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IPSTAR Enters Malaysian Market with TIME dotCom Deal Signing

September 11, 2007

Nonthaburi, Thailand. Shin Satellite Public Company Limited (“SATTEL”), Asia’s leading commercial satellite service provider and the operator of the IPSTAR broadband satellite, has signed an agreement with TIME dotCom, Malaysia’s leading telecommunication solution provider, to deploy IPSTAR broadband satellite services in Malaysia.

Currently, TIME dotCom provides broadband solutions, with a comprehensive range of services to both domestic and international markets. With IPSTAR, TIME dotCom will be able to expand its broadband service coverage to rural and underserved markets – targeting the government’s Universal Service Obligation (USO) projects, as well as the corporate and retail market segments.

Dato’ Baharum Salleh, Managing Director of TIME dotCom, said, “This collaboration will enable us to provide broadband services throughout Malaysia, whether in the rural or urban areas. It will also support government initiatives, especially the newly announced National Budget 2008, to bring Internet connectivity to the underserved areas”.

“We are honored and pleased to partner with TIME dotCom in providing IPSTAR in Malaysia. TIME dotCom is one of the leading telecommunication providers in Malaysia, with local expertise and experience in providing telecommunications services in the country. We believe that IPSTAR will enhance TIME dotCom’s existing market offerings, with cost-effective broadband satellite services that are available in every part of Malaysia”, said Pradeep Unni, Vice President for International Sales of Shin Satellite.

Pradeep added, “As part of the agreement, we will install the IPSTAR gateway at TIME dotCom’s existing facilities in Kuala Lumpur and will start providing services by the fourth quarter of 2007. We are very excited about the Malaysian market, as we see there is a high demand for satellite broadband services in both the government and private sectors”.

Presently, IPSTAR operates 11 gateways and provides nationwide broadband satellite services in 8 countries: Australia, Cambodia, China, Laos, Myanmar, New Zealand, Thailand and Vietnam.