JERSEY, Channel Islands - Monday, September 26th 2011 [ME NewsWire]
(BUSINESS WIRE)-- O3b Networks announced today that the company entered a multi-year, multi-million dollar commitment with Ozônio Telecomunicações (a Brazilian multimedia communications and Internet service provider) to provide them with low-latency, fiber-speed satellite resources, subject to the launch of, and Brazil’s grant of landing rights for, the O3b constellation of non-geostationary (NGSO) satellites. The commitment will seeOzônio provide Internet and telecommunication services to corporate customers and local government agencies across many remote towns and cities in Brazil’s state of Amazonas. With O3b’s capacity, the people of this region will be able to enjoy Internet access of the same speed and low cost as the more populous parts of the country.
“We are delighted to announce our first commitment in Latin America. We have also now won contracts in Africa, Asia, the Middle East and the Pacific, demonstrating that we are a truly global company. We are proud to be able to work with Ozônio, a company growing and striving to create new Internet and telecommunications solutions for its customers. Upon the successful launch and grant of regulatory approvals, we will help to bring these important broadband services to the Amazon region in the North of Brazil,” said John Finney, Chief Commercial Officer, O3b Networks.
Ozônio plans to use Micro-Data-Centers (MDC) to provide Internet backbone access via O3b satellites and local distribution to high volume customers, including government agencies, cellular operators, electrical companies, oil and gas companies, universities, ports and local ISPs. The MDCs will also incorporate bandwidth optimization platforms and deliver local IT Value Added Services (Email server, Hosting, Backup etc.).
“We are pleased to be among the first to have reserved the O3b capacity that will enable us to assure that our corporate and government customers will have the high speed Internet access they need to maintain and grow their businesses, and to serve the people of Brazil, especially those living and working to sustain and preserve Brazil’s magnificent green frontier of the Amazon region. O3b fits well with the spirit of the Amazon, and will allow Ozônio to implement and provide reliable and consistent high-speed broadband access in the most green-friendly way,” said Yoram Yaeli, CEO, Ozônio Telecomunicações.
About O3b Networks Ltd.
O3b Networks is building a new fiber-quality, satellite-based, global Internet backbone for telecommunications operators (telcos) and Internet service providers (ISP’s) in emerging markets. The O3b Networks system will combine global reach and the speed of a fiber-optic network. With investments and operational support from SES, Google Inc. Liberty Global, Inc. HSBC Principal Investments, Northbridge Venture Partners and Allen & Company, the O3b system will provide telcos and ISPs with a low-cost, high-speed alternative to connect their 3G, WiMAX and fixed-line networks to the rest of the world. This will allow billions of consumers and businesses in more than 150 countries to benefit from high-speed Internet connectivity for educational, medical and commercial applications. O3b Networks is headquartered in St. John, Jersey, Channel Islands.
Ozônio Telecomunicações Ltda.
Ozônio Telecomunicações Ltda. is a Brazilian multimedia communications service provider holding a nationwide license since 2008. The company specializes in delivering data and voice turn-key solutions in regions that are not connected to the nation’s Fiber-Optic network and depend on satellite communication. Ozônio is based in Manaus Amazonas and is owned 60% by IIN Tecnologias Ltda. operating in Brazil since 1999 and 40% by Ozônio Telecom Inc. (a Delaware corporation) that consolidates the interests of its foreign investors.
This press release is for informational purposes only and is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the issuer and management, as well as financial statements. The company does not intend to register any part of the present offering in the United States.
Contacts
O3b Networks Ltd.
Luisa Sorrentino, VP, Marketing Communications
luisa.sorrentino@o3bnetworks.com
www.o3bnetworks.com
Ozônio Telecomunicaçoes Ltda.
Andre Luiz Souza, General Manager
andre@ozoniotelecom.com.br
www.ozoniotelecom.com.br
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