3BB Fully Pays Rental Fees to JASIF

BBL Asset Management Co., Ltd., as the Management Company of Jasmine Broadband Internet Infrastructure Fund (SET: JASIF), announced that at present, JASIF has received the full rental payment including penalty fee from Triple T Broadband Public Company Limited.

Earlier, BBLAM stated that as at April 17, 2023, JASIF has received the rental fee in the amount of THB 750.0 million from 3BB, the total amount of rental fee per month is THB 943.1 million and the partial outstanding balance is THB 193.1 million.

Furthermore, 3BB has informed JASIF that the ongoing intense competition in the fixed broadband market and the increasing operation costs has impacted on its operating cash flow.