Article: PLDT eyes new satellite service providers

PHILIPPINE Long Distance Telephone Co. (PLDT) said it is in talks with two satellite providers after its existing one filed for bankruptcy in the US.

"We need a satellite operator to reach our subscribers; otherwise we can't hit 99 percent of the subscribers," Napoleon Nazareno, PLDT president, said.

He said Mabuhay Satellite Corp.'s (MSC) Agila 2 satellite reaches its end-of-life sometime between 2010 and 2011. MSC is a PLDT subsidiary.

Earlier, PLDT said it paid $27.5 million for the use of C-band transponders on the ProtoStar 1 Satellite from 2011 to 2017. ProtoStar Satellite Systems Inc. and its affiliates ProtoStar I Ltd., ProStar II Ltd., ProtoStar Asia Pte. Ltd. each filed ...

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