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EQS Newswire / 05/01/2023 / 10:16 UTC+8 Silkwave (471.HK) Will Establish JV To Provide Satellite – Internet and Digital Multimedia to 30,000+ Indonesian 【5 January, 2023 – Hong Kong】Asia's largest high-orbit satellite based mobile data connectivity and transmission service provider – Silkwave INC (“Silkwave” or the “Company”, together with its subsidiaries, the “Group”, stock code: 471), is pleased to announce that the Company has entered into a strategic partnership agreement (“Agreement”) with PT Bum Desa Indonesia to form a joint-venture and provide satellite-based Internet connectivity and digital multimedia services to over 30,000 remote villages in Indonesia. The service will allow tens of millions of households to access modern Internet and digital services for the first time. It represents a most cost-effective and scalable last-mile solution to bring about rich digital services to remote villages and promises to help eliminate the Digital Divide and leapfrog Indonesia’s digital economic transformation. The Agreement was collaborated and endorsed by Space Aeronautics Association of Indonesia, and its signing was witnessed in a ceremony held in Hong Kong on 24 December 2022 by His Excellency Djauhari Oratmangun,... |