Thaicom, a publicly owned subsidiary of Intouch Holdings PCL, is headquartered in Thailand. Founded in 1991, with approximately 400 employees, the company reported $89.2M in revenue as of 2025, and functions as a tier 2 media tech buyer. It operates as a satellite operator and provider of satellite and telecommunication services, managing a fleet of four satellites that provide coverage across Asia, Oceania, and Africa.
The Thai government initiated legal action against Thaicom and Gulf on September 8, 2026, seeking ฿1.26 billion over a 35-year-old Shinawatra satellite concession, a case Thaicom rejects. The dispute involves six disputed asset groups, encompassing lost income and staff training. Previously, on September 6, Kasikorn Securities softened its negative stance on Thaicom after a joint conference call where Gulf and Thaicom addressed the legal dispute concerning the transfer of concession assets to the Ministry of Digital Economy and Society (MDES). Earlier the same day, Gulf Development's CEO dismissed the reported THB 1.2 billion claim as misleading during an analyst meeting, stating expectations for a swift resolution without complications. This dismissal followed news that the Cabinet approved legal action against Thaicom and Gulf, seeking roughly THB 1.26 billion in penalties and damages. Also on September 6, Finansia Syrus Securities and UOB Kay Hian Securities anticipated limited financial or operational fallout for both companies from the proposed claim, while acknowledging a potential impact on near-term investor sentiment.
Thaicom offers 3 products in the media tech and media and telecoms services industries. Thaicom's product portfolio comprises of telecoms, media managed services and media and TV services.
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Thaicom's revenues were $89.2M in 2025. Caretta Research has split Thaicom's revenue into 3 different product categories, the largest of which is consumer broadband, which represents 67% of Thaicom's revenue.
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