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Wilton - Oct 29, 2002 PanAmSat and Japan's JSAT Corporation have formed a strategic alliance for the distribution of digital video, data and Internet services across the Asia Pacific market. This alliance complements the original PanAmSat and JSAT joint venture called "Horizons," which supports the construction and operation of a Ku-band satellite over the U.S. Through this new agreement, PanAmSat and JSAT customers will be able to leverage the strength and expertise of each operator in the Asia Pacific region to deliver enhanced digital video, data and Internet delivery solutions to their own customers. "Through this expanded relationship with JSAT, PanAmSat will be able to provide customers with an even greater level of power and service in the Asia Pacific market," said Joe Wright, president and chief executive officer of PanAmSat. "Both the BT and JSAT agreements are perfect examples of how PanAmSat is using joint ventures and alliances in developing markets as a primary strategy for growth. "Rather than launching new satellites as a means of expansion in new markets, we look for opportunities to expand through collaboration and development with a trusted partner. "This strategy results in a wide range of solutions for customers and expanded market access at reduced capital costs. We are excited to have the chance to explore new areas of partnership and growth with JSAT." A leading satellite operator in the Asia Pacific region, JSAT owns and operates a network of eight satellites and two ground facilities. "When two of the most powerful companies in a region collaborate as JSAT and PanAmSat have agreed to do here, both companies will be able to provide customers with the best combined satellite distribution solutions available," said Takuya Yoshida, chief executive officer of JSAT. The signing of the agreement by Mr. Wright and Mr. Yoshida took place in PanAmSat's Wilton, CT headquarters. Through the expansion of the relationship, PanAmSat customers will be able to distribute video programming and data in the Asia-Pacific market, via JSAT's C-band payload on its JCSAT 2A and JCSAT 3 satellites and related ground facilities. PanAmSat customers will also have access to JSAT's extensive range of communications and broadcasting services, as well as to its expertise in broadcasting to the Asian market. JSAT's customers will be able to take advantage of PanAmSat's PAS 2 and PAS 8 satellites, as well as PanAmSat's strong broadcasting capabilities, satellite neighborhoods, and ground facilities in the Asia Pacific region. CommunityEmail This Article Comment On This Article Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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