Satnews Daily
February 17th, 2020

Intersputnik Delivers $300K to Upgrade the Isatcom VSAT Network

Intersputnik's delegation, headed by Director General Vadim Belov, meets in Ulaanbaatar with the winning bidder of First Tender Under Business Development Program.
In January of 2020, Intersputnik transferred to the Mongolian operator Isatcom LLC an interest-free loan in the amount of $300,000 for the purchase of a hub station and user terminal equipment to be used to upgrade and expand Isatcom’s VSAT network in the territory of Mongolia.

Made available under a program for the development of satellite telecommunications business in the member countries of Intersputnik, which has recently been approved  by the Board and the Operations Committee, this loan will help Isatcom implement a project to update the existing satellite network, offer advanced telecommunications satellite services in Mongolia, and further develop up-to-date satellite services in the country.

The main purpose of the approved Development Program is to assist the member countries of Intersputnik in carrying out innovative space projects that include satellite telecommunications, satellite radio and video broadcasting, the manufacture of satellite and telecommunications equipment as well as to upgrade ground satellite telecommunications segments.