{"id":86809,"date":"2010-06-17T01:45:16","date_gmt":"2010-06-16T17:45:16","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/thai-government-in-negotiations-to-buy-stake-in-thaicom\/"},"modified":"2010-06-17T01:45:16","modified_gmt":"2010-06-16T17:45:16","slug":"thai-government-in-negotiations-to-buy-stake-in-thaicom","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/thai-government-in-negotiations-to-buy-stake-in-thaicom\/","title":{"rendered":"Thai Government In Negotiations to Buy Stake in Thaicom"},"content":{"rendered":"<p>Thailand\u2019s government is planning to buy <strong>Temasek Holdings<\/strong>\u2019  stake in <strong>Thaicom<\/strong> for national security reasons after  protesters broke into Thaicom\u2019s facility and used its signal for  anti-government demonstrations in April, government officials announced  June 14.<br \/>\n&nbsp;&nbsp;&nbsp; While the government has yet to make a formal offer, Prime Minister  Abhisit Vejjajiva confirmed to press officials that negotiations are  underway.<br \/>\n&nbsp;&nbsp;&nbsp; Thaicom\u2019s concession expires in 2021. The company was founded by  Thaksin in 1991 and has reported a net loss in three of the past four  years. In its latest quarterly report, released in May, showed Thaicom  cut losses in its first quarter to $4.8 million, down from $6.8 million  in net losses in the 2009 first quarter.&nbsp; The operator said that an 11  percent increase in revenues from satellite services, compared to the  corresponding quarter last year, helped cut losses.<br \/>\n&nbsp;&nbsp; Thaicom is investing heavily into its IPStar broadband strategy and  expects to see an increase in take-up in 2010. At the end of 2009,  Thaicom had sold less than than 200,000 Ipstar user terminals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thailand\u2019s government is planning to buy Temasek Holdings\u2019 stake in Thaicom for national security reasons after protesters broke into Thaicom\u2019s facility and used its signal for anti-government demonstrations in April, government officials announced June 14. &nbsp;&nbsp;&nbsp; While the government has yet to make a formal offer, Prime Minister Abhisit Vejjajiva confirmed to press officials that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86809","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86809"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86809"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86809\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}