To converge with global digitalization process, digital broadcast and TV programs is a key mission in developing broadcast and television industry in China. To date, China cable TV users have already exceeded 100 million. By 2008 when China will hold its first ever Olympics Games in Beijing, the growth rate in cable TV subscription is believed to peak high at 9 million a year.
In light of the surging need of satellite communication in China, Telecommunications and Technology Asia Ltd. (TTAsia) and Shanghai VSAT Network Systems Co., Ltd. (SVC) have joined hands to enhance the development of satellite communication in China and Asia. By leveraging each party's strengths and expertise in satellite and telecommunications technology, the partners expect to see a more dynamic growth in satellite multimedia application with improved connectivity and service quality.
In a recent signed agreement, the partnership framework was co-established by TTAsia and SVC to push forward the booming satellite development in China. Focuses have been laid on sharing both parties' resources to drive digitalization of television broadcast and satellite broadband Internet access. Multimedia application through satellite transmission is also incorporated in the partnership plan.
In addition, TTAsia and SVC are committed to pay effort in delivering and enhancing satellite communication services not only in major provinces, but also remote and isolated areas of China, where satellite communication is crucial to connect them to the rest of the world.
"SVC is one of the leading market players in China satellite industry, combined with TTAsia's specialized managed service skill and dedicated human resources, we do not solely wish to spread the benefit of satellite technology to local families or corporate, we would also like to bring China to international customers through this alliance and vice versa." said Dinesh G. Choithramani, Chief Executive Officer of TTAsia, "In return, local satellite industry can be flourished with new brought competition and China economy can be further powered."
"We are foreseeing to create more enriching and versatile multimedia application in China in which various education institutes, government departments and multinational enterprises can no longer hinder their business process by traditional dial-up and unstable broadband connection. Other ISP and content providers are also welcome to augment and add-value to our services." said Jin Hui, Digital Entertainment Director of Shanghai VSAT Network System.
Telecommunications and Technology Asia Ltd. (TTAsia), a member of Shun Hing Group (the sole agent of National/Panasonic products in Hong Kong and Macau), specializes in total managed services and information security services and has presence in over 50 countries worldwide. TTAsia aims to create and facilitate enterprises' awareness on information security and offer a comprehensive and customized managed service solution that can best fit every company's needs.
Shanghai VSAT Network Systems Co., Ltd., is co-invested by Shanghai Social Welfare International Exchange Center and Shanghai Posts and Telecommunications Administration. Approved by Ministry of Posts and Telecommunications, SVC supplies VSAT satellite service to domestic customers. With the complete channel and information resources, SVC has become an important berth with remote radiation capacity in Shanghai information port project.
Issued on behalf of TTAsia
For more information, please contact:
Gary Chao : (852) 2526 5111
email: chao@ttasia.com
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