Thaicom Public Company Limited is a Thai satellite operator and provider of satellite and telecommunication services since 1991. The company operates a fleet of four satellites covering Asia, Oceania, and Africa. Thaicom is a subsidiary of Intouch Holdings PCL, Thailand's biggest telecommunications conglomerate.
History
The company's satellite project was named Thaicom by King Bhumibol.
Thailand-based Shinawatra Computer and Communications Co. Ltd. (later Intouch Holdings PLC) signed a US$100 million contract with Hughes Space and Communications Company Ltd. in 1991 to build Thailand's first communications satellite. Thaicom 1 was launched on 18 December 1993, carrying 12 C-band transponders and covering an area from Japan to Singapore.
The company became a listed company on the Stock Exchange of Thailand on 18 January 1994, and is officially traded under the symbol THCOM.
Since its establishment, the company has expanded its business activities to include Internet and telephone services, as well as direct to home (DTH) satellite TV services. As of 31 December 2011, Intouch, which is the company's major shareholder, holds 41.14% of the company's shares.[needs update]