Cabletel Communications' TTV Stirling Subsidiary to Supply Equipment for Israel's First Direct Satellite Service.MARKHAM, Ontario--(BUSINESS WIRE)--Sept. 27, 1999-- Cabletel Communications (AMEX AMEX See: American Stock Exchange :TTV TTV Transfusion Transmitted Virus TTV Total Thickness Variation (semiconductor wafer planarity) TTV TechTV TTV Total Transaction Value TTV Tapping the Vein (band) TTV Target Test Vehicle , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :TTV) today announced that its Stirling Connectors subsidiary has secured a contract to supply equipment to help launch Israel's first Direct Broadcast Satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ) service. The contract is estimated to generate up to US$3 million in revenue to Cabletel. Stirling Connectors, Cabletel's manufacturing division, has been selected by Regev Outsourcing International Procurement Ltd. to supply custom-built connectors to YES, an entity of Bezek Communications (Israel's telephone company). YES is launching the first DBS service in Israel. "We chose Cabletel because their people understood our technical needs and could deliver on time and on budget," explained Ami Regev, General Manager of Regev International. Bruce Buck Bruce M. Buck is a founding managing partner of the London office of U.S. law firm Skadden, Arps, Slate, Meagher & Flom (J.D., Columbia University 1970; B.A., Colgate University 1967). He is also Chairman of Chelsea Football Club. , Vice President-Sales & Marketing of Stirling Connectors, termed the arrangement with Regev an example of the growing interest in Stirling products from companies around the world. "We are pleased to be working with Regev to develop innovative products and solutions to the communications sector in Israel and other export markets." Regev International Outsourcing and Procurement Ltd. is a leader in Israel in distributing a wide range of technical products to the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . Cabletel Communications is the largest full-service distributor of broadband equipment to the Canadian television Canadian television may refer to:
Except for the historical information in this document, it includes forward-looking statements that involve risks and uncertainties including, but not limited to, quarterly fluctuations in results, the management of growth, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management expectations. |
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