Measat buys telecom satellite for Asia

Nov 11, 2005

Measat Global has purchased a namesake satellite from Orbital sciences for telecom coverage of Malaysia, Indonesia and points as far away as the Middle East.

A report in Malaysia's Edge Daily said Friday the transaction for the Measat-1R spacecraft was valued at nearly $70 million and would give Measat C and Ku-band coverage and 36 Megahertz of bandwidth for 15 years.

Company officials said in a news release that the deal was prompted by growing demand for leasing on the Measat-3 satellite and the looming need to replace Measat-1.

"Measat is experiencing strong demand for satellite services at our key 91.5E orbital location," said Measat Director Tun Hanif Omar, who estimated that 2 million satellite antennae in the Asia Pacific region were fixed on that point in the sky.

Measat-1R will be located adjacent to Measat-3 at the 91.5 location and become operational at a date that was not revealed.

Copyright 2005 by United Press International

Explore further: Kyocera to bring solar farm transformation to idle golf course

Related Stories

Recommended for you

Shyp reclassifies contract couriers as employees

Jul 03, 2015

Shyp, the quickly growing startup that provides on-demand courier services, said Wednesday it would reclassify its contract workers as employees, becoming the latest high-profile tech company to change how it compensates ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.