Jump to content

Recommended Posts

Posted

Thaicom net profit slides 63% in first quarter

By The Nation

 

Thaicom made a consolidated net profit of Bt259 million in the first quarter of this year, down 63 per cent from the Bt700 million it posted for the same period of last year, the company said in a statement on Friday.

 

Paiboon Panuwattanawong, CEO of Thaicom, said the company planned to expand its broadcast services in emerging markets, especially in the Greater Mekong sub-region and in South Asia.

 

In April, the company signed a four-year, multi-transponder contract with Axiata Group Berhad (Axiata) through a wholly owned subsidiary, Axiata Business Services, for leased capacity and teleport services in Indonesia. Thaicom will be able to recognise revenue from the deal in the second half of 2017.

 

Source: http://www.nationmultimedia.com/news/business/30315079

 

 
thenation_logo.jpg
-- © Copyright The Nation 2017-05-13

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...