Tag: Dr Dumrong Kasemset

  • Asiasat, Shin Sat conclude frequency coordination agreement

    Asiasat, Shin Sat conclude frequency coordination agreement

    HONG KONG: Shin Satellite and Asia Satellite Telecommunications (Asiasat) have announced that the administrations of China and Thailand have concluded a frequency coordination agreement between both countries.

    The agreement settled all concerned ITU filings of both sides at 120E and 122E for Thailand and China respectively.

    Shin Satellite CEO Dr. Dumrong Kasemset was quoted in an official release saying, ” We have to thank the governments of both China and Thailand for their continual support, leading to a reasonable and equitable resolution. We believe that with this agreement the customers using satellites located at the two slots will be protected from interference. This is also a good example of how Asian regional satellite operators can cooperate for the benefit of all.”

    Asiasat CEO Peter Jackson added, ” This agreement demonstrates that the normal ITU processes work exceptionally well in cases where potential harmful interference could occur between satellites. The agreement between AsiaSat and Shin Satellite fully protects Asiasat’s clients in China and Australia from the signals at Ku band generated by iPSTAR.

    “Asiasat’s Ku band clients will be able to use 60 cm antennas for receiving only DTH type applications and 80 cm antennas for two way communications applications. Protection criteria for C band applications were also agreed. This will ensure that clients of both companies do not suffer from adjacent network interference.”

    Turnkey satellite operator Shin Satellite provides a C-band and Ku-band transponder leasing, teleport and other value-added and engineering services to users in Asia, Africa, Europe and Australasia. Shin Satellite owns and operates Thaicom 1A, 2, and 3. Thaicom 1A is located at 120E, and Thaicom 2 and 3 are both located at 78.5E with a total capacity of 49 C-band and 20 Ku-band transponders offering over 70 channels. Thaicom is a hotbird for Indochina and India, an emerging platform of choice for transcontinental Sat TV broadcasts from Europe to Australia.

    Asiasat claims to be the leading regional satellite operator in Asia. It serves over two-thirds of the world’s population with its satellites. The Asiasat satellite system provides services to both the broadcast and telecommunications industries. Over 120 analogue and digital television channels and 90 radio channels are now delivered by the Company’s satellites, reaching over 80 million households, with more than 300 million viewers across the Asia Pacific region. The release adds that many telecommunications customers use Asiasat for services such as public telephone networks, private VSAT networks and high speed Internet and multimedia services.

  • Shin Satellite Increases Net Profit 25% in first half of 2002

    Shin Satellite Increases Net Profit 25% in first half of 2002

    MUMBAI: Shin Satellite Public Company Limited today announced continued growth for the first half of 2002, posting 25 per cent growth in net profit over the first half of 2001, or 804 million Baht, up from 642 million Baht in the same period last year. Consolidated revenue increased to 180 million Baht.

    Satellite service revenue dropped 61 million Baht due to the 1.5 Baht per dollar decline in the value of the US dollar. However, this is offset by the exchange gain of more than 140 million Baht on the dollar denominated debt the company owes, a company release says.

    Dr Dumrong Kasemset, executive chairman of Shin Satellite, noted: “The effect of up to 90 per cent of the company’s revenue and much of its liabilities and debt being in that currency provided the company with a natural hedge against fluctuations in the foreign exchange rate and helped to maintain very stable revenue growth year-on-year.

    “Furthermore, we maintained a steady rise in the utilization of our existing satellites, with C-band utilization moving up to 96 per cent and Ku-band utilization 53 per cent,” he said. “This utilization is being enhanced by use of Ku-band by our iPSTAR customers, and we expect this to continue to strengthen over the year.”

  • Shin Satellites’ profits increase 39% in Q1 2002

    Shin Satellites’ profits increase 39% in Q1 2002

    Thai communication major Shin Satellite has reported consolidated revenues for the first quarter of 2002 of 1,303 million Baht, and EBITDA of 592 million baht. Total net profit for the quarter was 389 million Baht, a rise of 39 per cent from 279 million Baht in the first quarter of 2001. The company experienced a foreign exchange gain of 31 million Baht for the quarter.

    Shin Satellite executive chairman Dr Dumrong Kasemset said, “Revenue from the transponder service business grew to 968 million Baht, and our Internet backbone business, called ProTrunk, played an important role in driving Ku-band utilisation up from 47% to 52%. Also noteworthy was the performance of Cambodia Shinawatra, a telecoms subsidiary in Cambodia, which achieved 240 per cent growth subscriber growth, mainly with prepaid customers, and lifted its revenue 23 per cent over the same period last year, to 134 million Baht.”

    Recent developments made by the company in broadband Internet technology, namely the iPSTAR system, have resulted in more orders coming for services, equipment and consequently more use of bandwidth on our satellites from international as well as domestic clients.”