Hughes Network Systems, Inc. (HNS) today announced that it is supplying the Shenzhen Security Communications Co. Ltd. (SSCC) with a comprehensive DIRECWAY broadband satellite network.
The multi-million dollar contract comprises two Network Operations Centers (NOCs) and more than 3,500 DW1000 remote satellite terminals.
SSCC provides database communication services for the Shenzhen Securities Exchange, one of two stock exchanges in mainland China, handling billions of Yuan in transactions annually, with 508 companies listed from across the country. With the DIRECWAY broadband satellite network, SSCC will be able to broadcast vital stock information to stock brokerages across China in real-time, thereby improving the services they provide their customers. Initially deployed as a one-way broadcast system, operational in December 2003, the DIRECWAY network can be expanded easily to a two-way solution as SSCC's needs expand.