Today at 01:35 local time, Azerbaijan’s first national telecommunications satellite ‘Azerspace –1’ was launched from Kourou in French Guiana (South America). Launch vehicle Ariane-5 sent it into orbit.
As previously reported, the weight of the satellite is 3.2 tons. The satellite’s temporary position at 46 degrees East Longitude in geostationary orbit is leased from Malaysian operator MEASAT Satellite Systems. After completion of the seven-year process of conciliation with 30 countries of the world whose satellites will coexist with the Azerbaijani apparatus, it will be moved to their own positions - 43.2, 58.5 and 96 degrees East Longitude.
Corporation Orbital Sciences Corporation (USA) built the device for the government of Azerbaijan. According to the Minister of Communications and Information Technologies Ali Abbasov, 20% of the resources of the satellite will be used to meet the ICT needs of the country, while other resources will be available to foreign tenants.
After 7 years of operation, it will be self-sustaining. The 15-year life expectancy of the satellite is insured for $ 17 million. - 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review