KT Corporation (KT) and Asia Broadcast Satellite (ABS) announced that they have signed a multi-million dollar deal for multiple C and Ku-band transponders on ABS' satellites, including the new ABS-2 satellite scheduled to be operational by Q1 2013. This will mark the third successful transaction between the two organizations in just over 12 months with the earlier agreements for the sale and purchase of two Koreasat satellites. The ABS-2 satellite will be one of the most powerful commercial … [Read more...] about KT Corporation and Asia Broadcast Satellite sign a multi-transponder Condosat agreement
Asia Broadcast Satellite
ABS acquires Koreasat-3
KT Corporation (KT) and Asia Broadcast Satellite (ABS) announced that they have completed their second successful transaction in less than 12 months with the execution of the agreement for the sale and purchase of the Koreasat-3 satellite. KT and ABS had earlier announced the successful completion of the sale and purchase of the Koreasat-2 satellite. The closing of the Koreasat-3 sale will occur upon the issuance of the necessary US governmental approvals. The Koreasat-3 satellite is a Lockheed … [Read more...] about ABS acquires Koreasat-3
ABS acquires Koreasat-3
KT Corporation (KT) and Asia Broadcast Satellite (ABS) announced that they have completed their second successful transaction in less than 12 months with the execution of the agreement for the sale and purchase of the Koreasat-3 satellite. KT and ABS had earlier announced the successful completion of the sale and purchase of the Koreasat-2 satellite. The closing of the Koreasat-3 sale will occur upon the issuance of the necessary US governmental approvals. The Koreasat-3 satellite is a Lockheed … [Read more...] about ABS acquires Koreasat-3
ABS signs deal with Intersputnik
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 … [Read more...] about ABS signs deal with Intersputnik
ICS Technologies signs capacity deal on ABS-2 with Asia Broadcast Satellite
Asia Broadcast Satellite (ABS) and ICS Technologies Iraq (ICS) announced that they have signed a three year, multi-transponder pre-launch contract for bandwidth capacity on the ABS-2 satellite scheduled to be operational in 2012. ICS Technologies will be leasing Ku-band capacity on the Middle East/N. Africa beam and C-band capacity on the West Hemi beam covering Africa for the deployment of VSAT services. ICS Technologies in an Iraqi registered company that brings together an exceptionally … [Read more...] about ICS Technologies signs capacity deal on ABS-2 with Asia Broadcast Satellite
Asia Broadcast Satellite to acquire Mabuhay Satellite Corporation
Mabuhay Satellite Corporation (MSC) and Asia Broadcast Satellite (ABS) announced that they have signed an agreement for the sale and purchase of the business of MSC. The closing of the transaction will occur upon the issuance of the necessary regulatory US governmental approvals. MSC's Agila-2 satellite is a Space Systems/Loral FS-1300 spacecraft launched in August 1997. The satellite has a payload consisting of 24 Standard C-Band and 6 Extended C-Band transponders covering Asia from India to … [Read more...] about Asia Broadcast Satellite to acquire Mabuhay Satellite Corporation