NXTDIGITAL and THAICOM sign MoU to enter the broadband-over- satellite market in India


By MYBRANDBOOK


NXTDIGITAL and THAICOM sign MoU to enter the broadband-over- satellite market in India

NXTDIGITAL LIMITED (NDL) and THAICOM PUBLIC COMPANY LIMITED, Thailand (Thaicom) have signed a binding Memorandum of Understanding (MOU) to form a strategic partnership to enter the Broadband-over-satellite (BoS) market and related services in India. The MOU envisages a partnership that includes deployment of BoS systems on India-focused capacity, which could be enhanced to provide future additional capacity on a state-of-art software-defined high throughput satellite; augmenting the existing IPSTAR-1 that is the first broadband satellite in the world and operational over India since several years.

 

Thaicom and NDL will look to provide BoS services immediately on IPSTAR-1 - focusing mainly on the rural footprint of India, comprising 60% of NDL’s customers, through the only HITS (Headend-In-The- Sky) platform in India. The BoS service will focus on providing cost-effective and quality broadband and will give a tremendous boost to delivering education, information, entertainment, health and other services to these markets. It will also look to complement the existing broadband delivery technologies and broadband penetration of NDL’s broadband subsidiary, OIL. The details of partnership elements are being discussed and will be documented in definitive agreements between Thaicom and NDL.

 

Patompob (Nile) Suwansiri, Director and Chief Executive Officer at Thaicom Public Company Limited, says, “We are delighted to ink this MOU with NXTDIGITAL, which is easily one of the best digital platforms groups in India. With our global satellite experience spanning nearly three decades and NXTDIGITAL’s distribution expertise, vast footprint and broadband penetration – we believe that together, we are best suited to delivering broadband over satellite and related services to India, not just at a high level of quality of service, but also cost-effectively. Our engagement and investments reflect our commitment to India, where we have had a presence since 2002, offering broadband over satellite since then.”

 

Vynsley Fernandes, Managing Director and CEO at NXTDIGITAL Limited says, “We have always taken our commitment to the Government’s digital India mission very seriously. With HITS, we now cover over 4,500 pin codes across India with a significant presence in not just rural India but also areas where terrain poses challenges to connectivity. Through this engagement with Thaicom, a global leader in satellite technology, we will look to facilitate digital inclusion across education, healthcare, information & entertainment - by extending satellite-based broadband connectivity and services to our customers there and also to underserved and other poorly connected markets.”

 

Thaicom and NDL will also develop and offer a myriad of global emerging digital solutions - critical to the government’s vision and mission of a resilient digital India. These solutions, already developed and deployed by Thaicom elsewhere in the world include satellite artificial intelligence solutions comprising space-based data technologies for agriculture, disaster relief & natural resource management to public WIFI systems and drones for augmenting rural digital solutions.

 

Both companies have also agreed to set up a Centre for Excellence to develop new satellite and related digital based technologies through artificial intelligence and analytics – leveraging deep-tech research and development that both companies are known for.

 E-Magazine 
 VIDEOS  Placeholder image

Copyright www.mybrandbook.co.in @1999-2024 - All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission of Kalinga Digital Media Pvt. Ltd. is prohibited.
Other Initiatives : www.varindia.com | www.spoindia.org