Today at 11:13 AM (Bangkok time), the share price of Interlink Telecom Public Company Limited (SET: ITEL) stood at THB 1.31 per share, up THB 0.14 or 11.97%, with a trading value of THB 13.32 million. The gains came on reports news of securing a military microwave system contract, with additional anticipation from the drone and anti-drone project, as well as the USO3 project.
Mr. Nuttanai Anuntarumporn, Chief Executive Officer of ITEL, informed “Kaohoon” that the company has recently signed a 99-million-baht contract for a microwave communication system with the military, which is being deployed in multiple key missions.
The company also sees significant expansion potential in the defense industry, particularly in drone and anti-drone projects. These projects are part of the national defense plan, with a total budget framework exceeding THB 5.8 billion. The allocation of this budget is still pending a final decision from the government, with progress expected before the end of this year.
ITEL is expected to participate in the drone and anti-drone projects as a System Integrator, responsible for importing equipment from overseas and integrating various technologies into a complete system to support diverse missions. The core technologies are divided into two parts: Drones and Anti-drone systems.
Simultaneously, ITEL continues to push for government projects and has submitted bids for all five zones in the USO Phase 3 project, with results pending. Clarity on this is expected late this year or early next.
For long-term growth strategy, ITEL is focusing on the Data Center market and hyperscaler clients by positioning itself as a provider of high-speed network connectivity between data centers both domestically and internationally. The targeted customers are global-scale cloud service and data center providers.
Regarding next year’s performance outlook, the company anticipates significant growth, targeting revenue of THB 3.5–3.7 billion or a growth rate of about 10–15%, and expects profits to return to a stable level. This will be supported by the resolution of budget delays, capital increases enhancing liquidity, and ongoing support from international partners facilitating business expansion.
