Kacific Broadband Satellites
Posted
October 2023
Country
Multi-country
In 2019, GuarantCo and the Asian Development Bank co-financed an investment for Kacific Broadband Satellites to provide affordable, high-speed, satellite broadband internet connections across selected countries in Asia Pacific through its first geostationary high-throughput (HTS) satellite: Kacific1
Kacific1 has been pivotal in narrowing the digital divide in the Asia-Pacific, where over two billion people lack broadband access due to cost and infrastructure limitations. Its affordable, reliable connectivity paired with simple terminal kits has empowered communities, improved education and healthcare, drove economic opportunities and fostered regional development and growth.