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Thursday, April 25, 2024

Thaicom, NT win satellite slot bids as auction raises B806m

AM Thanapant Raicharoen, an NBTC commissioner, right, said the telecom regulator is satisfied with the result of the satellite orbital slot package auction, at the NBTC headquarters on Sunday. (Photo: NBTC)

A total of 806.5 million baht was raised from the country’s first auction of satellite orbital slot packages on Sunday, which saw SET-listed satellite service operator Thaicom secure two out of five packages and state enterprise National Telecom (NT) obtain one.

The auction started at 10am and wrapped up one hour and 36 minutes later. 

Thaicom sent its subsidiary Space Tech Innovation to participate in the bidding. Its two competitors are NT, which was formed through the merger of state telecom enterprises CAT Telecom and TOT…

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