SEAX Global is supported by prominent regional investors with extensive experience in infrastructure, telecommunications, and digital development across Southeast Asia. Their investment through SEAX Asia reflects strong confidence in ITEL's long-term growth potential and its strategic direction toward regional expansion.
Following this investment, the two companies will jointly establish a new entity, "ITEL Global," which will expand ITEL's capabilities from a domestic network operator into a Regional Seamless Connectivity Provider. The new company will develop and operate high-performance cross-border infrastructure connecting Thailand, Singapore, Malaysia, Indonesia, Vietnam, and Hong Kong, positioning Thailand as a rising ASEAN Digital Gateway.
Dr. Nuttanai Anuntarumporn, Chief Executive Officer of ITEL, stated:
"Partnering with SEAX marks a major milestone for ITEL. By integrating our nationwide fiber network with SEAX's submarine cable assets and landing rights across key ASEAN markets, we will deliver faster, more resilient, and truly seamless regional connectivity. This enables us to serve hyperscalers, OTT platforms, cloud providers, and AI-driven workloads with world-class performance."
Proceeds from the capital increase will be used to expand international routes, develop new cross-border backhaul systems, upgrade core routing and DWDM infrastructure, and establish additional Points-of-Presence (PoPs) in strategic regional locations. These investments will significantly enhance ITEL's network capacity, resiliency, and readiness to support the rapid growth of the digital economy and AI-centric services in Southeast Asia.
ITEL believes that the establishment of ITEL Global, together with a strong strategic partner like SEAX, will form the foundation for a new S-Curve of sustainable growth—elevating the company from a national telecom operator to a key regional infrastructure player with increasing influence across Southeast Asia.