ALT Telecom Public Company

What ALT Telecom Public Company does

ALT Telecom Public Company Limited (SET ticker: ALT), founded in 2001 and headquartered in Nonthaburi, Thailand, is a publicly-listed telecom infrastructure operator that delivers infrastructure leasing, EPC services, and equipment products to mobile network operators, state enterprises, and industrial customers across Thailand. It owns and operates strategic infrastructure assets including 250 km of fiber optic cable across seven BTS/EXAT/SRT/underground routes (324 cores), nationwide telecom tower and cell-site facilities (including sites co-located at gas stations and industrial estates), three submarine cable landing stations with 15 international gateways operated through subsidiary IGC, and 17 MWh of deployed solar PPA capacity. The company is organized around eight wholly-owned operating subsidiaries (IH, Thai Thanan, GTS, IGC, INN, EMAX, SIC, i21) and operates under a Telecom License issued by NBTC. Subsidiary i21 extends the business into Smart Factory management and electric forklift rental, while EMAX delivers smart meters and AMI grid-management systems.

Revenue is generated through three streams: (1) recurring infrastructure leasing — fiber, towers, cell sites, cable landing stations, solar PPA, and AI Infrastructure as a Service; (2) EPC and engineering services — turnkey telecom site construction, data center built-to-suit, intelligent building systems, renewable system installation, and digital system design; and (3) product sales — mobile communication vehicles (RTD/COW/COL), fiber optic cables, telecom shelters, antennas, solar panels, inverters, smart meters, and smart poles. Customers include Thailand's three MNOs (AIS, True, DTAC), the State Railway of Thailand, government agencies, and industrial factories; solar PPA customers receive electricity at rates 10-30% below government rates. Go-to-market is direct enterprise field sales, supplemented by the corporate website, investor relations materials, and SET newsroom announcements. Registered capital stands at 566,113,709.50 THB. Recent strategic emphasis is on AI Infrastructure as a Service, with power-supply partnerships (EGAT, RATCH Group) supporting rack densities of 24-70 kW, and a JUMP+ Plan targeting 50 MW of solar rooftop capacity by 2025 and net-zero greenhouse gas emissions by 2040.

The core technology stack combines licensed telecom infrastructure (NBTC-issued), embedded hardware systems (prefabricated IP55 telecom shelters, smart poles with MIT/Thailand Board of Investment certification, AMI smart meters), and renewable energy assets. The technology is differentiated by exclusive right-of-way along BTS, EXAT, SRT, and Navanakorn industrial-estate concessions, plus ISO 9001 v2008 quality certification across operations. AI capability is infrastructure-layer only (HPC/AI cluster hosting, customized built-to-suit design, hardware/software procurement) with no disclosed proprietary models, in-house research, or data flywheel mechanics.

Name

ALT Telecom Public Company

Legal name

ALT TELECOM PUBLIC COMPANY LIMITED

Website

https://alt.co.th

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

ALT Telecom is a Thailand-based (SET: ALT) telecom infrastructure operator that leases fiber networks, telecom towers, cable landing stations, and solar PPA systems to mobile operators, government agencies, and industrial customers across three business segments.

Ownership category

akta.pro rank

Product category

Telecom Infrastructure Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Wired Telecommunications Carriers (517111), Wired and Wireless Telecommunications Carriers (except Satellite) (51711)

SIC

Radiotelephone Communications (4812), Communications Equipment, Nec (3669), Computer Communications Equipment (3576)

akta.pro primary industry

Real Estate, Leasing & Colocation Management (Landlords/REITs) (HDAIAKAJ)

akta.pro secondary industries

Industrial/OT Private Connectivity (Factory, Mining, Ports) (HDAIAGAD), AMI Communications (RF Mesh, PLC, Cellular/NB-IoT, Private LTE) (EUADAFAD), Industrial Network Management & Diagnostics (OT NMS/Topology/Monitoring) (HDAFAJAI)

Keywords

• Telecom infrastructure services
• Fiber optic network leasing
• Telecom tower leasing
• Solar power purchase agreement
• AI infrastructure services

Headquarters

HQ city

Nonthaburi

HQ country

Thailand

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Leasing and Recurring Services: Recurring revenue from leasing telecommunications infrastructure including fiber optic networks, telecom towers, cell sites on strategic locations, cable landing stations, and solar PPA services. Also includes platform services and AI infrastructure as a service.
2. EPC and Engineering Services: Engineering, procurement, and construction services including telecom turnkey site solutions, ground station and cable landing station construction, data center built-to-suit, M&E engineering, renewable system installation, digital system design and installation.
3. Products Sales: Sale of telecommunications products including mobile communication vehicles (RTD, COW, COL), fiber optic cables, telecom shelters, antennas; solar cell products including panels and inverters; and digital equipment including smart meters and smart poles.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

ALT Telecom is a one-stop telecom infrastructure provider operating under an NBTC telecom license, organized into three segments: (1) recurring leasing services for fiber optic cable networks, telecom towers and site facilities, cell sites at strategic locations, submarine cable landing stations, solar PPA electricity, and AI/HPC infrastructure; (2) EPC solution services including turnkey telecom site construction, data center built-to-suit, intelligent building systems, renewable energy installation, and smart pole/meter system installation; and (3) products such as mobile communication vehicles, telecom shelters, solar panels and inverters, smart meters, and smart poles. The company serves telecom operators, government agencies, and industrial customers across Thailand.

Product overview

ALT Telecom Public Company (บริษัท เอแอลที เทเลคอม จำกัด (มหาชน)) operates as a comprehensive telecom infrastructure provider with three main business segments: (1) Leasing/Recurring Services including fiber optic cable network leasing, telecom towers & site facilities, strategic cell sites, submarine cable landing stations, solar PPA services, and AI Infrastructure as a Service; (2) EPC & Solution Services including telecom turnkey solutions, data center built-to-suit, intelligent building systems, solar installation, smart meter and smart pole installation; and (3) Products including mobile communication vehicles (RTD/COW/COL), telecom shelters, solar cell products, smart meters, and smart poles. The company serves telecom operators, government agencies, and industrial customers across Thailand.

Differentiator

Problem solved

Functional benefit

Brands

• One Stop Solutions for Telecom Provider: Company tagline and service philosophy encompassing end-to-end telecommunications infrastructure services including leasing, EPC, and product provision.
• ALT
• GTS (Group Tech Solutions)
• IH (Information Highway)
• Thai Thanan
• IGC (Inter Gateway)
• INN (Innovative Telecom)
• EMAX (Energy Max)
• SIC (Smart Infra)
• i21 (I Twenty One Inter Corp)

Products and services

• Fiber Optic Cable Network Leasing
• Tower Co. & Site Facilities Leasing
• Cell Site on Strategic Locations
• Cable Landing Stations
• Solar PPA Service
• AI Infrastructure as a Service
• Telecom Turnkey Site Solutions
• Data Center Built to Suit
• Intelligent Building Systems
• Solar Cell System Installation
• Smart Pole Installation Service
• Mobile Communication Vehicle
• Telecom Shelter
• Solar Cell Products
• Smart Meters
• Smart Pole Products
• i21 Smart Factory System

Quantifiable outcome

• Solar electricity rates 10-30% lower than government electricity rates for industrial customers
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• EGAT (Electricity Generating Authority of Thailand)coreStrategic or Co-development PartnerStrategic partnership with EGAT for power infrastructure supporting AI data center operations. EGAT provides power sources (RE50-RE100) for high power per rack requirements (24-70 kW) at AI infrastructure facilities.
• RATCH GroupcoreStrategic or Co-development PartnerStrategic partnership with RATCH for power generation to support AI infrastructure services with reliable power supply options.
• State Railway of ThailandminorStrategic or Co-development PartnerCustomer relationship for smart meter installation project valued at 56 million THB through subsidiary Energy Max.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Equinix: Global data center REIT and colocation leader with ~270 IBX data centers. Overlaps with ALT's data center built-to-suit, AI Infrastructure-as-a-Service, and cable landing station businesses, but operates at a much larger hyperscale scale.
• Digital Realty: Global data center platform with 300+ facilities across 50+ metros. Comparable to ALT's data center built-to-suit and AI/HPC infrastructure offerings, though positioned as a hyperscale-focused incumbent.

Direct peers

• IHS Towers: Emerging-markets tower operator with ~40,000 towers across Africa, Latin America, and the Middle East. Comparable to ALT in operating in growth markets with MNO customers and tower-focused leasing revenue.
• Crown Castle: US tower and fiber infrastructure operator with ~40,000 towers and ~90,000 route miles of fiber. Closely comparable to ALT's combined tower + fiber + small cell business model.
• Helios Towers: Africa-focused tower operator with ~14,000 sites. Closely analogous business model of multi-tenant tower leasing to MNOs in growth markets, directly comparable to ALT's core tower segment.
• Cellnex Telecom: European tower operating company with ~112,000 sites across 10 countries. Most directly comparable pure-play tower infrastructure business model to ALT's tower co-location and cell site leasing segment.
• SBA Communications: US-listed tower REIT operating ~40,000 communications sites globally. Directly comparable tower co-location and site leasing model to ALT's Tower Co. & Site Facilities business.
• American Tower Corporation: Global tower and data center REIT with ~225,000 communications sites. Closely aligned with ALT's recurring-revenue tower leasing business, although at much larger scale and with broader geographic footprint.

Regional players

• Interlink Telecom: Thailand-listed telecom infrastructure provider focused on fiber networks and data center services. Closely comparable to ALT's fiber leasing and data center built-to-suit businesses within Thailand.
• Jasmine International: Thai telecom group with extensive fiber network, broadband, and tower operations in Thailand. Closest Thai peer, overlapping with ALT's fiber leasing, broadband, and telecom infrastructure services within the same domestic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/1761631480733545

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALT Telecom Public Company