Click to download Tribute to His Majesty PDF

Live Phuket The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Business News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

CP All open to talks to resolve AIS fee dispute

BANGKOK: CP All Plc, the operator of 7-Eleven convenience stores, says it remains open to negotiations with Advanced Info Service (AIS) on unsettled commissions for its mobile top-up service even as the ban on the service at its stores, imposed last month, remains in place.

politics, technology,


Bangkok Post

Thursday 3 November 2016, 09:08AM


The dispute has hurt both 7-Eleven and AIS as the convenience store operator is facing a potential annual revenue loss of B1-1.2 billion from the mobile leader. Photo: via Facebook
The dispute has hurt both 7-Eleven and AIS as the convenience store operator is facing a potential annual revenue loss of B1-1.2 billion from the mobile leader. Photo: via Facebook

Suphachai Chearavanont, president of True Corporation and vice-chairman of Charoen Pokphand Group (CP), said there is no permanent ban on AIS’s top-up service for prepaid cards as far as he knows.

“The ban stems from a normal unsettled commission deal and has nothing to do with any specific conflict between AIS and True Corp,” he said.

AIS and 7-Eleven have been doing business together for 16 years.

“Personally, I think once both companies come to an agreement, they might return to their normal business partnership.”

However, he declined to elaborate on future negotiations.

Mr Suphachai, who is also chief executive of third-ranked TrueMove, the mobile subsidiary of True Corp, insisted 7-Eleven does not grant any privileges to TrueMove regarding the mobile top-up service despite the company being an affiliate of CP.

TrueMove currently pays the highest commission to 7-Eleven at 7 per cent, compared with 5% for AIS and 6% for Total Access Communication.

If AIS customers top up B100, the convenience store operator earns a commission of five baht. 7-Eleven wants to raise the commission for AIS’s top-up service to 7%.

Unit - 27

“I guarantee that TrueMove was not the party behind the ban because both companies [TrueMove and 7-Eleven] have separate management and operations,” Mr Suphachai said.

The service ban by 7-Eleven has sparked criticism from consumers as it has caused considerable inconvenience.

The dispute has hurt both 7-Eleven and AIS as the convenience store operator is facing a potential annual revenue loss of B1-1.2 billion from the mobile leader.

AIS is also bearing the brunt of the tussle as 7-Eleven is the most recognisable convenience retailer in Thailand due to its vast network of franchises.

In addition, many people prefer to refill their cards via the convenience store’s counter service as they are not familiar with top-up machines.

As of June 2016, AIS had 33.5 million prepaid customers out of a total 39.4 million subscribers.

Titipong Khiewpaisal, senior vice-president for marketing at AIS, said the company could not accept 7-Eleven’s request to increase AIS’s top-up commission. However, AIS is ready to talk if 7-Eleven is open to a new round of negotiations from which both parties will benefit, he said.

Read original story here.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
CAPTCHA
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Ex-THAI staff snared in bribe row

THAI AIRWAYS had a culture of corruption. Even the hotels had to pay a kick back to get the passengers of Thai Airways. The manager or supervisor in c...(Read More)


Phuket property prices not just about the beach

Christ Sweet: What do you mean i don't own my company? Me and my family do as per my response below....(Read More)


Phuket property prices not just about the beach

Rorri: To all intent and purpose i own my properties as i own my company.Again as previously stated i am the director of the company and have sole sig...(Read More)


Phuket property prices not just about the beach

.....unless Swerv is a US citizen and started the company using the Amity treaty. If he did, he can legally own 100% of the company....(Read More)


Phuket women fight, knife pulled, over market trousers

I have experienced this type of hostility several times while shopping in Phuket and Bangkok. They don't like you trying on clothes and not buy...(Read More)


All change in Surin as plans for Phuket Rajabhakti Park scrapped

“I can confirm that once complete no vendors will be allowed in the park." That means the beach mafia ( Vendors who pay the corrupt official...(Read More)


Phuket judge hands down Czech fugitive less than legal minimum for visa overstay

How does this happen? It might possibly have something to do with a brown paper bag!...(Read More)


Gripen jet crashes during air show, pilot killed

Eagle: Correction! My response is not a response on a comment of you. You never comment here. I responded on a response of you. Always trying to...(Read More)


French woman deported for Phuket overstay, banned for five years

What eventually happened to this poor horse Christy Sweet?Have been wondering about it this week. Our children are all riders and grow up with horses....(Read More)


Phuket property prices not just about the beach

Yep...I still hate for you clueless clowns to be my financial advisor - like Rorii who is adamant that nominee shareholders are not illegal, now tryin...(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.