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Satnews Daily
August 26th, 2016

The Future Of Satellite In Thailand

In a posted report at the Bangkok Post's infosite, the executives of Temasek Holding, a major shareholder of Thailand's InTouch Holdings, plan to meet with the country's Prime Minister, Gen Prayut Chan-o-cha, to discuss the future of the nation's satellite industry and Thaicom.

The infosite was told that Temasek leaders have made the appointment to introduce themselves and to talk about the Singapore-based investment company's long term investment plans for Thailand. This meeting follows the government's plan to formulate a new investment model for the satellite industry to replace the licensing regime now in place.

There are four options being considered: a wholly owned state enterprise, a public-private joint venture with the state owning a majority stake, flexible forms for public-private joint ventures, and the existing licensing model but with higher operating costs.

Deputy Prime Minister Prajin Juntong, chairman of the national space policy committee of the Information and Communication Technology Ministry, has said the government is considering what will be the most appropriate investment strategy, with a resolution expected by early 2017.

The new structure will inevitably affect Thaicom Plc, the country's sole satellite service provider, as a decision is made regarding new satellite investment.