Axiata Group Bhd is leasing capacity from Thaicom Public Co Ltd's IPSTAR-1 satellite, which enables Axiata to offer high-speed Internet or broadband in Indonesia.
In a statement today, Axiata said its wholly-owned subsidiary Axiata Business Services Sdn Bhd had signed a four-year, multi-transponder contract for leased capacity and teleport services with Thaicom subsidiary IPSTAR International Pte Ltd.
"The partners inked the deal for Axiata Business Services to purchase the remaining capacity on IPSTAR over Indonesia to deliver Axiata's operating company, PT XL Axiata Tbk, over 1 Gbps High Throughput Satellite capacity for the provision of broadband services in Indonesia," Axiata said.
Under the deal, Axiata said it would be able to provide "broadband services in Indonesia, including broadband access direct to residential and enterprise premises, and cellular network backhaul".
The IPSTAR-1 satellite was launched in 2005, according to Axiata.
Source: http://www.theedgemarkets.com/article/axiata-leases-satellite-capacity-thaicom