News
02 December 2019

ADB's first satellite financing to expand internet access in APAC

In:
Telecoms and Communications
Region:
Asia-Pacific

The Asian Development Bank has signed a $50 million agreement with Kacific Broadband Satellites International to provide satellite-based, high-speed broadband internet connections to countries in Asia and the Pacific.The project, which represents ADB’s first satellite financing, will...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
04 September 2026

Veri Energy: Bringing a terminal into the transition

Veri Energy, a newly formed subsidiary of London-listed oil and gas producer EnQuest, is leading a redevelopment of the Sullom Voe Terminal on the Shetland Islands into a...

Perspective
09 September 2026

Rudninkai: The return of PPP for defence

The Ukraine conflict has pushed European governments to revisit the use of PPP structures to procure defence infrastructure. The Rūdninkai project demonstrates that the asset...