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Newsat Ltd secures additional $26 mln of revenue on Jabiru-1


Wednesday, 8 Jan 2014 06:05pm EST 

Newsat Ltd:Says it has secured a new Jabiru-1 satellite capacity contract with a publicly listed South West Asian telecommunications company.Says the contract is for the supply of $160.47 mln of Jabiru-1 satellite transmission capacity over Pakistan, Afghanistan and the Middle East over a 15 year term.Says for commercial reasons the customer's identity cannot be disclosed at this time.Says the contract replaces a mutually terminated $134 million contract announced in August 2011.Says the Jabiru-1 Ka-band satellite capacity will enable the customer to provide cellular backhaul and enterprise network services across the rapidly growing regions of the Middle East and South West Asia. 

Company Quote

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24 Oct 2014