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: Sony broadly releases 'The Interview' in reversal of plans

add to favorites email to friend print save as pdf

Related Stories

Streaming release of 'Interview' test for industry

8 hours ago

Sony's "The Interview" has been a hacking target, a punchline and a political lightning rod. Now, with its release online at the same time it debuts in theaters, it has a new role: a test for a new kind of ...

Recommended for you

Renewable energy companies use new clout in statehouses

Dec 24, 2014

Earlier this year, Ohio became the first state to freeze a scheduled increase in the amount of electricity that must be generated by wind, solar and other renewable sources. The move gave advocates of repealing states' mandatory ...

America's place in the sun: Energy report sets goal

Dec 24, 2014

A recent energy report said that America should build on the recent growth in solar energy by setting a goal of obtaining at least 10 percent of its electricity from solar power by 2030. "Star Power: The ...

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.