Thaicom, CAT go into joint venture to strengthen nation’s telecommunications structure

Image courtesy of The Nation Thailand/Asian News Network

BANGKOK June 28 (The Nation Thailand/ANN): Satellite operator Thaicom Plc and state telecom agency CAT Telecom Plc announced they have gone into a joint venture to help strengthen the country’s telecommunications infrastructure as well as boost the growth of the digital economy and satellite industries.

The new partnership has resulted in a joint venture firm called “Nation Space and Technology Co Ltd”, with a registered capital of Bt10 million.