Shin to finance new broadband satellite

Shin Satellite PCL, operator of the Thaicom satellite system will fund its new broadband satellite IPStar-1 project via a combination of equity, pre-sales of bandwidth and export financing.

Shin Satellite Public Company Limited (SSPCL), Thailand's only satellite operator, plans to fund the cost of construction of a new broadband satellite IPStar-1 via a combination of 15% equity stake and 85% export financing. 

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