Fair auction to determine fate of Thaicom satellites - News Summed Up

Fair auction to determine fate of Thaicom satellites


Thaicom operates the Thaicom 4 satellite for broadband service and Thaicom 6 for broadcasting service. Mr Chaiwut said the DES ministry has yet to determine the conditions of NT's partner for Thaicom 4 and 6. Mr Chaiwut also acknowledged the DES Ministry is in the arbitration process with Thaicom in two dispute cases. The ministry demands Thaicom build and deliver a replacement satellite for Thaicom 5 or pay compensation of around 7 billion baht if it cannot do so. Thaicom argues the ministry was informed in advance about the satellite's lifespan before it was approved for launch.


Source: Bangkok Post May 13, 2021 23:26 UTC



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