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Thai Ipstar Signs Supply Deal With Indian Co

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Thai Ipstar Signs Supply Deal With Indian Co

BANGKOK --Thailand's Shin Satellite PCL (SATTEL.TH) Monday said its affiliate Ipstar Co. has signed a contract with Broadband Pacenet (India) Ltd. to supply equipment for high-speed broadband Internet service in India.

Under the agreement, Ipstar will provide 1,100 Ipstar user terminals to Broadband Pacenet, Shin Satellite said.

Broadband Pacenet plans to roll out its high-speed Internet service throughout India over one year.

Shin Satellite didn't say how much the contract was worth.

Ipstar delivers broadband access to customers in Asia Pacific markets via satellite.

--Dow Jones 2004-02-02

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