PanAmSat Named 'Best Satellite Operator' in Asia as it Celebrates its Tenth Year in the Region at CommunicAsia 2004
June 15 2004 - 10:30AM
PR Newswire (US)
PanAmSat Named 'Best Satellite Operator' in Asia as it Celebrates
its Tenth Year in the Region at CommunicAsia 2004 Company to
Highlight NHK Agreement, Launch PanAmSat On-Demand Asia and Unveil
Extension to its Global Network Through ST Teleport Strategic
Alliance SINGAPORE, June 15 /PRNewswire-FirstCall/ -- PanAmSat
Corporation (NASDAQ:SPOT) celebrates its tenth year in the
Asia-Pacific market at CommunicAsia 2004, being held from June 15
to June 18, 2004 at the Singapore Convention Center in Singapore.
Named best satellite operator in the region by Telecom Asia
magazine, PanAmSat will highlight its regional milestones and
herald new achievements at this year's show. "As the Company enters
its second decade in the Asia-Pacific marketplace, PanAmSat
continues to be recognized as the best satellite operator by
customers, partners and now officially by the industry," said Mike
Antonovich, executive vice president for global sales and
marketing, PanAmSat. "By developing value-added, end-to-end
solutions, extending our global network and building new agreements
with key customers in the region, we continue to demonstrate our
leadership. Most importantly we continue to improve the ways we
service our customers on every continent with solutions that
transmit broadcast programming, worldwide breaking news and
critical business data anywhere, anytime." During the show,
PanAmSat will highlight various recent programs and achievements in
the region, including: * NHK Agreement: PanAmSat entered into an
agreement with Japan Broadcasting Corporation, NHK, to deliver live
high-definition (HD) sporting events and breaking news via the
company's global hybrid satellite and fiber network. * Best
Satellite Operator Award: PanAmSat was just awarded "Best Satellite
Operator" of 2004 by Telecom Asia magazine. Judged by the Yankee
Group and a panel of experts, the award was presented on the basis
of financial performance, market leadership, technology innovation
and corporate governance. * PanAmSat On-Demand Asia: PanAmSat
On-Demand Asia, is a satellite bandwidth on-demand service
specifically tailored for the Asia-Pacific market. Facilitating the
lowering of bandwidth costs, the product provides customers with
the flexibility to pay for and utilize the satellite capacity on a
per-usage basis. * ST Teleport Strategic Alliance: PanAmSat signed
a new fiber interconnectivity agreement with ST Teleport, a leading
full-service satellite communications solution provider based in
Singapore. The agreement extends the reach of the PanAmSat global
network from Singapore to California, increasing the Company's
ability to deliver its customers' programming via satellite and
fiber to and from the Asia- Pacific and North American regions.
PanAmSat began operations in the Asia-Pacific region with the
launch of the PAS-2 satellite in 1994. Today, operating a hybrid
network of fiber and five high-powered satellites in orbit over
Asia, PanAmSat is able to offer a wide range of services for
businesses and events in the Asia-Pacific region. Customers in the
Asia-Pacific region include NHK, China Central Television (CCTV),
Doordarshan, Korea Broadcasting System, Arirang TV, ABS/CBN, TVB,
NicNet and Telstra. The Company has provided a full-range of
program distribution services including live worldwide transmission
of special events such as the 2000 summer games in Sydney,
Australia, and more recently the 2002 FIFA World Cup from Japan and
Korea. About PanAmSat PanAmSat Corporation (NASDAQ:SPOT) is one of
the world's top three satellite operators managing a global fleet
of 29 satellites, 24 of which are wholly-owned by the Company, for
the delivery of news, sports and other television programming. In
total, this fleet is capable of reaching more than 98 percent of
the world's population through cable television systems, broadcast
affiliates, direct-to-home operators, Internet service providers
and telecommunications companies. In addition, PanAmSat supports
the largest concentration of satellite-based business networks in
the U.S., as well as specialized communications services in remote
areas throughout the world. PanAmSat is 80.5 percent owned by The
DIRECTV Group Inc. For more information, visit the company's web
site at http://www.panamsat.com/. The DIRECTV Group, Inc. The
DIRECTV Group, Inc. (NYSE:DTV) formerly Hughes Electronics Corp.
(NYSE:HS), is a world-leading provider of digital multichannel
television entertainment, broadband satellite networks and
services, and global video and data broadcasting. The DIRECTV
Group, Inc. is 34 percent owned by Fox Entertainment Group, which
is approximately 82 percent owned by News Corporation Ltd.
DATASOURCE: PanAmSat Corporation CONTACT: Media and Investors,
Kathryn Lancioni, PanAmSat Corporation, +1-203-210-8000 Web site:
http://www.panamsat.com/
Copyright
Spotify Technology (NYSE:SPOT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Spotify Technology (NYSE:SPOT)
Historical Stock Chart
From Jul 2023 to Jul 2024