0852 GMT - Thai telecommunications company Advanced Info Service's mobile segment momentum is likely to offset the short-term challenges in its broadband business, Citi analysts say in a note. Tailwinds such as tourism recovery and increased consumption supports the company's average revenue per user, the analysts say. Momentum in the mobile segment is expected to be sustained into 4Q, while the broadband business could see weakness from repair and maintenance of flood-damaged areas in Thailand. Advanced Info could also face margin challenges in 4Q as some costs normalize. The company could deliver near the top-end of its guidance for revenue and Ebitda this year, but growth could face challenges in 2026 on macro softness, the analysts add. Citi maintains its buy rating and THB350.00 target. Shares fall 0.3% to THB309.00. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
December 18, 2025 03:52 ET (08:52 GMT)
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