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Bangkok Post
Bangkok Post
Business

NBTC schedules satellite orbital bid for December

The National Broadcasting and Telecommunications Commission (NBTC) plans to hold the country's first auction of satellite orbital slot rights in December, with conditions tweaked from the proceeding one that was scrapped last year to attract more bidders.

The NBTC decided to scrap the auction slated for Aug 28, 2021 as SET-listed Thaicom, through its wholly owned company TC Space Connect, was the only bidder. The bidding has since been stuck in limbo.

According to the NBTC, the December auction will come with two-tier reserve prices with the higher price to be set if there is only one bidder. The auction will see five slot packages instead of four placed last year while qualifications vary according to the packages.

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