Speedcast will work with MYTV on three-year project
Michael Chan, CEO, MYTV, and Pierre-Jean Beylier, CEO, Speedcast, at the Signing Ceremony in Kuala Lumpur on 21st of November, 2018.
Kuala Lumpur, Nov 23, 2018 AEST (ABN Newswire) - Speedcast International Limited (
ASX:SDA) (SPPDF:OTCMKTS), the world's most trusted provider of remote communication and IT solutions, today announced it will play a key role in Malaysia's effort to switch from analogue TV to digital TV through a Direct To Home (DTH) solution. Speedcast has partnered on the three-year project with MYTV Broadcasting Sdn Bhd (MYTV), the common integrated infrastructure provider providing free digital terrestrial television in Malaysia.
MYTV will be responsible for operating the infrastructure and network facilities for Digital Terrestrial TV (DTT) services throughout the country and will work with Speedcast to extend its coverage via DTH satellite services. Speedcast expects this contract to contribute to its Enterprise & Emerging Markets Division revenue from mid-November 2018.
The shift from analogue to digital in Malaysia is in line with a larger digital shift in the ASEAN region to bring the latest digital content to people around the region. The Malaysian Ministry of Communications and Multimedia commissioned the project, which will be supervised by the Malaysian Communications and Multimedia Commission.
"Migrating an entire country from analogue to digital TV is no small task," says Pierre-Jean Beylier, CEO, Speedcast. "We're looking forward to working with MYTV on this project to bring high-quality digital TV services to Malaysians throughout the country. For this project Speedcast will use technology from the partnership with In Aria Networks announced in September. Speedcast sees significant growth potential in the media business globally and the project with MYTV is another proof point of our increasing relevance in this fast-growing market segment."
"We look forward to the partnership with Speedcast to deliver this key national Digital TV project," says Michael Chan, CEO, MYTV Broadcast Sdn Bhd. "Now that DTH is switched on, MYTV's service is available to 100% of the Malaysian population."
About Speedcast International Ltd
Speedcast International Ltd (ASX:SDA) is the world's most trusted communications and IT services provider, delivering critical communications solutions to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. With more satellite capacity than any other provider, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company also integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.
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