Satellites are important to us in many ways and their uses have continued to evolve. They facilitate radio and cable television and cellular phone calls over long distances.
A report by the International Telecommunications Union shows that there are 1,819 communications satellites out of about 3,372 active satellites in orbit around the earth as at the end of 2020. With the approval of the supervising Ministry, NIGCOMSAT has created two subsidiary firms – the Satellite Infrastructure Company and the Satellite Broadband and Broadcasting Company – to carry out commercial business on its behalf with strategic partners, while also expanding its business operations.
Meanwhile, NIGCOMSAT Ltd has announced plans to launch two new satellites, NigComSat-2 and NigComSat-3 in 2023 and 2025 respectively, to replace the current NigComSat 1-R, with a life span of 15 years, which is expected to expire in 2026.
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