Intelsat Signs Agreement for REACH Teleport in Asia; Completes Assembly of Worldwide Terrestrial Infrastructure.Business Editors
HONOLULU--(BUSINESS WIRE)--Jan. 20, 2003
Intelsat announced today at the Pacific Telecommunications Conference (PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. ) that it has signed an agreement with REACH to lease teleport services from the company's Stanley Teleport in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . The signing of this agreement represents the completion of Intelsat's assembly of its global terrestrial infrastructure that is used in offering GlobalConnex(SM) Solutions, its portfolio of end-to-end, integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. services.
Intelsat customers will be able to use the teleport facilities in Hong Kong for uplinking, downlinking and DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. platforms, in addition to Internet and private line services. The teleport's location in Hong Kong gives it visibility of Intelsat satellites in both the Pacific and Indian Ocean Indian Ocean, third largest ocean, c.28,350,000 sq mi (73,427,000 sq km), extending from S Asia to Antarctica and from E Africa to SE Australia; it is c.4,000 mi (6,400 km) wide at the equator. It constitutes about 20% of the world's total ocean area. regions, thereby serving a large number of customers worldwide.
Some of Intelsat's GlobalConnex(SM) customers, including the Civil Aviation Authority Civil Aviation Authority civil (Brit) n → Behörde f für Zivilluftfahrt (CAA Caa
See CCC. ) of Mongolia, currently use REACH's Stanley Teleport as one component of their end-to-end communications solutions. CAA, one of Intelsat's Internet Trunking customers, is using the Stanley Teleport in combination with the Intelsat 601 satellite.
"The completion of Intelsat's complementary worldwide terrestrial infrastructure is an important step in the evolution of our company from strictly offering space segment to being a flexible and reliable end-to-end solutions provider," stated Ramu Potarazu, President and COO, Intelsat Global Service Corporation. "Customers worldwide have wanted solutions that make their lives easier and businesses more efficient, and we answered their call to action by evolving our network to directly meet their needs."
In addition to Hong Kong, Intelsat's end-to-end network infrastructure now includes teleports in California, Maryland California is a census-designated place and community in St. Mary's County, Maryland, United States. The population was 9,307 at the 2000 census. California continues to grow with the spread of population out from the older adjacent community of Lexington Park and the growth in and Germany as well as fiber interconnected Points of Presence in Los Angeles, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Frankfurt and London.
Intelsat, Ltd. offers telephony, corporate network, video and Internet solutions around the globe via capacity on 25 geosynchronous satellites in prime orbital locations. Customers in approximately 200 countries rely on Intelsat satellites and ground resources for quality connections, global reach and reliability. For more information, visit www.intelsat.com.
REACH is a 50-50 joint venture between Hong Kong-based PCCW PCCW Pacific Century CyberWorks
PCCW Palmer College of Chiropractic West (San Jose, California) Limited and Australia's Telstra Corporation Limited. It is Asia's largest international carrier of combined voice, private line and IP data services. It is also one of the world's top ten carriers of international voice traffic. REACH's products and services include an extensive portfolio of voice, data, IP and satellite connectivity. The company has interests in more than 50 submarine cable and satellite systems (including Asia's largest teleport), and operating licences and landing rights in most major markets including Hong Kong, Japan, Korea, Taiwan, Singapore, Australia, North America and Europe. REACH is headquartered in Hong Kong, with a significant presence in Australia and substantial businesses across Asia, North America and Europe. The company posted annualised revenue for fiscal 2001 of US$1.396 billion and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become US$434 million. For further information, please visit www.reach.com
Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. These forward-looking statements reflect our intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside our 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. Because actual results could differ materially from our intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in these news releases 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.