The First High-Throughput Satellite owned by Indonesia
Project Summary
Project Code | : | XPSN-PSN356-09TENW |
Project | : | Satellite Telecommunication |
Sector | : | Telecommunication and Informatics |
S&E Categorization | : | B-3 |
Location | : | Covering Indonesia and Southeast Asia territory |
Status | : | Active |
First Disclosure Date | : | June 2022 |
Summary
In June 2022, IIF participated in providing a syndication loan facility to finance a private telecommunication company that provides a full range of satellite-based telecommunication services.The satellite was manufactured in 2017 and successfully launched from the Kennedy Space Center in Orlando, US to its orbital location and has been fully operated since October 2019. The satellite is the first High-Throughput Satellite owned by Indonesia that can reach all corners of Indonesia and covers the entire Southeast Asia region. This project is considered as a ‘door opener’ to the future satellite projects and part of IIF’s continuous contribution to the telecommunication infrastructure development in Indonesia.
Project S&E Documents
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Last Update: June 2022