Thaicom Public Company Limited signed a multi-million baht transponder leasing contract for Thaicom 5 and the first transponder reservation agreement for Thaicom 6 with PSI Holding Company Limited (PSI).
The contract will see PSI providing satellite television channels via Thaicom 5’s Ku-Band to owners of PSI satellite dishes during the first phase, while in the second phase PSI will expand its services through 1 C-band and 1 Ku-band transponder on Thaicom 6.
The contract with Thailand’s largest satellite dish manufacturer and distributor will also reconfirm Thaicom 5’s status as a “hotbird,” and lay the groundwork for Thaicom6 as another successful satellite project. With more than 7 million customers throughout the country, PSI will be able to provide more than 80 television channels to viewers immediately, including 2 high quality channels being sourced by PSI from content providers.
“The company has been in the satellite dish distribution business for more than 20 years and has distributed more than 7 million units throughout the country. We foresee strong growth in the satellite TV segment, and it is our intention to expand our services to include the provision of satellite television channels to our customers. We recognize that Thaicom’s satellites are in high demand, and feel that Thaicom 5 and Thaicom 6 will provide us with the right platforms to expand our services,” said Somporn Theerarojpong, CEO of PSI Holding Co.
PSI’s platform on Thaicom 5 will consist of more than 80 television channels including knowledge and entertainment channels. The company stresses, however, that it will adhere to providing these channels free of charge to its customers who purchase the PSI satellite dishes.