YANGON, July 25 (Xinhua) — Myanmar’s KBZ Gateway company and Asia Satellite Telecommunications (AsiaSat) have extended business partnership for better connectivity service in the country, official media reported Monday.
Expanding VSAT broadband services to clients across the country, the KBZ has expanded its C-band and Ku-band capacity on AsiaSat 4 and AsiaSat 7 satellites for better services in banking and finance, oil and gas industries.
With the expanded capacity, KBZ will be able to offer advanced broadband services up to 100 Mbps.
KBZ has expanded its high-speed broadband network to 300 remote sites for its bank branch network connectivity and 24-hour ATM services, as well as remote oil and gas exploration sites across the country since 2016.
AsiaSat has also planned to launch its next generation satellite AsiaSat 9 to replace AsiaSat 4 in late 2017.
KBZ Gateway is a subsidiary of the Kanbawza (KBZ) group, one of the largest privately-owned company in Myanmar.
Source: The XinhuaNet
