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Telenor Signs 3-Year Communications Deal With Neste Oil

 
OSLO, Norway, June 8, 2005/Satnews Daily/ — Telenor Satellite Services, a subsidiary of Telenor of Norway (Oslo Stock Exchange: TEL and NASDAQ: TELN), announced on Tuesday the signing of a three-year communication agreement with Neste Oil Corp. of Helsinki, Finland for maritime broadband services.

Under the terms of the contract, Telenor will provide Sealink Ku-Band services onboard 11 tankers with all vessels scheduled to have Sealink service by August of this year. Sealink's Ku-Band service provides Neste Shipping with high-speed data communications coverage throughout Western Europe.

Offering maritime broadband communications at speeds of up to 2 megabits per second, Telenor's Sealink service enables efficient and cost-effective 'at sea' communications for ship operations including Internet access, video conferencing, e-mails, faxes, and telephone calling. 

The Sealink system offers one of the industry's most advanced shipboard satellite communications solutions available today, complete with the highest reliability for maritime Very Small Aperture Terminal (VSAT) communications.

Pål Jensen, vice president of Telenor said the Sealink systems now being installed aboard these tankers give Neste Shipping the ability to extend its corporate communications network to each of these 11 vessels.

Telenor is one of the world's largest providers of broadband services at sea, with more than 350 systems operating on ships around the world. Neste Oil is a leading independent northern European oil refining and marketing company. Neste Oil focuses on high-quality traffic fuels and other high value-added petroleum products with reduced environmental impact.

 

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