SpeedCast International Limited
(ASX:SDA) has been appointed by NEDA Telecommunications to build a satellite connected secured private network for one of the ministry offices for the Government of Afghanistan.
Under this agreement, SpeedCast will build a new satellite-based private network with over 50 sites, and aims to provide a reliable and secure connection that allows improved efficiency and productivity by extending network coverage for the end user.
SpeedCast also announced a multi-million dollars agreement with Multinet Pakistan Pvt Limited, a terrestrial connectivity service provider in Pakistan.
SpeedCast will provide Multinet enterprise connectivity based on the new generation satellite communications technology.
SpeedCast recorded a net profit of $5.91 million at 31 December 2015.
