Axesat Expands Broadband Service Contract with Intelsat; Reaches New Markets.LONDON -- Intelsat today announced that Axesat, a Colombian provider of satellite access services, has renewed and expanded its broadband service See broadband and broadband service provider. contract with Intelsat. The additional capacity is being used to extend Axesat's regional presence to serve existing as well as new customers in areas it previously had not served, such as Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. , Venezuela and Ecuador. Axesat is utilizing Intelsat's managed broadband service, including space segment on the IS-805 satellite located at 304.5 degrees E in conjunction with a broadband hub located in Bogota, Colombia, to provide the expanded services. "Intelsat's continued commitment to technological development in this region, as well as its demonstrated support of Axesat's growth initiatives, gives us an edge in the emerging Latin American broadband marketplace," said Mauricio Segovia, President, Axesat S.A. "Intelsat's reliable management of our broadband network has enabled us to spend our time expanding our business into new areas where we had not previously offered services." As a result of its expanded relationship with Intelsat, Axesat has become the largest provider of satellite-based broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a solutions in Colombia. Intelsat's broadband offering gives service providers the ability to provide broadband Internet access on a proven platform to small and medium sized businesses and small or home offices. It can support last-mile Internet access See how to access the Internet. , e-commerce, FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to , distance learning, Extranet and Intranet as well as virtual private networks. Intelsat's managed service broadband package bundles space segment, teleport Verb 1. teleport - transport by dematerializing at one point and assembling at another science fiction - literary fantasy involving the imagined impact of science on society transport - move something or somebody around; usually over long distances uplink (1) Transmitting from an earth station to a satellite. Contrast with downlink. (2) A port on a network device that is used to connect to another network device rather than a client or server. See MDI port. services, network management and Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. connectivity for customers. Ramu Potarazu, COO, Intelsat Ltd., stated, "Intelsat began offering managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality in an effort to help our customers grow their businesses by reducing the amount of time they committed to managing their network infrastructures. Witnessing Axesat's successful expansion into new markets first-hand is proof to us that our managed service offerings can significantly benefit our customers in the exact way we had intended." About Intelsat Building on 40 Years of Leadership. As a global communications leader with 40 years of experience, Intelsat helps service providers, broadcasters, corporations and governments deliver information and entertainment anywhere in the world, instantly, securely and reliably. Intelsat's global reach and expanding solutions portfolio enable customers to enhance their communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. , venture into new markets and grow their businesses with confidence. For more information, visit www.intelsat.com. Some of the statements in this news release constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " that do not directly or exclusively relate to historical facts, including statements that Intelsat's managed service offerings can significantly benefit Intelsat's customers, allowing them to grow their businesses by reducing the amount of time they commit to managing their infrastructures. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside of Intelsat's control. Important factors that could cause actual results to differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 20-F for the year ended December 31, 2003 on file with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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