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Jakarta Post
The Jakarta Post
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PSN gets $154m to build satellite

  • The Jakarta Post

Jakarta | Thu, December 7 2017 | 01:51 am

PREMIUM Satellite communication provider PT Pasifik Satelit Nusantara (PSN) has finalized a financing agreement worth US$154 million from Canadian lender Export Development Canada (EDC) for the construction of new satellite called PSN VI.

The satellite project, which cost $230 million, is a response to the rising demand of broadband data access in Indonesia.

“Right now even villages and ...

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