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By pooling agreed capacity from these neighbouring satellites in
the strategically located orbital slots of 93.5E and 91.5E, the
JV will be able to provide C-band satellite services to over 70
per cent of the world's population, and Direct-to-Home (DTH) quality
Ku-band satellite services to over 160 million TV households across
South Asia, Malaysia, Indonesia, Australia and Indochina.
The JV, which will be equally owned by the two companies, represents
a significant breakthrough and major step in the ongoing cooperation
between the Indian and Malaysian satellite sectors. The move is
to develop a satellite neighbourhood for millions of broadcasting
and telecommunications customers across the wider Asia Pacific region,
says an official release.
According to the release, Indian Prime Minister Dr Manmohan Singh
and Malaysian Prime Minister YAB Dato' Seri Abdullah Ahmad Badawi
witnessed the signing of the landmark agreement.
"We have been working closely with Measat across a number
of areas over the last few years, including the provision of consultancy
services to Measat for the procurement of its satellite" says
Antrix executive director KR Sridhara Murthi. "We are excited
to be able to extend our cooperation through this joint venture,
and position INSAT to be a leading satellite system serving the
wider Asia-Pacific market."
As part of the ongoing cooperation between the two organizations,
Measat has also signed a Letter Of Intent with Antrix to procure
a new satellite, MEASAT-4, from ISRO. The satellite will provide
additional Ku-band capacity for the Measat fleet, as well as the
opportunity for the Indian and Malaysian space communities to work
together.
Detailed discussions on technical and commercial issues are at an
advanced stage, with the satellite expected to be procured for scheduled
launch Q1 2007.
"We have used Indian Space technology and expertise on the
MEASAT-1 and MEASAT-3 programs," says Measat Satellite Systems
director Y.Bhg. Tun Haji Mohammed Hanif Omar. "We are pleased
to be able to work with ISRO and Antrix on a new satellite which
will further our joint interests across the region," Tun Hanif
concludes.
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