Thaicom revenues decline 24% in 2020

Monday 8 February 2021 | 17:00 CET | News
Satellite operator Thaicom Public Company (THCOM) said revenues for full-year 2020 fell 23.7 poercent from the year before to THB 3.557 billion, driven down by a decrease of revenue from satellite and related services, due mainly to the Thaicom 5 satellite de-orbiting in February 2020. This resulted in the service's termination, especially for foreign customers that weren't able to migrate to Thaicom's other satellites. The decrease of revenue was also the result of a decline in the number of satellite television channels and a decrease of broadband services to foreign customers.

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Categories: Broadcast & Satellite
Companies: Lao Telecommunications / Thaicom
Countries: Thailand
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