Business Overview

Radio Broadcasting Business

MCOT operates FM radio broadcasting services in both central and regional areas, with service coverage across Bangkok and other provinces nationwide. On 21 February 2022, MCOT participated in the auction of FM radio frequencies for commercial broadcasting services pursuant to the Act on Organization to Assign Radio Frequency and to Regulate the Broadcasting and Telecommunications Services B.E. 2553 (2010), and the regulations of the National Broadcasting and Telecommunications Commission (NBTC).

As a result, the Company successfully acquired 47 FM radio frequencies, comprising 6 stations in central areas (FM 95.0, FM 96.5, FM 99.0, FM 100.5, FM 105.5, and FM 107.0 MHz) and 41 regional stations, including 6 stations in the Central and Eastern regions, 11 stations in the Northern region, 10 stations in the Northeastern region, and 14 stations in the Southern region. These broadcasting services are capable of covering approximately 33.3% of households nationwide.

MCOT Plc. independently operates its radio broadcasting business, encompassing content production, marketing, and station management. Under the brand “MCOT Radio Network – Connecting Every Generation Across the Globe,” the Company broadcasts a diverse range of informative and entertainment-oriented programs. Guided by the 3C concept—Content, Connect, and Community—the network serves as a platform for delivering news, information, and valuable knowledge that contribute to the development and enhancement of the quality of life of the public and society. It also supports public interests and local communities through broad and inclusive communication.

MCOT Radio Network is committed to reaching audiences of all genders and age groups under the image of a modern radio network. In addition to conventional radio broadcasting, listeners in Thailand and overseas can access both live and on-demand programs via the Internet through the Company’s website at www.mcot.net, as well as through various social media platforms, including YouTube, Facebook, LINE, Instagram, TikTok, and the MCOT Connect application.

Central Radio Stations

MCOT Plc. produces and broadcasts content through its six centrally operated FM radio stations, offering a diverse range of informative, timely, and entertainment-oriented programming. The stations feature a variety of popular music genres and content delivered by experienced hosts, industry experts, and a new generation of highly regarded radio personalities. Programming is tailored to meet the needs of specific target audiences across all genders and age groups, serving listeners throughout Bangkok and its metropolitan area.

Each FM station has a clearly defined target audience and positioning, enabling the Company to effectively deliver content that meets the diverse preferences and lifestyles of its listeners, as follows:

• FM 95 MHz – LTM FM 95 MHz (Lukthung Mahanakhon) LTM FM 95 MHz is a leading country music radio station dedicated to promoting Thai wisdom and culture through popular lukthung music, informative content, and lifestyle-oriented programming. The station caters to listeners of all genders and age groups and consistently maintains its position as the most popular radio station among audiences in Bangkok. Programs are presented by a combination of new-generation hosts, renowned broadcasters, National Artists, music masters, singers, and other respected personalities. In addition to broadcasting throughout Bangkok and its metropolitan area, the station’s programs are transmitted via satellite to MCOT’s regional radio network nationwide. Through continuous program development and audience engagement activities, the station has consistently remained the top-ranked radio station among Bangkok’s radio audience.
• FM 96.5 MHz – Thinking Radio 96.5 Thinking Radio 96.5 serves as a trusted platform for thought leadership and intellectual discussion. Recognized by leaders and professionals across various sectors, the station brings together more than 100 prominent experts and opinion leaders who provide in-depth analysis and insights on economic, social, political, investment, technology, and innovation issues, as well as personal development and life skills. The station operates under the concept of “3C: Connect to the Community with Content,” integrating on-air broadcasting, online platforms, and on-ground events to engage audiences across multiple channels.
• FM 99 MHz – Active Radio Active Radio operates under the concept of “Strengthening the Body, Enriching the Mind, and Promoting Knowledge and Unity.” The station focuses on sports, tourism, health, and recreational activities, encouraging healthy lifestyles and well-being among Thai people. Featuring more than 100 leading sports commentators and experts, the station offers both informative and entertaining content for audiences of all ages. Its distinctive programming has made FM 99 MHz one of the most popular stations among sports enthusiasts and health-conscious listeners.
• FM 100.5 MHz – MCOT News FM 100.5 MCOT News FM 100.5 is a leading News and Talk radio station that commenced operations on 1 February 1993. Guided by a strong sense of social responsibility, the station delivers accurate, timely, reliable, and constructive news coverage. It serves as a platform for promoting public awareness and contributing to the improvement of people’s quality of life. The station provides comprehensive domestic and international news coverage throughout the day, with particular emphasis on ASEAN affairs and in-depth analysis of current events. Through collaboration with Thai News Agency, journalists, volunteer reporters, media partners, academics, and leading commentators, the station fulfills its role as a national broadcasting network and a channel for public alerts and social assistance under the concept “Know the News, Understand the Facts.”
• FM 105.5 MHz – Smooth FM Operating under the slogan “Smooth Your Life, Smooth Music,” FM 105.5 offers an easy-listening music experience through a carefully selected mix of international hits spanning multiple generations, from classic songs of the 1980s to contemporary favorites. Beyond music, the station provides news, knowledge, lifestyle information, and entertainment through a team of well-known and experienced DJs. The station aims to create a relaxing and enjoyable listening experience while bringing smiles to audiences of all generations.

• FM 107 MHz – MET 107 MET 107 is a contemporary international music station featuring the latest global hits, lifestyle trends, and entertainment content under the slogan “For Life and Music.” Programs are hosted in both Thai and English, providing listeners with a modern and internationally oriented listening experience. The station also offers news and information sourced from leading international news organizations, including the BBC.

  Furthermore, MCOT provides nationwide radio broadcasting coverage through two Bangkok-based FM stations that function as flagship network stations, delivering programming to regional radio stations throughout the country, as follows:

  • FM 95 MHz – LTM FM 95 MHz (Lukthung Mahanakhon)
  • FM 100.5 MHz – MCOT News FM 100.5

  The network broadcasts hourly news bulletins every day, comprising 13 news segments per day, each lasting approximately eight minutes. In addition, ASEAN news updates and developments are broadcast on weekdays through eight mid-hour segments, each approximately five minutes in duration.

  In addition, MCOT operates Mellow POP, the leading Music Community Platform for fandom communities and young audiences of all genders. The platform serves as a hub for fans of Thai, Korean, Japanese, and Chinese pop music and is widely recognized as a preferred channel for promoting concerts, events, and entertainment activities to target audiences.

  Beyond its role as an online radio platform, Mellow POP continuously organizes concerts and fan engagement activities, providing opportunities for fandom communities to connect more closely with their favorite artists and idols. As a result, the platform continues to experience steady growth in audience engagement and follower numbers.

Regional Radio Stations

MCOT operates 41 regional FM radio stations nationwide. The management of program content is divided into two operational models as follows:

1. Twenty-six provincial radio stations produce and broadcast local content under the “MCOT Radio Go Green” initiative, which has been implemented continuously and is now in its third year. The initiative promotes the principles of Reduce, Reuse, Recycle, Repair, and Upcycle as part of everyday life, while also organizing environmental activities that foster community engagement and generate revenue in alignment with the MCOT Radio Go Green concept.

2. Fifteen regional radio stations have, since 1 January 2025, rebroadcast programming from FM 95 MHz on a 24-hour basis under the “Lukthung Mahanakhon Plus Network.” These stations are located in Sing Buri, Trat, Mae Hong Son, Phrae, Uttaradit, Tak, Loei, Nong Khai, Nakhon Phanom, Kalasin, Prachuap Khiri Khan, Krabi, Satun, and Pattani provinces. The initiative aims to expand the listener base and create additional revenue-generating opportunities.

For 2025, the 26 regional radio stations continue to produce programming that combines educational and informative content with entertainment, while encouraging active participation from local audiences. Broadcast programming is categorized into four main types, as follows:

1. Local Programs: The 26 regional radio stations focus on presenting local news and information relevant to their respective provinces. The stations have developed the 12:30–13:00 hrs. time slot into a dedicated local news segment, featuring local news stories and activities presented in an easy-to-understand format by DJs using local dialects. Examples include Khao Thiang Mueang Nuea in the Northern Region, Khao Thongthin in the Central Region, Pak Tai Ban Rao in the Southern Region, and Isan 360 Degrees in the Northeastern Region.
2. National Network Programs: Programs broadcast for national benefit include Good Morning ASEAN, Kao Than Khao, Thiang Wan Than Khao, 2 Mum Khao/Thua Thai ASEAN, Thitthang Khao, Royal News, and hourly news bulletins produced by the Thai News Agency. FM 100.5 MHz serves as the flagship station for broadcasting these programs to all MCOT regional radio stations nationwide.

3. In 2025, MCOT further developed program production among regional radio stations through a cluster-based approach to create distinctive content and enhance program popularity. Under this model, stations within each regional management center rotate responsibility for producing programs to be broadcast across stations within the same management center, including:

   • Northern Regional Radio Management Center

     Tonkla Khwamkhit

     MCOT Radio Show Mueang Nuea

   • Northeastern Regional Radio Management Center

     Isan 360 Degrees

     Kotmai Style Ban Ban

   • Southern Regional Radio Management Center

     Bok Khao Yaowarun

     Dan Din Thin Tai

     Pak Tai Ban Rao

   • Central and Eastern Regional Radio Management Center

     MCOT Green Market

   For online content production, regional radio stations produce streaming content that is broadcast simultaneously on-air and through online social media platforms, such as each station’s Facebook page. In addition, the regional radio stations operate a dedicated social media platform under the name “MCOT Across Thailand”, which presents stories relating to culture, landmarks, tourist attractions, local communities, cuisine, and local products from all regions of the country.

As of June 2026

Digital Terrestrial Broadcasting Network and Facility Services Business

MCOT Public Company Limited operates under licenses for broadcasting and television facility services, as well as a license to provide digital terrestrial broadcasting network services based on the DVB-T2 (Second Generation Digital Terrestrial Television Broadcasting System) standard. The Company operates one digital terrestrial television network covering more than 95.1% of households nationwide.

1. Digital Terrestrial Television Signal Transmission Services MCOT provides digital terrestrial television signal transmission services through its national digital terrestrial broadcasting network. Currently, the network carries four television channels as follows:

1. High Definition (HD) Digital Television Channels
   • Channel 9 MCOT HD (Channel 30), operated by MCOT Public Company Limited
   • Thairath TV (Channel 32), operated by Triple V Broadcast Co., Ltd.
2. Standard Definition (SD) Digital Television Channels
   • Parliament Television Station (Channel 10), operated by the Secretariat of the House of Representatives
   • Tourism and Sports Television Station (Channel 7), operated by the Sports Authority of Thailand

2. Broadcasting and Television Facility Services

The Company provides broadcasting and television facility services, including buildings and premises, electrical systems, air-conditioning systems, and antenna transmission systems, to licensed operators of digital terrestrial broadcasting networks. MCOT provides facility services through 4 main stations and 40 gap-filler stations, serving the Royal Thai Army, the Thai Public Broadcasting Service (Thai PBS), and the Public Relations Department.

3. Television Channel Distribution Services via C-Band and KU-Band Satellites

MCOT provides television channel distribution services via C-Band and KU-Band satellite systems to terrestrial television broadcasters that are required to comply with the NBTC’s Must Carry regulations. These services ensure that terrestrial television channels remain accessible to the public through all broadcasting platforms. Currently, the service is provided to Channel 9 MCOT HD (Channel 30), Thairath TV (Channel 32), Parliament Television Station (Channel 10), and Tourism and Sports Television Station (Channel 7).

As of June 2026

Digital and New Business

MCOT has defined the scope of its digital and new businesses in order to provide clearer operational direction in each area. The digital and new businesses comprise digital business services, social media services across all platforms, real estate development projects, and newly initiated businesses developed either in collaboration with business partners or independently by the Company, as follows:

Digital Business

The Company focuses on generating revenue through the production and curation of content on social media platforms, as well as on MCOT’s own platforms. The content is designed to be attractive, creative, and aligned with the needs and behaviors of modern consumers across different platforms. These platforms also serve as channels for public relations activities of MCOT and its business partners, as well as for marketing activities. The Company continuously improves and develops its digital media operations to expand its audience base from traditional media to digital and social media platforms.

New Business

The scope of new business operations is divided into two approaches:

1. businesses developed as extensions of the mass communication business
2. businesses with potential growth opportunities and the ability to generate future revenue streams for the organization.

Examples include asset utilization projects. For businesses in which the Company lacks expertise or specialization, MCOT adopts a partnership strategy with strong business partners in order to develop such businesses into new revenue sources for the Company in the future.

Currently, MCOT’s products and services categorized under digital and new businesses include Digital Media, TV Shopping (SHOP Mania), Content Business, Digital Asset, curriculum development and training services, and artist management services under MCOT Academy.

In addition, MCOT owns four large land plots located in Bangkok, comprising:

• Ratchadaphisek area: 50 rai
• Rama IX headquarters area: 20 rai
• Bang Phai, Phutthamonthon Sai 3 area: 59 rai
• Nong Khaem area: 40 rai

MCOT has established a business expansion strategy through project-based partnerships, investments in the form of mergers and acquisitions (M&A) at the subsidiary level, or joint ventures. Such investments are considered based on market opportunities, consumer behavior trends, business growth potential, and opportunities arising from the continuation and expansion of existing business initiatives.

As of June 2026