Bank Of Baku

Ministry of Communication and Information Technology postpones contract with US company Orbital

Ministry of Communication and Information Technology postpones contract with US company Orbital
# 17 April 2010 11:43 (UTC +04:00)
Baku. Aynur Valiyeva – APA-Economics. Azerbaijan Ministry of Communication and Information Technology will sign a contract on the launch of national communication satellite with the US Company Orbital at the end of this month, minister of Communication and IT Ali Abbasov informed.

According to him, the cause of delay is to comply with company’s request about extend the term for 15 days inasmuch as the assignment of contract takes place in neutral territory.

Launch of satellite is scheduled for June 2012. Cost of the satellite will hit 160 million manat, the ministry said.
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