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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

24 Oct 2014