The auction of ProtoStar 1 has been delayed by a fortnight due to newly-expressed interest from potential buyers. Originally scheduled for 14 October 2009, that date now becomes the deadline for bidders to express preliminary interest. Bids are now due 23 October, with the auction rescheduled for 29 October. Industry sources say interest has been such that the ProtoStar 1 satellite could sell for at least double its original estimated price. The auction of ProtoStar 2 could also be delayed. Asian satellite operators contacted by Television Asia Plus were unable to comment, although the press have reported Thaicom’s potential interest. Bermuda-based ProtoStar filed for Chapter 11 bankruptcy in July 2009.
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