Thaicom has announced the selection of Airbus, a European leader in defense and security and one of the world’s leading space businesses, for building its new generation software-defined high throughput satellite at 119.5 Degrees East.

Thaicom reported the net profit attributable to the owner for Q2/2023 of Baht 457 million, marking a 409.8% increase from Q1/2023’s (QoQ) net profit of Baht 90 million.