NXTDigital Limited (NDL), and Thaicom Public Company Limited, Thailand (Thaicom) Tuesday made a joint announcement of having signed a binding Memorandum of Understanding (MOU) to form a strategic partnership to enter the Broadband-over-satellite (BoS) market and related services in India.
The MOU envisages a partnership that includes deployment of BoS systems on India-focused capacity, which could be enhanced to provide future additional capacity on a state-of-art software-defined high throughput satellite; augmenting the existing IPSTAR-1 that is the first broadband satellite in the world and operational over India since several years. Partnership could also be in OneOTT Intertainment Limited (OIL), the broadband subsidiary of NDL and India’s fourth largest private ISP with over 1 million customers and a presence in 150+ cities and towns.
Thaicom and NDL will look to…
