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Golden Telecom Signs with Intelsat For Another Ten Years
London (SPX) May 17, 2004 Intelsat announced Thurday that Golden Telecom, Inc., a leading facilities-based provider of integrated telecommunications and Internet services in Russia and the Commonwealth of Independent States, has signed a 10-year contract with Intelsat for Ku-band satellite capacity for a major expansion of its telecom and Internet services in Russia and Central Asia. Golden Telecom, a long time user of the Intelsat system, purchased this capacity in addition to its existing multi-transponder contracts with Intelsat. The additional capacity, totaling over 60 Mhz, is provided over satellites located at the 60 degrees E and 83 degrees E orbital locations. An expanded number of Internet, data and regional voice services can now be provided to Internet Service Providers, major business centers, hotels, banks and other corporations that Golden Telecom serves. "Internet and corporate network services in Russia are growing rapidly, requiring that telecom providers continually improve and grow their networks," said Michal Cupa, COO of Golden Telecom. "Using Intelsat for our connectivity ensures that we have the network flexibility to expand and grow our business as and when it is needed to accommodate increased public demand for our services." Yuli Wexler, Vice President, Europe Sales for Intelsat's Data, Carrier and Internet unit, stated, "Intelsat helps our customers grow their businesses in existing markets and expand into new ones by providing them with the constant support and flexibility necessary to respond quickly to changing market demands. We are pleased that Golden Telecom has come back to Intelsat to fill its additional requirements." Russia falls under the footprint of all of the nine Intelsat satellites that provide coverage of the region. Because of its size, Russia is the only country in the world able to utilize satellites located in any or all of the three ocean regions. In addition to Golden Telecom, Intelsat currently serves major oil & gas operators, banks, ISPs, television networks and international and national operators in Russia by providing corporate network, Internet, data and other services. Related Links Intelsat Golden Telecom SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express
Global View: Ebbing Tide Of Money
Washington (UPI) May 15, 2004For four years, ever since Federal Reserve Chairman Alan Greenspan began to slash interest rates, the tide has been coming in: a relentless tide of money that has lifted stock markets, house prices, bond prices, trade, growth. And not just in the United States but around the world. Houses in Australia, bonds in Moscow, pesos in Mexico: they have all been floating on the rising global pool of money. Now the tide is turning. |
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