Nonthaburi, Thailand – Shin Satellite plc has agreed to sell part of its Cambodia and Laos interests to Asia Mobile Holdings Pte Ltd (AMH). Shin Satellite will sell a 49% in Shenington Investments Pte Ltd, for consideration value of US$200 million. Shenington is an investment holding company with a 100 percent stake in Cambodia Shinawatra Company Limited and 49 percent stake in Lao Telecommunications Company Limited. AMH is a joint venture between Qatar Telecom and ST Telemedia It currently holds interests in StarHub Ltd in Singapore and PT Indosat Tbk in Indonesia.
Ad – Before Content
Related Articles
- Limecraft Announces New Platform Update and Preview of MI at MPTS 2024
- CABSAT 2024 to highlight new advancements in media and satellite technology with Content Congress and SATExpo Summit
- ITV and Hera Pictures announce I Fought The Law starring Sheridan Smith
- Hiltron Introduces Field-Upgradable Motorisation Kit for CPI 2385 Satcom Antenna
- Agile Content appoints Koldo Unanue as new CEO to boost the TV Platform business
- Alef UK opens in London with writer/director Gilles Bannier appointed as Creative Director