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Bangkok Post
Bangkok Post
Business

Satellite auction set to raise B700m for NBTC

NBTC SET NT Thanapant Raicharoen Thaicom

Winning bids of at least 700 million baht are expected from the auction of satellite orbital slots this Sunday, says the National Broadcasting and Telecommunications Commission (NBTC).

The telecom regulator yesterday approved the participation of three companies in the auction following qualification checks.

The trio comprise Space Tech Innovation, a subsidiary of SET-listed satellite service provider Thaicom; telecom state enterprise National Telecom (NT); and Prompt Technical Services.

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