SingTel signed a transponder purchase agreement with Asia Broadcast Satellite (ABS) for multiple C-band transponders on the ABS-2 satellite at a cost of about $55 million over two years, SingTel announced.
  SingTel will market these transponders to corporate customers under the brand ST-3/ABS-2.
  “With the new ST-3/ABS-2 transponders, SingTel will enable businesses to grasp opportunities in emerging markets where communications infrastructure is often limited. The satellite will cater to increasing customer demand for fixed and mobile satellite services, IP-based solutions, Maritime VSAT, as well as broadcast and DTH services,” Bill Chang, executive vice president of SingTel’s business group, said in a statement.
  The ABS-2 satellite, contracted to Space Systems/Loral for construction, will be launched in late 2011 or early 2012.