Thai Firm Buys STM Wireless Equipment

STM Wireless Inc. said it has sold $2.8 million of networking equipment to Thailand’s Samart Telcoms.

STM Wireless said its equipment will be used to link a banking network, a voice and video network, and to monitor and control oil wells and pipelines throughout the country.

Samart Telcoms, a unit of Samart Corp., provides satellite communications services in Thailand. STM Wireless makes wireless communications products.