Singapore Telecom's Optus orders third D-series satellite |
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Thu, 29 Mar 2007 06:27
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SINGAPORE (XFN-ASIA) - Optus, the Australian subsidiary of Singapore Telecommunications Ltd, said it has placed an order for a third D-series satellite from US-based manufacturer Orbital Sciences Corp.To be delivered in 2009, the Optus D3 satellite will boost the group's satellite fleet capacity by 30 pct, it said.Optus' D1 satellite is already in orbit, while the D2 satellite is expected to be launched into space in late 2007.The company said that with the decision to buy a third satellite, the overall investment for the D-series satellite program has now reached more than 600 mln aud.'The decision to build a third D-series satellite follows continued demand for access, especially for television broadcast services, with companies such as SKY Television in New Zealand and FOXTEL in Australia,' Optus chief executive Paul O'Sullivan said.SKY chief executive John Fellet said Optus' additional satellite capacity will enable SKY to delivernew services such as high definition content.(1 usd = 1.24 aud)singapore@xfn.comjb/mas
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SingTel's Australian unit Optus grows mkt share despite Q3 to Dec earnings fall 