Thaicom (company)
THAICOM Public Company Limited, was formerly known as Shin Satellite Plc (SATTEL), is Thailand's first satellite operator. It is a subsidiary of Shin Corporation, the biggest telecommunications conglomerate in Thailand. The company obtained a license from Thailand's Ministry of Transport and Communications in 1991 to launch a satellite and operate it, based on a BTO (Build-Transfer-Operate) agreement.
Company milestones
11 September 1991 - Shinawatra Satellite Co., Ltd. (SATTEL) was granted by Ministry of Transport and Communications (MOTC) a 30-year concession to operate Thailand's first commercial satellite.
17 December 1993 - Thaicom 1 successfully launched into orbit
18 January 1994 - Shinawatra Satellite Co., Ltd. listed on Stock Exchange of Thailand
7 October 1994 - Thaicom 2 successfully launched into orbit
16 April 1997 - Thaicom 3 successfully launched into orbit
2 August 1999 - Shinawatra Satellite changed its name to Shin Satellite Plc.
27 September 1999 - Shin Satellite Plc. increased its registered capital from Baht 3,500 million to Baht 5,500 million and paid-up capital from Baht 3,500 million to Baht 4,375 million and also Shin Corporation sold 100% of its investment in Shenington Investments Pte Ltd. to Shin Satellite Plc. in order to restructure the SHIN Group.
