Australian telco Optus this morning announced it will be launching its tenth satellite – called Optus 10.

The satellite will be delivered in 2013 and be built by US firm Space Systems/Loral in California.

The new satellite will expand the company’s services in Australia and New Zealand, offering satellite communications to both Australian and New Zealand governments as well as major TV networks in both countries, Seven Network, Nine Network, Foxtel, ABC, SBS and Sky TV New Zealand.

Optus’ satellite business in Australia was originally an Australian government business called AUSSAT.

Unable to compete with Telstra due to its charter, the business reportedly had debts of $400million by 1990 after launching its first satellite in 1985. However, the Australian government decided to sell off AUSSAT coupled with a telecommunications license to the newly-formed Optus Communications group.

Similar Posts:

Clip to Evernote