MEASAT: S&P Recommended Buy - Target 2.90
Measat Satellite Systems Sdn Bhd and Boeing Satellite Systems International Inc jointly announced that MG’s MEASAT-3 communications satellite has been shipped from the Boeing
manufacturing facility in El Segundo, California to the Baikonur Cosmodrome in Kazakhstan for a scheduled December launch.
This follows on from launch service provider International Launch Services (ILS) successful launch of ARABSAT’s BADR-4 on Nov. 9 and Eutelsat’s HOTBIRD 8 satellites on Aug. 5 using the Proton Breeze M launch vehicles. The launch of MEASAT-3 has been delayed since the Feb. 28 launch failure of the ARABSAT 4A satellite.
Following the launch, some in-orbit testing is expected which will take several weeks. MEASAT-3 is expected to be commercially available from early 2007 and is consistent with present assumptions.
manufacturing facility in El Segundo, California to the Baikonur Cosmodrome in Kazakhstan for a scheduled December launch.
This follows on from launch service provider International Launch Services (ILS) successful launch of ARABSAT’s BADR-4 on Nov. 9 and Eutelsat’s HOTBIRD 8 satellites on Aug. 5 using the Proton Breeze M launch vehicles. The launch of MEASAT-3 has been delayed since the Feb. 28 launch failure of the ARABSAT 4A satellite.
Following the launch, some in-orbit testing is expected which will take several weeks. MEASAT-3 is expected to be commercially available from early 2007 and is consistent with present assumptions.
Full Report: S&P
posted by Tauke Saham @ 10:43 AM
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