New Skies to triple capacity for India

By Our Special Correspondent

NEW DELHI, MARCH 20. New Skies Satellites has launched a second digital video broadcast (DVB) platform to carry Internet traffic from the subcontinent based on ``extremely strong demand'' for service.

A third platform is planned for implementation later this year, thus tripling capacity for Internet-over-satellite services in India.

``India is experiencing tremendous growth in the need for Internet connectivity. This is being fuelled by growth in media applications for Internet and new users vying for access. We are fully committed to meeting the needs of this market,'' said senior company official, Mr. Srini Prasanna.

New Skies has five satellites in geosynchronous orbit and ground facilities around the world. Headquartered in The Hague, it is only one of the three fixed satellite service companies with `truly' global satellite coverage.

It began operations as a commercial spin-off from Intelsat, the international satellite communications organisation in November 1998 and completed an initial public offering in October 2000. The company generated revenues of close to $200 million in the year 2000.

Send this article to Friends by E-Mail

Section  : Business
Previous : 'India, Canada should improve economic
           cooperation'
Next     : BoB to scout for third partner for insurance JV