A subsidiary of Thaicom is the sole bidder for a Thai satellite orbital slot which is due for auction on July 24th. TC Space Connect is the bidder, although muSpace which had said it would make a bid failed to submit a proposal by the end of the bid period. Thailand’s National Broadcasting & Telecommunications […]
Thaicom has reportedly set up a subsidiary business in order to bid for satellite orbital slots which the government is likely to auction in July. Thaicom has asked for the auction to be delayed, citing the pandemic. However, Thailand’s National Broadcasting & Telecommunications Commission (NBTC) is unlikely to shift the date. Currently the bidding process […]
Gulf Energy Development, a Thai-based power generator, is looking to buy some of Thaicom’s assets, but not its satellite business. There are problems however; despite offering $5.4 billion for the assets, Gulf does not want to acquire the whole of Thaicom. The bid emerged on April 19th. In essence Gulf wants to buy Thaicom-backed Intouch […]
Thailand’s telecom regulator want to auction rights to use the nation’s satellite orbital slots. But its move is facing severe criticism. The four auctions cover slots at: 50.5°East and 51°E (auction 1), 78.5°E, (auction 2), 119.5°E and 120°E (auction 3), and with the last auction covering 126°E and 142°E. The auction minimum starting prices are […]
Satellite operator Thaicom has reported Q3 revenue from sales and services of Baht 918 million (€25.1m), down by 23 per cent compared to Q3/2019. This was caused by a drop in revenue as a result of Thaicom 5 satellite de-orbit. However, the Company’s net profit for Q3 was Baht 77 million, improved from the netloss […]
Satellite networking technology specialist Gilat Satellite Networks has successfully demonstrated carrying 5G traffic with what it says is “outstanding performance” over operator Thaicom’s GEO HTS satellite. With this successful demonstration, Gilat’s cellular backhaul solution is declared operational and ready for implementation in the 5G architecture. According to Gilat, superior user experience was recorded using its […]
Thaicom has turned a Q1 net loss into a net profit for Q2, but revenues continue to suffer from the economic downturn. The shift in fortunes was largely down to compensation income and offsetting losses from foreign exchange, the company said. Cutting out these exceptionals and Thaicom’s profit was just Baht 2 million (€0.05m). The […]
Thaicom and CAT Telecom have announced a satellite business joint venture in order to strengthen Thailand’s telecommunications infrastructure and to support the growth of the digital economy industry and satellite industry. The two companies are partnering to form a joint venture company called ‘Nation Space and Technology Company Limited’. The joint venture has a registered […]