VN: Second satellite to be launched in 2012

VN: Second satellite to be launched in 2012

Vietnam Posts and Telecommunications Group (VNPT) will be the main investor of Vinasat-2 satellite project with the planned investment capital of USD 290-350 million.

The purposes of launching Vinasat-2 satellite are to push up the development of Vietnamese telecom markets, to meet the customers’ demands and take full advantages of the available infrastructure of Vinasat-1 and to train Vietnamese IT specialists in order to develop satellite information technologies in Vietnam.
 
It’s said that the first satellite of Vietnam – Vinasat-1 that was launched on April 19, 2008 with total investment capital of USD 300 million has so far used about 70 percent of the satellite capacity. It’s expected that the satellite would use 100 percent of capacity in 2010.