Thaicom sees foreign partnerships as way to expand business collaboration - News Summed Up

Thaicom sees foreign partnerships as way to expand business collaboration


Last month Thaicom announced that its subsidiary International Satellite Company (ISC) had entered a partnership with a foreign business to develop a new broadband satellite project worth around US$208 million (more than Bt7.3 billion). He said Thaicom was still considering developing its own Thaicom 9 satellite and was waiting for the satellite-service regulations in Thailand to become clearer. Earlier the ministry focused on the goal of bringing Thaicom’s two licensed satellites, Thaicom 7 and 8, into the ministry’s concession regime as part of the reform. Thaicom currently has five satellites in operation: the Thaicom 4 (IPSTAR) broadband satellite and the Thaicom 5, 6, 7 and 8 broadcasting satellites. Thaicom 4, 5 and 6 operate under the ministry’s concession regime, while the other two fall under the National Broadcasting and Telecom Commission’s licensing regime.


Source: The Nation Bangkok November 20, 2016 18:12 UTC



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