PanAmSat Signs Global Distribution Deal With China Radio International
April 11 2005 - 12:24PM
PR Newswire (US)
PanAmSat Signs Global Distribution Deal With China Radio
International Radio Network's 36 Channels Will Reach Listeners
Around the World SYDNEY, Australia, April 11 /PRNewswire-FirstCall/
-- PanAmSat Corporation announced today that it entered into a
multi-year agreement with China Radio International (CRI), China's
sole overseas radio network. Under the terms of the agreement, CRI
will leverage the power of three of PanAmSat's satellites - the
PAS-8 Pacific Ocean Region satellite, the PAS-9 Atlantic Ocean
Region satellite and the PAS-10 Indian Ocean Region satellite.
Through PanAmSat, China Radio International will reach listeners
around the world in eight different languages via its 36 audio
channels. "PanAmSat will now serve as the global platform for the
worldwide delivery of China Radio International's programming
bouquet, enabling the network to reach listeners on every corner of
the earth," said David Ball, vice president, Asia-Pacific,
PanAmSat. "This significant agreement offers CRI the versatility,
reliability and comprehensive coverage that they need as they
expand their service offering." PanAmSat will provide C-band
capacity on PAS-8, PAS-9 and PAS-10 and turn-around service at its
Napa, California teleport to facilitate the global distribution of
CRI's programming. The network will initially broadcast in eight
languages and plans to expand to 39 over time. Its programming fare
includes 200 hours of daily airtime comprised of news, music,
commentary and entertainment. PAS-8, an FS 1300 model satellite
employing 24 C-band and 24 Ku-band transponders, is located at 166
degrees east longitude. The satellite provides comprehensive
coverage of the Asia-Pacific region, including high-power Ku-band
spot beams that cover Southeast Asia, Northeast Asia and Australia.
PAS-9, a Boeing 601 HP model satellite employing 24 C-band and 24
Ku-band transponders, is located at 58 degrees west longitude and
offers comprehensive coverage of the Americas and the Caribbean.
The satellite serves more than a dozen of the world's most
prominent international broadcasters and programmers who deliver
their content throughout the Americas. The PAS-10 satellite, a
Boeing 601 HP model satellite, employing 24 C-band and 24 Ku-band
transponders, is located at 68.5 degrees east longitude and offers
comprehensive coverage of Europe, Africa, the Middle East, the
Indian subcontinent and Asia. Many of the beams can be switched
between the various regions, offering flexibility in the creation
of new platforms for the delivery of video, data and IP-based
services. About China Radio International Founded on December 3,
1941, China Radio International (CRI) is the only overseas
broadcaster in the People's Republic of China. Owned and operated
by the state, its mission is to enhance friendship and
understanding between the Chinese people and people in other
countries. In addition to its broadcasts in 43 languages, CRI also
runs multimedia websites, TV programs and publishing houses. About
PanAmSat Through its owned and operated fleet of 23 satellites,
PanAmSat (NYSE:PA) is a leading global provider of video,
broadcasting and network distribution and delivery services. In
total, the Company's in-orbit fleet is capable of reaching over 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. For more
information, visit the Company's web site at
http://www.panamsat.com/. DATASOURCE: PanAmSat Corporation CONTACT:
Kathryn Lancioni of PanAmSat Corporation, +1-203-210-8000 Web site:
http://www.panamsat.com/
Copyright
Panamsat (NYSE:PA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Panamsat (NYSE:PA)
Historical Stock Chart
From Jul 2023 to Jul 2024