IpStar Subscription Growth Slows in 2007

摘要

Satellite-fleet operator Shin Satellite Public Co. Ltd. of Thailand reported a drop in revenue in 2007 compared to 2006, blaming slower growth in subscriptions to its IpStar satellite-broadband service and the rise in value of the Thai baht, Shin announced Feb. 20. Shin said sales from satellite transponder leasing and related services, including the broadband service, totaled 3.98 billion baht ($127 million), down 8.7 percent from the previous year.