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Bangkok Post
Bangkok Post
Business

NBTC board set to hold hearing in June

The new board of the National Broadcasting and Telecommunications Commission (NBTC) has set an initial timeline to hold a hearing for the draft of the country's first auction of satellite orbital slot rights in June.

Bidding was scrapped last year and remains stuck in limbo. On Aug 18 last year, the regulator decided to cancel an auction scheduled for Aug 28 as SET-listed Thaicom, through its wholly owned company TC Space Connect, was the only bidder.

The NBTC then amended a condition of the auction, with the draft scheduled to be put up for a hearing next month, said a source close to the NBTC who requested anonymity.

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