CEO Morning Brief

VSTECS Appoints SNS Network as Authorised Starlink Equipment Retailer in Malaysia

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Publish date: Wed, 05 Jun 2024, 10:55 AM
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TheEdge CEO Morning Brief
SNS Network Technology Bhd managing director Ko Yun Hung says the deal will allow the company to expand its information and communications technology product range to include Starlink satellite kits across its physical and online stores, as well as to its customers, which include government agencies and commercial enterprises.

KUALA LUMPUR (June 4): SNS Network Technology Bhd (KL:SNS) has been appointed by VSTECS Bhd (KL:VSTECS) as an authorised retailer for Starlink’s equipment in Malaysia.

In a statement on Tuesday, SNS managing director Ko Yun Hung said the deal will allow the company to expand its information and communications technology (ICT) product range to include Starlink satellite kits across its physical and online stores, as well as to its customers, which include government agencies and commercial enterprises.

Starlink's satellite broadband hardware kits come with the Starlink dish itself, along with the base, a router, a power cable, and Starlink cable.

Starlink is a satellite internet constellation operated by Starlink Services LLC, a wholly owned subsidiary of Space Exploration Technologies Corp (SpaceX).

Ko said the appointment marks a new milestone in the company’s ICT product expansion journey.

“SNS will now be offering a complete internet connectivity in Malaysia, from fixed fibre broadband as well as wireless broadband solutions such as 4G and 5G to satellite broadband products,” he said.

At the time of writing on Tuesday, SNS had risen 4.13% or 2.5 sen to 63 sen, with 20.90 million shares traded.

Source: TheEdge - 5 Jun 2024

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