[SatNews] This latest contract for their up-and-coming satellite brings capacity for a Pakistani company...

NewSat Limited (ASX: NWT; OTC: NWTLY), Australia’s satellite company, has signed a ten year satellite capacity contract with 3A Technology, a leading Pakistani telecommunications provider delivering services to government and enterprise customers that include Mobilink (one of the largest mobile phone operators in Pakistan), Pak Datacom (subsidiary of Pakistan Telecom) and the Government of Pakistan. The commitment is for the purchase of US$134 million of transmission capacity on the Jabiru-1 satellite over ten years. This contract is another major step forward in NewSat’s strategy to become a global leader of satellite services and follows TrustComm’s US$105 million contract signed earlier this month. The two contracts totalling US$239 million, confirm the paradigm shift as NewSat moves from being a reseller of satellite capacity to the owner of satellites. The Jabiru-1 Ka-band satellite capacity purchased by 3A Technology will serve multiple high demand regions within the Middle East, including Pakistan and Afghanistan. The Ka-band capacity will enable 3A Technology to capitalize on future demand for enterprise network expansions, banking and government sectors and the rapid growth of cellular backhaul requirements, as telecommunication companies expand into rural areas and support the deployment of 3G/4G networks.