Industry leader in Ghana will leverage O3b network to expand internet service throughout sub-Saharan region
ST. JOHN, Jersey, Channel Islands -- (BUSINESS WIRE) --
O3b Networks the developer of a new fibre quality, satellite-based, global Internet backbone announced today that Satconsult, Ltd. of Ghana has signed a multi-year, multi-million dollar contract for high speed, low latency IP trunking from O3b Networks. Using O3b Networks' managed carrier service, Quick Start, Satconsult is will expand their services throughout East and West, sub-Saharan Africa.
O3b Networks, funded principally by Google Inc., Liberty Global, Inc. and HSBC Principal Investments, is building the world's first ultra-low-latency, fiber-speed satellite network. The network is designed to improve Internet access for the millions of consumers and businesses in emerging and developing markets. Activation is scheduled for late 2010.
"With over 100 VSATs deployed on the African continent, and as the operator of the largest NGO in the region, we are very excited about the capabilities the O3b Network provides us," said Emmanuel Akuetteh, C.E.O of Satconsult. "For far too long, there has been a price-performance imbalance in Africa for IP backhaul. Now, we will be able to provide anyone, anywhere the same internet experience as those who are large urban city on the coast."
"In a very short period of time, Satconsult has to become an industry leader", said John Finney, EVP of Sales and Marketing at O3b Networks, Ltd. "We believe that with their entrepreneurial spirit and the capabilities of the O3b network they will be able to bring the benefits of a high speed, low latency internet experience to countless people for educational, commercial, and social uses."
About O3b Networks
O3b Networks is building a new fiber-quality, satellite-based, global Internet backbone for telecommunications operators (telcos) and Internet service providers (ISPs) in emerging markets. With deployment scheduled for late 2010, the O3b Networks system will combine global reach and the speed of a fiber-optic network. With investment and operational support from Google Inc., Liberty Global, Inc. and HSBC Principal Investments, the O3b Networks system will provide telcos and ISPs with a low-cost, high-speed alternative to connect their 3G, WiMAX and fixed-line networks to the rest of the world. This will allow billions of consumers and businesses in more than 150 countries to benefit from high-speed Internet connectivity for educational, medical and commercial applications. O3b Networks' headquarters is in St. John, Jersey, Channel Islands. Ground systems and technical development are managed through its wholly owned subsidiary in Englewood, Colorado. For more information visit www.o3bnetworks.com.
CONTACT:
O3b Networks
Mike Serrano
Telephone: 925-915-4835
mike.serrano@o3bnetworks.com