Asia Broadcast Satellite (ABS) and the Intersputnik International Organization of Space Communications (Intersputnik) announced that they have signed a substantial multi-transponder lifetime lease agreement for capacity on board the ABS-2 satellite expected to launch in 2012. This multi-million dollar agreement with Intersputnik will represent the largest customer to date on the ABS-2 spacecraft for the lifetime lease of multiple Ku-band transponders on the new ABS-2 Russia/CIS Beam for Direct-to-Home and Video Services. Intersputnik’s core business is leasing satellite capacity to telecommunications operators, broadcasters and corporate customers under agreements with partner operators as well as providing full scale services for the establishment and operation of satellite network through its subsidiary Intersputnik Holding Ltd.