Global Invacom Partners PT ANTA Mediakom

RNS Number : 1956B

Global Invacom Group Limited

15 June 2016

 

Global Invacom Group Limited

PT ANTA Mediakom To Deploy Up To 14,000 Global Invacom VSAT Terminals In Indonesia To Boost Satellite Connectivity

London, 15 June 2016 - Global Invacom Group Limited ("Global Invacom" or "the Group"), a satellite communications ("Sat Comms") equipment provider listed on the Singapore Exchange and the U.K. AIM Market, has partnered with PT ANTA Mediakom to deploy up to 14,000 Very Small Aperture Terminals ("VSAT") to an Indonesian customer to facilitate communications and online financial services.

PT ANTA Mediakom, a telecommunications equipment distributor and systems integrator specialising in VSAT and radio, has commenced shipping the first 4,500 C-band VSAT terminals designed and developed by Global Invacom's U.S. subsidiary Skyware Global.

By 2017, PT ANTA Mediakom is expected to ship a total of 14,000 VSATs to facilitate two-way high-speed satellite communications. The VSATs can be rapidly installed on buildings where traditional land-based fibre optic cables have not been laid previously or are insufficient to meet demand.

Founded in 2001, PT ANTA Mediakom's existing client base includes government agencies and corporations in Indonesia. It will scale up to tap available opportunities across the country, which has a population of over 250 million people. 

Global Invacom Executive Chairman, Mr Tony Taylor, said: "This strategic venture enables us to tap Indonesia's growing demand for financial services. Our collaboration with PT ANTA Mediakom underscores our strong track record in the satellite communications market and marks our continued penetration into Southeast Asia, enabling us to consolidate our presence in this promising market."

Mr Danny Sudirman, General Manager of PT ANTA Mediakom, added: "Through Global Invacom's Sat Comms technology, we can offer our clients the latest reliable online services. We are confident that our expanded suite of services will boost sales and add value for customers as income growth and purchasing power in Indonesia continues to rise."

**End of Press Release**

For media queries, please contact

Matthew Garner

Chief Financial Officer

Global Invacom Group Limited 

8 Temasek Boulevard    #20-03 Suntec Tower Three Singapore 038988 [phone]

Freeman House John Roberts Business Park Canterbury CT5 3BJ [phone]

On behalf of Global Invacom Group Limited:

finnCap Ltd (Nominated Adviser and Joint Broker)

Ed Frisby / Christopher Raggett (Corporate Finance)

Rhys Williams (Corporate Broking and Sales)

[phone]

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

[phone]

Bell Pottinger LLP (UK Financial PR)

David Rydell / Lucy Stewart

[phone]

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Grace Yew, [e-mail] 

[phone]

About Global Invacom Group Limited

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K.

Global Invacom is a fully integrated satellite equipment provider with seven manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.

On 24 August 2015, Global Invacom completed the acquisition of Skyware Global, a leading U.S.-based designer and supplier of satellite antennas products and services for C-band, Ku-band and Ka-band frequency platforms, positioning itself as the world's only full-service outdoor unit supplier.

Global Invacom provides a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in TV peripherals, computer peripherals, medical, and consumer electronics industries.

For more information please refer to www.globalinvacom.com 

 

END

 

 

NRAFIMFTMBBBBMF