A total of 806.5 million baht was raised yesterday during the country’s first auction for satellite orbital slot packages, which saw SET-listed satellite service operator Thaicom secure two of five packages and state enterprise National Telecom (NT) obtain one.
The auction started at 10am and wrapped up about 1.5 hours later.
Thaicom sent its subsidiary, Space Tech Innovation, to participate in the bidding. Its two competitors were NT, which was formed through the merger of state telecom enterprises CAT Telecom and TOT in 2021, and Prompt Technical Services, which is engaged in a very-small-aperture terminal business for oil rigs.
The National Broadcasting and Telecommunications Commission (NBTC) offered five packages for the auction, which marks the country’s satellite business…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
