Immediate release
September 20, 1999
APT Satellite Holdings To Provide
VSAT Video conferencing and Video-telephone Systems for
the People's Bank of China, Guangzhou Branch
(Hong Kong) APT Satellite Holdings Limited (the "Group") (stock code: 1045 or ATS) announced today that it has signed a contract in Guangzhou with the Guangzhou Branch of the People's Bank of China to provide the bank video conferencing and video-telephone systems with the use of the VSAT technology. The Guangzhou Branch is among one of the large-scaled regional branches that the Chinese Government has recently structured.
Under the contract, APT Satellite has agreed to utilize its APSTAR transponder systems to set up and install the
VSAT video conferencing and video-telephone systems for the Guangzhou Branch of the People's Bank of China. The
VSAT-based systems will provide services on video conference as well as other telephone, communications and bilateral
data transmission for the Guangzhou Branch to connect and communicate with its subsidiary branches.
Phase I of the two-stage project will commence at the Guangzhou Branch and branches in three other southern Chinese
cities - Shenzhen, Haikou and Nanning. In the Phase II project, the Guangzhou Branch will be connected to 20 cities
in the Guangdong province and the VSAT System will provide high-quality and high-efficiency satellite network service
systems among the branches.
VSAT networks are franchised satellite communication networks that are composed of very small aperture terminals.
The technology can allow users to conduct real-time video conferences and bilateral data transmission.
"With the continued economic development of China, the VSAT networks will satisfy the enormous demand in telecommunications of a large number of nation-wide enterprises in China," said APT Satellite's Vice Chairman and President, Mr. He Ke-rang. "The steady economic development will provide a broad marketplace and business prospects to providers of VSAT networks in China."
APT Satellite will complete by the end of this year the Phase I project to install the VSAT video conference and video-telephone systems for the Guangzhou Branch of the People's Bank of China. It will start the Phase II project as soon as the Phase I project is completed.
When the whole VSAT-based system is installed, it can provide a channel of satellite video transmission which will
enable the Guangzhou Branch to conduct video conferences with a great number of other branches at the same time.
Besides video conferencing functions, the VSAT system can offer a satellite video transmission channel that allows
video-telephone communication as well as bilateral data communications through the data terminals.
- END -
Listed on the Hong Kong and New York stock exchanges, APT Satellite Holdings Limited is a leading provider of satellite transponder services. Currently, it operates three in-orbit geostationary satellites - APSTAR-I, APSTAR-IA and APSTAR-IIR - with a total capacity of 76 C-band transponders and 16 Ku-band transponders. The three satellites cover over 100 countries in Asia, Europe, Africa and Australia, representing a combined coverage of 75% of the world population. APT Satellite provides the satellite transponder and satellite network services for the broadcasting and telecommunications sectors as well as big enterprises around the world. Other corporate information on APT Satellite can be found on its web site: http://www.apstar.com.
Released by : APT Satellite Holdings Limited
Contact: Brian Lo
Tel: 2918 8013 Fax: 2918 9797
Email: aptir@apstar.com
Through : Keith Statham Associates PR
Tel: 2810 8108 Fax: 2868 4116
Contact : Dorothy Lee
Tel: 2801 0037 Email: dorothy@ksa.com.hk
Daisy Wong
Tel: 2801 0036 Email: daisyw@ksa.com.hk
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