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By Chua Hian Hou
A $200 million contract to build a new satellite that offers improved capacity and footprint, the ST-2, has been awarded to Japan's Mitsubishi Electric Corporation.
Mitsubishi is expected to deliver the SingTel-Chunghwa Telecom satellite by 2010, in good time to replace the aging ST-1 satellite which will be mothballed in 2011.
ST-2, in which Singapore Telecommunications has a 62 per cent stake, will 'offer significantly greater capacity as well as wider coverage than ST-1 to also include emerging markets such as the Middle East', the telco announced on Tuesday.
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