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NewSat Limited wins US$13.6M satellite communication services contract

Published: 10:00 26 Jun 2014 AEST

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NewSat Limited (ASX:NWT) has secured a US$13.6 million teleport customer contract with an Asian telecommunications company.

Under the agreement, NewSat will provide satellite communication services over three years using steerable capacity on Russian Satellite Communications Company Express AM3 satellite.

This supports the company’s diversification strategy.



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