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Satellite
& Cable
February
14 , 2003
AsiaSat, REACH sign AsiaSat 4 lease agreement
HONG KONG -- Asia Satellite Telecommunications Co. Ltd.
(AsiaSat) and REACH have signed a lease agreement for
one C-band transponder on AsiaSat 4.
Peter
Jackson, chief executive officer, AsiaSat, said: "We
are extremely pleased to announce the first lease on
AsiaSat 4 with REACH despite a soft market. This new
deal signals the beginning of the revival in demand
for transponder capacity in the region and an improvement
in the Asian economy. AsiaSat 4's exceptional regional
coverage will fully support REACH's delivery of satellite
services solutions and further strengthen its network
coverage."
Jackson
explained that REACH currently uses AsiaSat 2 to offer
satellite services solutions to global carriers, major
broadcasters and corporate customers and provides tracking,
telemetry and control (TT&C) services to AsiaSat
from its extensive Hong Kong teleport facility.
Rob
Kenny, commercial director, REACH, said: "AsiaSat
has a long track record of excellence in quality service
in the region. This transaction will facilitate unprecedented
access by REACH's customers to the most advanced broadband
satellite communications services in the world. REACH
is the number one provider of voice and data/Internet
traffic in non-Japan Asia and in the top tier globally.
This significant additional C-band capacity on AsiaSat
4 augments our existing flexibility for regional coverage
on AsiaSat satellites and further boosts our ability
to provide seamless regional and global connectivity
for customers."
Contact:
Asia Satellite Telecommunications Co. Ltd.
Tel: +852-2805-6650
Fax: +852-2504-3875
Email: scubbon@asiasat.com
Web: www.asiasat.com
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