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Thaicom Public Company Limited, a major satellite operator and provider of integrated satellite communications services in Asia, yesteday anounced that it had signed an agreement with iSAT Africa Ltd FZC (iSAT) to provide iSAT’s key customers in East Africa with fully managed satellite telecommunications services including satellite backup of its fiber network. iSAT is a African telecommunications provider and a subsidiary of Wananchi Group Holdings. 
Under the agreement, Thaicom will provide Internet Protocol (IP) connectivity via the Thaicom 6 satellite in the case of fiber network outages. The round-the-clock service will enable iSAT Africa to provide their clients with uninterrupted broadband services.

ORIGIN SEEKS SYNERGIES 

Listed firm Origin Property has sold a 49-per-cent stake in four of its subsidiaries to its Japanese partner Nomura Real Estate Development Group, for a combined Bt788.96 million.
The Origin board approved the sale on July 29, said CEO Peerapong Jaroon-ek. He described the joint venture as providing synergies, in that Origin would learn about technology design and both would see business growth in long term.