Thai Times

Covering the Thai Renaissance

NBTC Lowers Starting Prices and Extends Deadline for Unsold Satellite Orbital Slots Auction

The National Broadcasting and Telecommunications Commission (NBTC) in Thailand has approved an amended draft for the auction of satellite orbital slots at 50.5° East, 51° E, and 142° E.
The changes include extending the launch period for winning bidders to five years from three years and lowering starting bids.

However, the NBTC is concerned about the minimum number of bidders, as only one bid was received in the 2023 auction for these slots.

In that auction, five packages were offered, with starting prices ranging from 374 million baht to 189 million baht.

Space Tech Innovation, an affiliate of Thaicom, won the second and third packages in an auction for orbital slots by the National Broadcasting and Telecommunications Commission (NBTC) of Thailand.

National Telecom won the fourth package, while the first and fifth packages remained unsold.

The NBTC later drafted a plan to auction off the unsold slots to prevent their cancellation by the International Telecommunication Union (ITU).

A source revealed that the new draft sets lower starting prices for the unsold packages, at 41 million baht for the first package and 23 million baht for the second package.

The NBTC (National Broadcasting and Telecommunications Commission) is facing a challenge in developing commercial markets due to unsold slots for the Caribbean and Middle East regions, according to a source.

The amended draft of the 900 MHz spectrum auction requires winning bidders to pay a minimum of 2.5% of their total revenue to the state.
Newsletter

Related Articles

0:00
0:00
Close
Thai Maid Claims French Boss Left Her THB50m After Suicide: 100m Baht Fortune
Short Title: Bangkok Expressways Toll-Free on Three Public Holidays in May
Thai Government to Implement 400 Baht Minimum Wage Nationwide by October, Some Businesses May Receive Assistance
MRTA's Smart Parking System: Free Trial with 190 Car Spots and 150 Motorcycle Slots
Tourism Industry Urges New Minister to Reinstate 300-Baht Tourist Fee: Stakeholders Believe It Won't Deter Arrivals
Thailand Sees 31% Surge in Investment Pledges to 228 Billion Baht in Q1 2024
Latest headlines
Vietnam Ranks Second in Tourist Arrivals to Laos in Q1
Bangkok Implements AI Cameras to Tackle Traffic Violations
Co-working Spaces Gain Popularity in Thailand Post-Covid
Construction Plans for Two New Thai Airports Announced
Today's headlines
Thai-Chinese Business Collaboration Dinner in Bangkok
Krungsri Bank Reports Decrease in Q1 2024 Earnings
Queen's Sailing Team Triumphs in Gulf of Thailand
Record Power Consumption in Thailand Amid Heatwave
Air Force Demands Bt3bn from AOT for Golf Course Use
The Nation Group Refutes Layoff Claims, Demands Accountability
Changpeng Zhao Sentenced to Four Months in Jail
Biden Administration to Relax Marijuana Regulations
Huawei: ASEAN's Shift to Digital Economy Offers $18.8 Trillion Opportunity
Dubai's New Al Maktoum International Airport: World's Largest with ₹2900 Crores Investment, 5 Runways, and 260 Million Annual Capacity
101-Year-Old Woman Mistaken for a Baby by American Airlines: Comical Mix-Up during Flight Check-in
Thai Prime Minister Appoints New Finance Minister Amid Economic Challenges: Pichai Chunhavajira Takes Over from Srettha Thavisin
Thailand's Bitkub Targets ASEAN Expansion with 2025 IPO: Creating a Regional Crypto Champion in Developing Markets
New UK Laws: Banning Weak Passwords for Internet-Connected Devices to Enhance Cybersecurity
Understanding Heat Waves: Risks and Precautions
A Global Update on Markets and Technology
Japan's Market Triumph
Fed's Asian Influence
China's Industrial Slowdown
Resource Battles in Asia
Evolving Financial Markets
Telecom Turbulence
US Tech's AI Strategy
Strategic Corporate Moves
Global Oil Market Dynamics
Taylor Swift's Tortured Poets Department Debuts at UK Number One, Breaking Sales Records and Equaling The Boss's Chart-Topping Feat
Yoga at the Runway: 500 Participants Strike a Pose at Bangkok Airport, Amidst Planes and Coconuts
Thai Prime Minister Joins International Call for Immediate Release of Gaza Hostages, Including 8 Thais
Six Thai State Banks Reduce Lending Rates by 0.25% for Small Borrowers
Voice TV Shuts Down: Pro-Thaksin Channel to Cease Broadcasting After 15 Years, Affecting 100 Reporters and Staff
Private Hospital Fined Bt100,000 for Denying Emergency Treatment to Critically Injured Patients
Thailand Tops CEOWORLD's List of Best Countries to Visit in Your Lifetime in 2024
New York DA Returns $3M Worth of Looted Antiquities to Cambodia and Indonesia: Subhash Kapoor and Nancy Wiener Accused
6,000 US Navy Personnel Enjoy Free Time in Pattaya during Indo-Pacific Exercise
Thailand's 'Golden Boy' Statue to Be Repatriated from The MET in May
Fifth Thai-Lao Friendship Bridge to Open in November: Boosting Transportation and Economy between Thailand and Laos for 3.9 Billion Baht
New Study: Vaping May Lower Fertility in Women Trying to Get Pregnant
ThaiTimes.com Newsletter, Saturday 27 April 2024
×