Thaicom Wins Contract for Capacity Expansion
on THAICOM Satellite Platform from Forever Group, Myanmar

4 April 2015

Thaicom Public Company Limited  announced that Forever Group, Myanmar’s leading media company and DTH operator, has signed a long-term contract for five additional transponders from the existing three on the Thaicom satellite platform.

The contract is a major milestone in significantly increasing the utilization rate on Thaicom satellites. The additional satellite capacity will support Forever Group’s development of digital content delivery services and High Definition TV in Myanmar. The country has been one of Thaicom’s key markets for over 15 years. The deal underlines Thaicom’s long-term commitment to the ASEAN Economic Community (AEC) and market strategy. The company’s servicing capacity and footprint in Asia will be enhanced by upcoming satellite launches.

Forever Group’s CEO, U Win Maw, said, “Our relationship with Thaicom has been very successful, and we are pleased to further strengthen our partnership through this deal. The capacity expansion is set to boost Forever Group’s ability to advance our digital content delivery platform. THAICOM’s satellite platform serves as an important pillar in the expansion of our digital content delivery network which distributes entertainment, culture, and news to viewers in Myanmar. We look forward to a continued, successful partnership with Thaicom.”

Paiboon Panuwattanawong, CEO of Thaicom, added, “Thaicom is proud to have been chosen for the expansion of Forever Group’s broadcast and content delivery platform. The capacity expansion agreement is in line with our business plan of providing the satellite capacity needed to fuel the fast growth the Asian broadcast and media industries have been experiencing. The deal with Forever Group also supports the Thai Government’s initiative to increase trade within the ASEAN region. I would like to thank Forever Group for their continued trust in Thaicom and the opportunity to providing the service quality and flexibility needed to meet their business objectives.”