IPSTAR Australia Pty Ltd (IPA), a wholly owned subsidiary of Thaicom Plc, has taken over Australia’s Orion Satellite Systems in a drive to access corporate and enterprise sectors with premium broadband satellite services.
The 100% acquisition of the Australian satellite communication services and solutions provider is expected to strengthen IPA’s operational and management skills, said Suphajee Suthumpun, chairwoman of the executive committee and chief executive of Thaicom.
IPA is the country’s leading satellite capacity provider and a national broadband network (NBN) and retail service provider, providing satellite communication services in Australia and Oceania using Thaicom’s iPSTAR broadband satellite.
IPA acquired 5.96 million shares in Orion Satellite Systems for A$1 apiece.
Mrs Suphajee said the acquisition is also expected to strengthen its end-to-end service capability.
"Given Orion’s vast experience in providing premium satellite services and solutions, it will complement our existing products and services portfolio and drive the take-up of iPSTAR in the enterprise, corporate and government markets in Australia," she said.
Supoj Chinveeraphan, IPA’s general manager, said the acquisition will allow IPA to gain access to Orion’s highly skilled, professional engineering and solutions development team.
He said Orion has a strong reputation for excellent customer service and technical know-how.
"We hope we will be better able to meet the demand from our existing and new channel partners and customers," said Mr Supoj.
Founded in 2003, Orion Satellite Systems offers a market-leading portfolio of value-added satellite communications services in Australia and Oceania.
The company holds a full carrier licence for the provision of telephone and data services to customers in Australia, Papua New Guinea and the Solomon Islands. It continues to focus on providing high-performance solutions to developing countries.
These services are provided through custom-tailored communications systems, primarily what are termed very small aperture terminal-based solutions.