mu Space and Advanced Technology Company Limited, a provider of satellite technology and space services, by Mr. Varayuth Yenbamroong, Chief Executive Officer and Mr. Samathorn Teankingkaeo, Chief technology officer join “Open sky 2020 seminar”, Both of them were speakers on the topic of ” Transforming Thai Satellite Business To drive the economy 4.0 ”
The strength of mu Space that will be different from the other players in the market is an ability in Customization, we can change the service and offering the products to the customers’ needs quickly. And when there is a liberalization of competition in this business Will greatly benefit the expansion of mu Space’s satellite business, mainly focusing on providing data transmission services
It is expected that by 2020, mu Space will grow to 300% after satellite liberalization. The liberalization of competition in this business is good. Having said that, the satellite is already free. The liberalization of competition in Thailand will create alternatives option for users. mu space’s customers are both corporate and government levels. with liberalization that will create opportunities for new satellite companies. More incoming mu space’s current goal is to focus on the data transmission business.
The competition of the satellite business is to open the competition in 2 dimensions, which is the competition in both the space (Space Segment) and the ground (Ground Segment).
Gives an opportunity for many companies to compete to develop Thai satellites into space And allows many companies to compete to be able to use foreign satellite channels in Thailand or (Landing Right), in order to allow more new companies to compete in investment in Thailand even more By liberalization in 2 areas, if one opens too much without an appropriate balance, it will cause the other side to experience problems as well.