Thaicom Public Company Limited and CAT Telecom Public Company Limited today announced a satellite business joint venture in order to strengthen Thailand’s telecommunications infrastructure and to support the growth of the digital economy industry and satellite industry. The two companies are partnering to form a joint venture company called 'Nation Space and Technology Company Limited’. The joint venture has a registered capital of Baht 10 million. Thaicom holds a 75 percent stake, whereas CAT
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