Reuters, 24 Feb 2009, Arada Therdthammakun
BANGKOK, Feb 20 (Reuters) - Thailand's only satellite operator, Thaicom PCL THCOM.BK, reported a worse-than-expected net loss in the fourth-quarter on Friday, mainly due to foreign exchange losses and rising operating costs.
Thaicom, 41 percent owned by Shin Corp (SHIN.BK), posted a net loss of 597 million baht ($16.3 million) in October-December, compared with a net loss of 156 million baht a year earlier.
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