NewSat signed a contract with a southwest Asia-based...

NewSat signed a contract with a southwest Asia-based telecom company. The contract is for the supply of $160.47 million of capacity on Jabiru-1, NewSat said in a news release. The customer plans to provide cellular backhaul and very small aperture terminal services to Pakistan, Afghanistan and the Middle East over 15 years, NewSat said. The satellite is expected to launch in 2015 and $644 million in pre-launch contracts have been secured, it said. “For commercial reasons the customer’s identity cannot be disclosed at this time.”