Thaicom-CAT tie-up for CLMVSET-listed Thaicom says a joint venture it recently formed with CAT Telecom would serve as a hub for low earth orbit (LEO) satellite service in the Cambodia, Laos, Myanmar and Vietnam (CLMV) market, catering to demand for high-speed internet via 5G tech and innovative applications. The JV is aimed at providing satellite gateway services and solutions as well as marketing the sale of LEO satellites. LEO satellite projects are operated by two main companies: Space Exploration Technologies Corp (SpaceX) and London-based satellite internet access provider OneWeb. "Through the JV, we can form the strongest partnership in Asean for LEO commercial services, especially in the CLMV market," he said. CAT expressed its readiness to take control of satellites Thaicom 4 and 6 after the concession expires.

Source: Bangkok Post July 08, 2020 23:03 UTC