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Intouch says Bt7.7bn claim for broken satellite won’t hit finances

Intouch says Bt7.7bn claim for broken satellite won’t hit finances

November 10, 2020

Intouch Holdings (INTUCH) expects its 2020 turnover to drop year on year due to a decline in Advance Info Services (ADVANC) revenue. Meanwhile, turnover of the firm’s satellite arm, Thaicom (THCOM), is projected to rise slightly after challenges in signing new contracts, according to Tomyantee Kongpoolsilpa, INTUCH senior vice president Portfolio Management & Investor Relations.

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