ECONOMY
Mobile operators, banks can take advantage of national satellite resources
Baku, September 12 (AZERTAC). Companies carrying out their activities in mobile communications and banking sphere can take advantage of Azerbaijan’s national satellite resources, the “Azercosmos” LLC said.
Banks wishing to provide banking and financial services in remote areas will be able to take advantage of national satellite resources.
For example, banks can install their ATMs or build service offices in settlements in the mountainous areas where there is no terrestrial communication infrastructure or the use of which is more expensive (if available) and coordinate their activities with the main office through VSAT satellite communications systems.
In world practice banks are actively using satellite communications solutions. For example, Absa Bank which is one of the leading banks in South Africa supports the operations of 1,200 ATMs at 800 points through VSAT satellite communications network. Some 30,000 ATMs of different banks operating in India are using VSAT services.
The same opportunities are available for mobile operators: in locations where the network receives weak signal or in areas beyond the reach of signal, operators do not need to lay fiber-optic lines or construct numerous towers provided for construction. Instead, building only one tower at the last destination and installing VSAT satellite dish there, mobile operators can provide high-quality and trouble-free communication establishing connection with central ATE via satellite communications. Thus, the operators save on costs related to the construction of many towers, their coordination on the terrestrial electric line and line of communication and further support throughout the infrastructure. Apparently, satellite communications offers high competitive solutions in this area. This is the reason why giant telecommunication companies such as Vodafone, MTN and Millicom operating in many countries of the African continent are using satellite communication to provide mobile networks in impassable areas as the core, but in other places as a backup.
Overall, satellite communication plays an important role in providing mobile network in a number of regions of the world (Latin America, the Caribbean, South-East Asia), where the terrain is mostly mountainous or have a large group of islands. It can be underlined that oil and gas industry, health (telemedicine services), education are also among the areas where satellite communication has found its effective application in the world.
Azercosmos LLC is ready to provide relevant satellite services to enterprises and companies.