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Mabuhay
Satellite Corp., a unit of Philippine Long Distance
Telephone Co. (PLDT), said Tuesday it had sealed a deal
with Viettel Corp., a telecom provider in Vietnam, to
help augment the latter’s network.
In a disclosure to the stock exchange,
PLDT said the deal involves the supply of satellite
bandwidth and services for the satellite-based portion
of Vietnam’s fast growing cellular network.
“This will support the company’s massive
network growth as it aims to support national territory
particularly in areas where terrestrial facilities are
unavailable,” Mabuhay said.
The deal was signed a few months back.
Mabuhay marketing director Johnson
Regalado said in a phone interview that this is the
company’s first business deal with Vietnam. In the past,
it has inked similar deals with other neighboring
countries, including Indonesia.
“We are optimistic on this. Viettel is
one of the fastest growing cellular firms. We believe we
can provide them with the needed satellite bandwidth,”
he said.
The amount of the deal could not be
disclosed, said Mabuhay business manager Reddie Ona.
“What I can tell is that the number of cellular sites
covered by the initial sign off is around 75. But this
could increase up to 250 sites.”
President Gabriel Pimentel and business
manager Reddie Ona signed the deal on behalf of Mabuhay.
Viettel was represented by vice president Le Dang Dzung
and vice director To Van Truong.
Mabuhay is the first Philippine entity
to own and operate a communications satellite.
The company was set up primarily to
establish, own, operate and maintain an international
satellite facility and other forms of telecommunications
equipment capable of international and domestic
communication links to telecommunications, broadcast and
other public utility companies operating in the
Philippines
and other countries.
It is also authorized to purchase, sell
or lease international satellite facilities and capacity
to telecommunications, broadcasting and other public
utility corporations; and to manage, operate and
maintain domestic and international satellite facilities
of other companies.
Mabuhay had successfully launched Agila2
satellite on August 20, 1997 and commenced commercial
operations on
January 1, 1998. Since then, the company has successfully positioned
itself in the competitive international satellite
communications arena by offering video, IP, and
telecommunications solutions for clients in
Asia and
North America.
Agila2, with its Asian and transpacific
coverage, is complemented by the connectivity of PLDT
and by strong entrepreneurial relationships with major
teleport and satellite operators and integrators in Asia
and the US.
With
these networks Mabuhay has been providing
interconnectivity to major fiber and satellite-based
communications networks in Asia and North America. |