Gulf Energy Development has made a conditional voluntary tender offer of Intouch Holdings or INTUCH at a price of 65 baht per share. When combined with INTUCH shares that GULF already holds 606,878,314 shares or 18.93% share, Gulf Energy Development becomes INTUCH shareholder totaling 1,354,752,952 shares, becoming the major shareholder with 42.25% of issued and paid-up shares then all. Wireless telecommunications Advanced Info Services PCL (SET:ADVANC, common name: AIS) Thailand's largest mobile operator, AIS was originally granted a 20-year mobile concession by the Telephone Organization of Thailand (TOT) on 27 March 1990. On 26 September 1996, an additional five years were granted whereby extending the concession life to 25 years, expiring in the year 2016. The memorandum of agreements attached thereto is based on the "build-transfer-operate" (BTO) principle. Products: GSM Advanced Evolution (Postpaid, 900 MHz), GSM 1800 (Postpaid, 1800 MHz), One-2-Call (Prepaid, 900 MHz), Swasdee (Prepaid, 900 MHz) and Mobilelife (mobile content services) Satellite and international business Thaicom PCL Thaicom () was originally called Shinawatra Satellite. It was founded in 1991 after it was granted a license from Thailand's Ministry of Transport and Communications permitting it to launch and operate satellites. It was the first company in Thailand to be allowed to do this, and the first privately owned satellite company in Asia. King Bhumibol Adulyadej provided a name for the satellite series name, "Thaicom" (it comes from "Thai Communications"), symbolising the link between Thailand and modern communications technology. Shin Satellite has five satellites in geostationary orbit: Thaicom 1, Thaicom 2, Thaicom 3, Thaicom 4 or IPSTAR, and Thaicom 5, with corresponding Thai-based customer service facilities. Media and advertising ITV Public Company Limited (SET:ITV) Formerly named "Siam Infotainment Company Limited". ITV was granted a 30-year concession by the Office of the Permanent Secretary to the Prime Minister's Office in 1995 to operate a free-to-air television station in the ultra high frequency (UHF) spectrum at 510–790 MHz. SC Matchbox Company Limited (SMB) Established in April 1991, SMB is an advertising agency. E-business and others IT Applications and Services Company Limited (ITAS) ITAS was first established in January 2000 to provide application services for SHIN and its subsidiaries. After certifying as SAP National Implementation Partner, ITAS has offered its services to external customers and from then on ITAS has added more to its E-business products and services. Teleinfo Media Company Limited (TMC) Formerly known as "Shinawatra Directories Co., Ltd.", TMC is the