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3 companies qualify to bid for satellite orbital slot packages on January 15th


snoop1130

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Three companies are qualified to join the bidding for satellite orbital slot packages, to be held by the National Broadcasting and Telecommunications Commission (NBTC) on January 15th, with a mock auction to be held the day before.

 

The companies are the Space Tech Innovation Company, the state-owned National Telecommunications Public Company and Prom Technical Services Company.

 

Air Marshal Thanapant Raicharoen, a member of the NBTC, said today (Tuesday) that they will use a Sequential Ascending Clock Auction, an auction in which bidder places requested quantities against defined price steps, in the bidding process. Participants will bid in every 20 minute round, with the bid prices of a new round being increased by 5% of the minimum bid price.

 

Full Story: https://www.thaipbsworld.com/3-companies-qualify-to-bid-for-satellite-orbital-slot-packages-on-january-15th/

 

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10 hours ago, snoop1130 said:

The companies are the Space Tech Innovation Company, the state-owned National Telecommunications Public Company and Prom Technical Services Company.

Call me out if I'm wrong to say it but I have a strong notion who will win..

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