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Main » 2013 » March » 13 » O3b Networks and Interactive E Solutions Ink $100m Deal to Revolutionize Broadband Connectivity Across Pakistan
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O3b Networks and Interactive E Solutions Ink $100m Deal to Revolutionize Broadband Connectivity Across Pakistan
ST. HELIER, Jersey & ISLAMABAD, Pakistan - Wednesday, March 13th 2013 [ME NewsWire]

(BUSINESS WIRE)-- With the launch of the first four satellites in O3b Networks’ satellite fleet only 78 days away, O3b announced today a strategic agreement with Pakistan’s largest ICT company Interactive Esolutions. Using multiple O3b beams to provide coverage of the entire country, Interactive will be providing a full suite of services in Pakistan, including trunking services to underserved regions, cellular backhaul for mobile operators and enterprise and e-government services across the country.

O3b Networks will deliver fiber-like speed at sub 150 millisecond latency and affordable prices, opening the door to new applications and growth opportunities for customers in Pakistan.

Mr. Shahid Mahmud, Chairman/CEO Interactive Group said, "We are extremely excited about this agreement as we strongly believe that the Pakistani market offers immense appetite for bandwidth and data. Our customer base varies from Telecom operators to large and small enterprise across the country. We anticipate great demand in the Oil & Gas sector, Health, Education, Shipping and Government sectors. We are happy that Interactive will be contributing to the growth of broadband through this state of the art technology. We firmly believe that together we will usher in a new era of Internet usage proliferating the positive effects of connectivity amongst the people of Pakistan.”

"We are honored to support Interactive Group in continuing their history of technical innovation and service to Pakistan,” said Steve Collar, CEO of O3b Networks. "Pakistan, with its burgeoning population and growing economy is in desperate need for state of the art communications infrastructure. By overcoming the geographical hurdles presented by mountainous terrain, working together with Interactive we can ensure that broadband connectivity is available across the entire country.”

O3b’s unique eight satellite, Medium-Earth-Orbit fleet enables affordable, high-speed connectivity in places where traditional satellite and fiber offerings are unavailable or extremely costly.

About Interactive E Solutions, JLT (an Interactive Group Company)

Interactive Group is the leading ICT provider in Pakistan and provides a vast portfolio of products and services in the ICT domain to the public and corporate sector in Pakistan. Interactive has undertaken large telecommunications infrastructure project like establishing Paktel Limited with Cable & Wireless; now Zong a China Mobile a cellular company, first Nationwide VSAT networks for the Public sector, free to air TV channels over satellite; National Police ICT infrastructure; building tens of data centers; a public safety network that interconnects all the police stations in Pakistan amongst others. Interactive Group’s Ultimate purpose is "To solve pressing issues of society” by leveraging technology to address the challenges of the 21st century.

About O3b Networks Limited

O3b Networks Limited is a global satellite service provider building a next-generation satellite network for telecommunications operators, Internet service providers, and enterprise and government customers in emerging markets. The O3b system will combine the global reach of satellite with the speed of a fiber‐optic network providing billions of consumers and businesses in nearly 180 countries with low‐cost, high‐speed, low latency Internet and mobile connectivity. O3b Networks’ investors include SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b Networks is headquartered in St. Helier, Jersey, Channel Islands.

Contacts

O3b Networks

Luisa Sorrentino, +31 629508524

VP, Marketing Communications

Luisa.Sorrentino@o3bnetworks.com

www.o3bnetworks.com

 

or

Country Manager Interactive Group

Nadeem Safdar

+92-300-8552130

+92-51-2652505-9

Nadeem.Safdar@iacgrp.com

www.iacgrp.com
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