Video: China to provide SL's first communication satellite

29 May 2013 05:40 am - 15 - {{hitsCtrl.values.hits}}

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China's Great Wall Industry Corp. has signed a contract to provide Sri Lanka's first communication satellite.

The company, in which China Aerospace Science and Technology Corp. has an equity interest, is China's only authorized provider of commercial satellite launch services to the global market, the official media said. The contract will help further expand China's growing presence in the strategically located Indian Ocean island nation.

The deal, whose financial and other details were not disclosed, was signed Tuesday in the presence of Chinese President Xi Jinping and visiting Sri Lankan President Mahinda Rajapaksa.

It is part of an agreement between the two countries to expand bilateral trade, investment and cooperation in agriculture, space technology and infrastructure, China Daily reported. Last year, bilateral trade totaled $2.68 billion, up 19.6 percent from 2011.

The satellite to Sri Lanka will be based on the DFH-4 satellite platform, which would provide telecommunications and broadcasting services to Sri Lanka and its neighboring countries and regions, the report said.

China Daily, quoting a source, said several countries intend to buy the services from Sri Lanka.

The Chinese company said as of May it has launched 43 satellites and 37 launch services for foreign clients, covering 18 countries and regions in Asia, Europe, Africa, the Americas and Oceania.

China hopes to have a 10 percent share of the global satellite market and 15 percent of the world's commercial launch market by 2015, China Daily reported.

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Comments - 15

ANTON Wednesday, 29 May 2013 05:48 AM

Because we could not communicate with the earlier one.

nalaka Wednesday, 29 May 2013 05:57 AM

when that stops working whose goonna go to space to fix it ??

Ramanan Wednesday, 29 May 2013 06:04 AM

What happened to 1st Salletlite? No news about it after big showoff.

Chewing Gum Wednesday, 29 May 2013 06:12 AM

Satellites for commercial voice and data communication is a thing of the past. It is now used for DTH (Direct to Home) TV. Here again India has been doing it for decades.

dIREsTRAITS Wednesday, 29 May 2013 06:43 AM

You mean our first female president ? :)

weha Wednesday, 29 May 2013 07:08 AM

Yeap satellite communication is too costly. only used in to provide backup lines.

Muditha Wednesday, 29 May 2013 07:04 AM

So this is why MR's younger son join the tour. And getting more prominence than ministers.

Mutu Wednesday, 29 May 2013 07:08 AM

Rocket Rohitha of course.

Chewing Gum Wednesday, 29 May 2013 07:11 AM

Unless this satellite may be used for military, spy or weather.

Nirosh Wednesday, 29 May 2013 07:22 AM

Our President always try to makes new relationship with other countries and he ever continuing it’s. Why because we are one family in the universal village

Chewing Gum Wednesday, 29 May 2013 07:35 AM

Even backup, the bandwidth does not match what is offered on fiber.

Premalal Wednesday, 29 May 2013 07:46 AM

China will provide anything you want but at a price.

Concerned Wednesday, 29 May 2013 07:50 AM

Can we get down the one we sent to the orbit earlier with so much of pom and pageantry and put it in the museum?

Lankashantha Wednesday, 29 May 2013 08:05 AM

Our leaders forget that we are one of the third world country where civilians are struggling to get daily meals.

ranil.k Wednesday, 29 May 2013 08:13 AM

What?

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Video: China to provide SL's first communication satellite

Comments - 15

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