Year 2024 was a year of major changes. There were changes on the macroeconomic and microeconomic levels as well as changes in leadership in the country and abroad, and all of these factors influenced economic changes on the policy level. However, regardless of the changes, one very noticeable point is that basic infrastructure and technology remain major and vital factors to business and for driving toward widespread prosperity through economic development and narrowing of social gaps. Thus, for the past year and in the future, the government and the private sector will still likely continuously drive investment in this area.
Interlink Telecom Public Company Limited has a foundation that was created to provide infrastructure services with the primary objective of using technology to develop the country, so the Company remains committed to the development of basic data services as our pillar in order to expand in other related areas through value added services in order to increase the Company’s service income. In any case, the Company always firmly believes that the presence of good infrastructure will enable the continuous operation of customers’ businesses without disruption. Moreover, the Company recognizes the importance of providing comprehensive services and has gained the trust of the National Broadcasting and Telecommunication Commission (NBTC) to undertake a coastal internet installation project in fringe areas (zone C+) and remote areas (zone C), both of which recently ensured that the local populations in these zones can have extensive access to connection services. Furthermore, the Company remains committed to using communications technology to develop and drive the country forward through stable networks with the capability to fully support effective industrial growth at a time of global changes and increasing use of technology.
New Technologies Like AI and the Arrival of Data Center Hyper Scalers
Today, new technologies such as artificial intelligence (AI) are playing an increasingly important role in the operation of various companies in Thailand, while data center hyper scalers such as hyperscale cloud providers are changing the data center market landscape. These service providers require a highly effective infrastructure, superior connectivity speed and unlimited system expansion capabilities. Because they provide an important opportunity for Interlink Telecom to expand its network and provide service solutions that meet said emergent industrial needs, the Company is prioritizing investment in advanced technologies to enhance competitive capabilities while preparing for new opportunities in the future.
Facing Challenges and Stable Growth
Although 2024 continued to be a year in which the world faced complicated external factories like global economic changes, geopolitical uncertainties and rapid digital technological transitions, the Company was still able to maintain growth through strong strategies that prioritized effective cost management and customer base expansion both within the country and abroad, in addition to appropriately serving customers from both the public and private sectors to reduce the Company’s dependency or reliance on any single major customer.
In the past year, the Thai economy began to recover due to a stronger tourism sector, but at the same time the business sector still had to adapt to the rapid digital transformation. Thus, the Company has been driving network development to support the rapidly rising demand in order to support the work of business organizations for greater efficiency.
Business Growth through Extensive Networks and Comprehensive Services
With our fiberoptic cable networks covering over 75 provinces nationwide and running along railroads as well as roads, not to mention fiberoptic cables installed on electrical poles and underground, the Company continues to expand services to support the smart city concept, data centers, AI infrastructure and cloud services. This year, the Company has set the goal to increase the number of corporate customers while increasing revenue from new services that create solutions for a changing business market.
Moreover, the Company will be prioritizing growth through mergers and acquisitions (M&As) to expand business capabilities for greater coverage such as by acquiring health tech businesses and hardware implementers that are currently in operation in addition to creating plans for future registration in the Stock Exchange. In addition to acquisitions, the Company is also selling certain businesses to suit future changes to ensure that the Company is fully prepared for future competition.
Striving toward a Future of Technology and Innovations
To support rapid technological developments, the Company is committed to creating the perfect digital ecosystem for customers by developing and pushing for 5 core technologies that build upon the Company’s existing basic infrastructure services as follows:
1. Big Data & AI Analytics – Using data to analyze and predict business trends.
2. Cloud & Edge Computing – Digital infrastructure services to help promote fast business operation.
3. Cybersecurity & Blockchain – Enhancing data security and digital transactions.
4. IoT & Smart Infrastructure – Adopting technologies in basic infrastructures and smart cities.
5. Green Tech & Sustainability – Using clean energy and reducing carbon footprint in business operations.
Preparing to be a Cloud Implementer in 2025
In order to further technological developments and support the organization entering the digital age, the Company plans to expand cloud solution services in 2025 with a focus on multi-cloud infrastructure, hybrid cloud and cloud security to support the functionalities of all sizes in the business sector. The Company also remains committed to be the country’s leading cloud implementer in order to effectively and safely facilitate various organizations’ transition into the cloud-first era.
Adhering to Governance and Sustainability
The Company continues to give importance to the environmental, social and governance (ESG) principles, and in 2024 the Company has set a goal to reduce use of fossil fuels in networks while increasing the use of renewable energy. Additionally, the Company received a Thailand Sustainability Investment (THSI) rating and a corporate governance award on the level of 5 stars, which reflects the Company’s commitment to transparent and fair business operation.
Creating a Secure Future and Sustainable Growth
In 2024, Interlink Telecom continued to move ahead to become a business leader in high-performance networks and data centers in Thailand with a focus on developing high-quality networks, business expansion toward new industries and enhancing service standards for internal acceptance in order to create continuous and sustainable growth for shareholders, customers and Thai society in the long-term.
Finally, we would like to thank all shareholders for having always trusted and supported the Company. We are convinced that the capabilities of our personnel, robust strategies and clear business guidelines will enable the Company to take the organization toward lasting success while creating value for all stakeholders.
