CORRECTING AND REPLACING Leading Central African ISP Signs High Capacity Deal with O3b Networks

  CORRECTING AND REPLACING Leading Central African ISP Signs High Capacity
  Deal with O3b Networks

 Bandwidth to provide vital connectivity across Democratic Republic of Congo

CORRECTION…by O3b Networks

Business Wire

ST. HELIER, Jersey -- March 18, 2013

In second paragraph, first sentence, 500 Megabytes should read 500 Mbps.

The corrected release reads:

    LEADING CENTRAL AFRICAN ISP SIGNS HIGH CAPACITY DEAL WITH O3B NETWORKS

 Bandwidth to provide vital connectivity across Democratic Republic of Congo

On the verge of launching its next-generation satellite constellation, O3b
Networks today announced a major long-term capacity deal providing highly
resilient and affordable capacity to the leading ISP in the Democratic
Republic of Congo.

The agreement will provide for over 500 Mbps of ultra low-latency capacity to
deliver high-speed broadband services throughout the Democratic Republic of
Congo (DRC), a country of more than 70 million people, including 10 million in
the capital city of Kinshasa alone.

As part of the agreement, O3b’s next generation IP trunking solution will be
deployed to provide international capacity in addition to offering mobile
backhaul services to connect both urban hubs and rural villages with ultra
high-speed broadband at ultra low latencies and cost. The innovative offering
is a long-awaited technological leap in a region held back by its own
remoteness in land-locked Africa and reliant upon limited and expensive legacy
satellite solutions. Under this agreement, O3b Networks will deliver a new
level of connectivity, with fiber-like speed and quality featuring sub 150
millisecond latencies and breakthrough affordability and reliability.

“Kinshasa and neighboring Brazzaville are home to more than 12 million people
who until now have been without broadband connectivity,” said Omar Trujillo,
VP Africa, O3b Networks.” By delivering highly affordable and ubiquitous
bandwidth with the performance and speed of fiber, DRC will instantaneously
move from one of the worst connected to one of the best connected places on
the planet, spurring rapid economic and social development in the region.”

About O3b Networks Limited

O3b Networks Limited is a global satellite service provider building a
next-generation satellite network for telecommunications operators, Internet
service providers, enterprise and government customers in emerging markets.
The O3b system will combine the global reach of satellite with the speed of a
fiber‐optic network providing billions of consumers and businesses in nearly
180 countries with low‐cost, high‐speed, low latency Internet and mobile
connectivity. O3b Networks’ investors include SES, Google, Liberty Global,
HSBC Principal Investments, Northbridge Venture Partners, Allen & Company,
Development Bank of Southern Africa, Sofina, Satya Capital and Luxempart. O3b
Networks is headquartered in St. Helier, Jersey, Channel Islands.

Contact:

O3b Networks
Luisa Sorrentino, +31 629508524
VP, Marketing Communications
luisa.sorrentino@o3bnetworks.com
www.o3bnetworks.com
 
Press spacebar to pause and continue. Press esc to stop.