with educational institutions are being forged to develop a 5G-ready workforce. However, high installation costs pose a challenge for these companies, necessitating the provision of affordable services to sustain market growth. The COVID-19 pandemic has led to an increase in mobile subscribers and digital channels in Thailand. To cater to this growing demand, companies are developing fiber-based broadband services. The government's improved regulatory guidelines for investment in the fixed broadband segment and the shift from copper-based to fiber-based services are creating new opportunities for the telecom market. Furthermore, the growing number of mobile subscriptions is driving the demand for over-the-top (OTT) services. To meet this demand, companies are enhancing their network capacity to provide high-speed connectivity services. The launch of new streaming services is also creating growth opportunities in the telecom market. The market is moderately fragmented with ongoing partnerships and advancements.