The company expects orders from the satellite television corporation to be worth $1.6 million next year.
Primestar, one of the world’s leading satellite television companies , has chosen Israeli company Foxcom to supply satellite communications systems. Primestar tested the systems in a central residential complex with 300 residents in Chicago. Primestar’s annual sales turnover is some $1 billion.
Foxcom believes Primestar intends to connect about 20,000 subscribers in 1998 via Foxcom’s SDTV system. The company estimates it will receive orders worth $1.6 million from the corporation as a result of these installations.
The SDTV communications system provides the satellite communications industry with the ability to broadcast to multi-resident buildings at low cost through fibroptic cables. SDTV makes it possible to transmit satellite television broadcasts, cable broadcasts, multimedia and Internet services, and security systems to residential buildings on one optic fibre.
The agreement with Primestar is the is the first to be signed following the distribution agreement the Israeli company signed recently with Heifner Communications Inc., the leading company in the US in television broadcasting by satellite.
Published by Israel's Business Arena January 21, 1998