Page 36 - 56-1 One Report 2022 EN

Part 1 Business Operation and Operating Performance

Lao Mobile Money Sole Company Limited

In 2020, Lao Mobile Money Sole Company Limited was established to operate and provide digital money payment
and transfer services within the Lao PDR. Marketed as M-Money.
The Company is actively expanding its operations in Laos, with a primary focus on establishing connections
between all commercial banks in the country. Additionally, it aims to offer digital payment and money transfer
services to subscribers of all mobile operator networks, provide e-payment services for the government, and form
agreements with businesses and government entities to facilitate direct salary payments to employees' M-money
accounts.
The primary objective of the M-money digital wallet is to simplify and streamline money transfers for individuals
across the country. In the long run, the Company plans to extend its services beyond money-in/money-out facilities
to reach under-banked and un-banked areas and individuals, offering them essential financial services.
Joint Venture Businesses

4. Joint Venture Businesses

Joint Venture Businesses, the Company has established 2 subsiduaries, as follows;
Name Type of Business
Nation Space and Technology A joint venture company with National Telecom Public Company
Company Limited Limited, integrates the company’s satellite technology with National
Telecom Public Company Limited’s digital solutions to provide
services relating to satellite business such as NAVA by NSAT or
maritime digital solutions.
ATI Technologies Company A joint venture company with Varuna (Thailand) Company Limited,
Limited produces and distributes unmanned aerial vehicle or argricultural
drone “AiANG” including a full range of drone technology solution
services. The initial phase aimed to help farmers improving agricultural
productivity.

1.2.3 Main Operating Assets

The company’s major operating assets are as follow:
Type of Asset Asset
Assets under licenses THAICOM 7
THAICOM 8
Satellite Control Equipment
Ground Equipment
TTC&M (Telemetry, Traking, Command and Monitoring System)
Right-of-use assets The purchase of part of bandwidth capacity on Thaicom 4, Thaicom 6,
international satellites including plant, buildings and vehicles

(Please see details of the Company’s operating assets and investment policy on investments in subsidiaries and affiliated companies in
attachement 4)
1.3 Shareholding Structure of the Company and its subsidiaries

The Company’s business operations can be divided as follows: (1) Satellite and Related Services (2) Media services
and (3) Telephone Business Abroad, and (4) Other joint venture businesses. Investment in all these businesses is

Part 1 page 23
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