0
Video

Thaicom revenues decline 24% in 2020

Monday 8 February 2021 | 17:00 CET | News
Interactive webinar: KPN deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on February 18th 14:00 CET for a professional profile of KPN in 60 minutes. Register here ...
Satellite operator Thaicom Public Company (THCOM) said revenues for full-year 2020 fell 23.7 poercent from the year before to THB 3.557 billion, driven down by a decrease of revenue from satellite and related services, due mainly to the Thaicom 5 satellite de-orbiting in February 2020. This resulted in the service's termination, especially for foreign customers that weren't able to migrate to Thaicom's other satellites. The decrease of revenue was also the result of a decline in the number of satellite television channels and a decrease of broadband services to foreign customers.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Lao Telecommunications / Thaicom
Countries: Thailand
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Thaicom turns to net profit in Q3, revenue drops 23%

Published 06 Nov 2020 08:16 CET | Lao People's Democratic Republic
Satellite operator Thaicom reported revenues of THB 918 million for the third quarter of 2020, which represents a decline of 23 ...

Thaicom turns to net profit in Q2 due to compensation income

Published 08 Aug 2020 14:52 CET | Asia
Satellite operator Thaicom posted a net profit of THB 498 million for the second quarter of 2020, compared to a net loss of THB ...

Thaicom, CAT announce Satellite Business joint venture

Published 26 Jun 2020 14:45 CET | Thailand
Thaicom Public Company and CAT Telecom Public Company announced a satellite business joint venture in order to strengthen ...

Thaicom turns to net profit in Q1 on THB 238 mln foreign exchange gains

Published 07 May 2020 08:25 CET | Thailand
Satellite operator Thaicom turned to net profit of THB 198 million for the first quarter ended 31 March 2020, from a net loss of ...





Calendar   /   Industry Events

08 Feb Telkom Q3 trading update
08 Feb Ceragon Networks Q4 2020
08 Feb Kcell Q4 2020
09 Feb America Movil Q4 2020
09 Feb Telekom Austria Group Q4 2020
09 Feb Nordic Entertainment Q4 2020
09 Feb Akamai Q4 2020
09 Feb Cisco fiscal Q2
09 Feb Avaya fiscal Q1
09 Feb Allot Q4 2020
09 Feb Sequans Q4 2020
09 Feb Twitter Q4 2020
09 Feb Cisco Live EMEAR
10 Feb Equinix Q4 2020
10 Feb Bredband2 Q4 2020
10 Feb Japan Display fiscal Q3
10 Feb Lumen Technologies Q4 2020
10 Feb Altice USA Q4 2020
10 Feb Belden Q4 2020
10 Feb RSPG meeting
11 Feb Cloudflare Q4 2020
11 Feb Millicom Q4 2020
11 Feb Telstra H1 results
11 Feb Digital Realty Q4 2020
11 Feb VeriSign Q4 2020
11 Feb Telenet Q4 2020
11 Feb Vecima fiscal Q2
11 Feb Teleste Q4 2020
12 Feb Intred Q4 2020
12 Feb Juniper Networks investors day
::: More Calendar Items