The company is accelerating growth by expanding its outsourcing portfolio to capture emerging opportunities in the digital economy, with a focus on sustainable, long-term success.

Samart Telcoms Group is poised for significant growth in 2025, aiming to secure contracts exceeding Bt10 billion and achieve total revenue of over Bt6.5 billion -marking its highest performance in five years since the onset of the COVID-19 pandemic.

This optimistic outlook is bolstered by a recent upgrade of Samart Telcoms’ credit rating to BBB+, which underscores the company’s solid financial strength and business stability.

Building on this strong foundation, the company plans to broaden its market reach and enhance its comprehensive digital solutions portfolio to support ongoing digital transformation initiatives across both public and private sectors.

Mr. Watchai Vilailuck, Executive Chairman and Chief Executive Officer of Samart Telcoms Public Company Limited, reported that as of the end of May, the group’s performance has been highly encouraging. The company has secured contracts and new project wins exceeding Bt4 billion, including key initiatives with Airports of Thailand Public Company Limited, National Telecom Public Company Limited, and the Provincial Electricity Authority. Currently, Samart Telcoms holds a healthy order backlog valued at approximately Bt7.5 billion, poised for future revenue recognition.

With continued government investment in digital technology and ICT, the company anticipates sustained momentum in securing new projects. Samart Telcoms targets an additional Bt6 billion in contracts during the remainder of 2025, potentially pushing total contract value beyond Bt10 billion for the year – the highest in five years.

Total revenue for 2025 is projected to exceed Bt6.5 billion, driven in part by strong recurring income, which is expected to account for 44 per cent of total revenue – the highest proportion since the onset of the COVID-19 pandemic.

Reflecting this robust performance and improved outlook, Tris Rating upgraded Samart Telcoms’ credit rating in the second quarter from BBB to BBB+, signaling enhanced business stability and growth potential. This upgrade aligns closely with the company’s strategic direction and the broader upward trend in industry investment.

Driving Digital Transformation with End-to-End Outsourcing Solutions

Government policies continue to promote digital technology adoption to advance the national economy, prompting organizations to accelerate their transition toward digital operations. This transformation demands substantial investment—not only in selecting the right technologies but also in attracting and retaining skilled talent to implement and manage digital systems effectively.

With a proven track record in delivering technology solutions to major public and private sector clients, Samart Telcoms identifies strong potential in providing fully integrated outsourcing services. Its comprehensive “One-Stop Service” approach enables organizations to access cutting-edge technologies more efficiently, reduce capital expenditure, and improve operational agility.

Partnering with leading global technology providers, the company offers end-to-end support across all stages of the digital transformation journey – from system design and implementation to operations and maintenance – ensuring seamless and sustainable digital enablement for its clients.

Moreover, the company delivers a wide range of technology solutions across diverse industries, including anti-counterfeiting printing, physical and cybersecurity protection, financial and banking systems, transportation facilitation, and government services such as fee and tax collection. This breadth further reinforces its capability to support varied digital transformation needs.

Building on its core competencies, Samart Telcoms is also expanding its ERP system services beyond traditional utility sector clients to target new customer segments, thereby strengthening its recurring revenue streams. Concurrently, the company is advancing environmental and clean energy initiatives aligned with global sustainability trends. These efforts include projects under Power Purchasing Agreements (PPA) to develop solar power generation systems and the deployment of remote pollution monitoring and early warning systems implemented for industrial estates.

Reinforcing Global Standards – Building Customer Confidence

Samart Telcoms prioritizes adherence to international management standards to consistently build trust with customers and business partners. The group and its subsidiaries have earned key certifications, including:

• ISO 9001: Quality Management System
• ISO 29110: Software Development Standard
• ISO 20000: Information Technology Service Management
• ISO 27001: Information Security Management

Beyond maintaining world-class technology and service standards, Samart Telcoms has adopted a strategic vision titled “Leading to a Sustainable Future.” This approach equips the company to navigate the evolving demands of sustainable business practices by delivering outstanding, comprehensive solutions that fully address customer needs.

At the same time, the group remains deeply committed to social and environmental responsibility, reinforcing its dedication to long-term organizational sustainability, Mr. Watchai concluded.