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Astro Signs Transponder Lease Agreement for Measat-3 Capacity |
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KUALA LUMPUR, Jan. 8, 2007/Satnews Daily/ ― Measat Satellite Systems Sdn. Bhd. has announced the signing of an interim Transponder Lease Agreement (TLA) with Measat Broadcast Network Systems Sdn Bhd (Astro) for initial Ku-Band transponder capacity on the recently launched Measat-3 satellite.
Under the agreement, Astro will lease an initial 5 Ku-band transponders in the Malaysian Ku-Band beam from the commencement of commercial operations of the Measat-3 satellite, expected on February 1, 2007. The interim agreement was signed pending finalization and Astro’s shareholder approval of the long term TLA for Measat-3 satellite capacity which lays out Astro's broader requirements for capacity over the 15 year satellite life.
Measat said its new satellite provides C-band coverage to over 100 countries, representing more than 70 percent of the world's population; and the most powerful Ku-band Direct-to-Home (DTH) coverage for over 160 million TV households in Malaysia, Indonesia and South Asia.
“Measat-3 has been designed in part to support the aggressive growth plans of our existing customer base,” said Paul Brown-Kenyon, Measat COO. “We are delighted to effectively double the capacity used to support the Astro DTH service in Malaysia from the start of commercial operations of the Measat satellite allowing this dynamic company to begin to expand its Malaysian services.”
Measat- 3 Passes Second Step of Commissioning |
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