A subsidiary of Thaicom is the sole bidder for a Thai satellite orbital slot which is due for auction on July 24th.

TC Space Connect is the bidder, although muSpace which had said it would make a bid failed to submit a proposal by the end of the bid period.

Thailand’s National Broadcasting & Telecommunications Commission is handling the auction with the country’s Ministry of Digital Economy & Society (DES).

There are four packages up for auction although local reports suggest that the auction will now be delayed. A single bidder is hardly conducive to a successful financial outcome.

The Thaicom subsidiary TC Space wants the 119.5 degrees East slot and which is currently occupied by the Thaicom 4 craft.

Other posts by :

1. D2D satellite battle hots up
2. Eutelsat share price rockets
3. AST SpaceMobile recovers after Verizon agreement
4. Bank has mixed messages for AST SpaceMobile
5. EchoStar clears key regulatory hurdles for Starlink deal
6. Starlinks falling to Earth every day
7. 650 Starlink D2C craft in orbit
8. Bank upgrades SES to ‘Buy’
9. Eutelsat shareholders reach agreement at AGM

Categories: Articles, Satellite

Tags: satellite, thaicom, thailand