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Thailand's Shin to launch iPSTAR services in India
By siliconindia
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Thursday, 19 February 2004, 20:30 IST
BANGKOK : Thailand 's Shin Satellite PCL, Asia 's second largest satellite operator, said on Thursday its affiliate Ipstar Co signed a contract with an Indian state agency for high-speed broadband services.
Shin Sat, founded by Prime Minister Thaksin Shinawatra, said in a statement Ipstar would sell up to 400 megabits per second of bandwidth on its new iPSTAR satellite to Software Technology Parks of India (STPI).
The company did not disclose the value of the deal for services such as high-speed Internet access, rural telephones and electronic education.
Along with China , Australia and New Zealand , India is one of the major foreign markets for Shin Sat's new broadband satellite, iPSTAR, which it plans to put into full commercial service in the second half of this year.
Shin Sat, 51 per cent-owned by Shin Corp, the flagship of a telecommunications group founded by Thaksin, operates three satellites covering Asia , Australia , Africa and Europe . Its major rivals include Asia Satellite Telecommunications.