sitemaps.org/schemas/sitemap/0.9/sitemap.xsd BrandArena: No plan to acquire two new satellites at $701 million - NigComSat

Tuesday 5 January 2016

No plan to acquire two new satellites at $701 million - NigComSat

Nigerian Communications Satellite Limited (NigComSat) said it has no plan to acquire two new satellites at $701 million.

In a statement issued by NigComSat's Head of Public Affairs, Adamu Idris, discussions on the launch of two satellites have not been concluded. It was confirmed that the inauguration of a multi-million dollars Satellite System for the Government of Belarus would however be carried out as planned.

Known as Belintersat-1 Satellite and operated under the auspices of NigComSat-1R, the Satellite system would be launched on January 16, 2016 in China.

The Managing Director of NigComSat, Mrs Abimbola Alale insisted that the NigComSat-1 which was reported to have been lost in space in 2007 after 18 months of operation was only de-orbited because of technical challenges especially power supply, stressing that the new NigComSat-1R is a direct replica of it with similar functions.

According to her, NigComSat-1R launched in 2011 was built from the proceeds of the fully insured NigComSat-1 without any additional cost to the federal government.

NigComSat-1R will also provide CSM services to monitor the performance of Belintersat-1 and transmit the data in real-time to Belarus for the life of the satellite, Mrs Alale said.

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