Myanmar to launch own satellite system in 2019
ANI | Updated: Oct 23, 2017 19:22 IST
To establish state-owned satellite system, the three ways - Condosat, which is to lease the use of satellite transponder of another country, joint ownership system and total ownership system - are needed to be done, the Myanmar Times quoted Vice President U. Myint Swe, as saying.
The project will cost about USD 155.7 million.
The Vice President urged the committee to put the Indefeasible Right of Use (IRU) of the transponder as an unchangeable provision in the contract.