Laos to launch first satellite
Laos’ first telecommunications satellite (Lao Sat-1) will be launched into orbit on November 21 to spur many facets of development and industry.
The satellite, which is owned by the Lao Sat-1 Joint Venture Company, will be part of a network of satellites in Laos and overseas that provide various communication services. A shareholders agreement for the Lao Sat-1 Joint Venture Company was signed in Vientiane on Friday between the Lao government and three Chinese developers.
“The launch of the satellite by China is a special gift to Laos to mark the 40th anniversary of the Lao People’s Democratic Republic on December 2,” Minister of Posts and Telecommunications Mr Hiem Phommachanh said.