Azerbaijan rents 43% of Azerspace-1 telecommunication satellite resources to Measat operator
Baku. Nijat Mustafayev – APA
-Economics. 42-43% of Azerbaijan’s Azerspace-1 telecommunication satellite resources was rented to Malaysian Measat satellite operator, said the Chairman of Azerkocmos OJSC Rashad Nabiyev.
According to him, the rental payments will be paid from March. Nabiyev also noted that this market is very profitable and competitive, the prices are fixed by market: “I think, the prices proposed by Azerbaijan are competitiveness”.
Chairman also stated that according to agreement signed subject to insurance of Azerspace-1 satellite, in cases of any accidents in orbit, Azerkosmos will be able to continue its Azerspace-1 project.