PALO ALTO, CA, Dec. 30, 2015 /PRNewswire/ - Space Systems Loral (SSL), a leading provider of commercial satellites, today announced that it was selected to provide a communications satellite to PT Telkom Indonesia (Persero) Tbk, the largest telecommunication and network provider in Indonesia. SSL was informed last week that it is the winner of the procurement of the TELKOM-4 satellite, which will be used for fixed satellite services in Indonesia, India, and Southeast Asia.
"Satellite services are particularly important in regions such as Indonesia where the population is spread over thousands of islands," said John Celli, president of SSL. "For SSL, this is the third satellite for Indonesia that we will add to our backlog and we are honored to play such an important role in expanding the telecommunications infrastructure for the nation and the region."
"Because our country consists of thousands of islands, Indonesia needs satellite technology," said Alex J Sinaga, president director and chief operating officer of Telkom. "Satellite complements our other technologies, such as submarine cable, as the backbone that connects the islands of Indonesia."
The satellite will be based on the highly reliable SSL 1300 platform, which provides the flexibility to support a broad range of applications and technology advances. It is designed to provide service for 15 years or more.
PT Telkom Indonesia (Persero) Tbk is the largest telecommunication and network provider in Indonesia. Serving millions of customers nationwide, we provide a strong portfolio of information and communication services, including fixed wireline, mobile cellular, data and internet, and network and interconnection services, directly or through our subsidiaries. We have broadened our business portfolio to encompass TIMES – telecommunications, information, media, edutainment and services. Telkom's shares are listed in the Indonesian Stock Exchange and its American Depository Shares are listed in the New York Stock Exchange.
Space Systems Loral (SSL) is a leading provider of commercial satellites with broad expertise to support satellite operators and innovative space related missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband Internet, mobile communications, and Earth observation. As a Silicon Valley innovator for more than 50 years, SSL's advanced product line also includes state-of-the-art small satellites, and sophisticated robotics and automation solutions for remote operations. For more information, visit www.sslmda.com.
This news release contains forward-looking statements and information, which reflect the current view of Space Systems Loral (SSL) with respect to future events and financial performance. When used in this news release, the words "believes", "expects", "plans", "may", "will", "would", "could", "should", "anticipates", "estimates", "project", "intend" or "outlook" or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; risks associated with satellite manufacturing, including competition, cyclicality of SSL's end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of SSL's factory and personnel; risk associated with financial factors such as volatility in exchange rates, increases in interest rates, restrictions on access to capital, and swings in global financial markets; risks associated with domestic and foreign government regulation, including export controls and economic sanctions; and other risks, including litigation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects SSL's beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, SSL disclaims any obligation or undertaking to update or revise the information herein.