Thaicom Public Company Limited (formerly named Shin Satellite) was founded on 7th November 1991 by Shin Corporation Plc. (“SHIN”), which was granted a 30-year Build-Transfer-Operate concession from Thailand’s Ministry of Transport and Communications (now transferred to “Ministry of Information and Communication Technology”) to operate the country’s first communications satellite. The concession expires in 2021.
His Majesty King Bhumibol Adulyadej of Thailand graciously named the first national communications satellite, “THAICOM” which stands for “Thai Communications”. This name signifies the linkage between “Thailand” and “Communications”.