Thaicom to launch Thailand s first tracking service via LEO satellite thethaiger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thethaiger.com Daily Mail and Mail on Sunday newspapers.
SET-listed satellite service provider Thaicom has entered a new chapter as it won orbital slots in the January auction for geostationary satellites, explores developing businesses related to low-Earth orbit (LEO) satellites, and continues work on space tech innovation with partners.
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) gave satellite company Globalstar permission to operate a new ground station, enabling it to sell mobile satellite services throughout the southeast Asian country.
The telecom regulator recently awarded SET-listed Thaicom a licence to use foreign satellite transponders to provide domestic services through US firm Globalstar's low-Earth orbit (LEO) satellite service network.
Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.