Safe position: Debts undertaken by Astro have been hedged till maturity in both its principal and interest rates.
PETALING JAYA: Astro Malaysia Holdings Bhd
’s unit has inked a US$360mil (RM1.49bil) agreement with Measat Global Bhd to use 12 transponders on the latter’s satellite over a 15-year period.
The pay-TV operator announced yesterday that its unit – Measat Broadcast Network Systems Sdn Bhd (MBNS) – had signed the agreement with Measat Global to use the transponders’ capacity on the Measat-3d satellite.
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