Asia-Pacific is becoming a major DTH platform with 400 channels reaching 27 million TV households.

Our launch program continues into 2010 with three satellites slated for launch, one from our sister-company, SES ASTRA and another two from SES WORLD SKIES serving the North America region. We will be integrating and rebranding the Protostar-2 satellite into our global fleet to support our activities in Asia, and India in particular.

Last November, our parent company, SES, announced that it is investing USD75 million in O3b Networks to support the development of their high-speed satellite internet network serving the other three billion without broadband access around the globe. This is an exciting new development for SES WORLD SKIES and we??re looking forward to collaborating with O3b in serving our customers around the globe, in particular in Asia, where many areas remain without broadband access.

On your activities in India

SES WORLD SKIES has delivered a steady stream of important new business wins throughout the emerging markets that it serves, especially in Asia-Pacific, where it is becoming a major DTH platform with 400 channels reaching 27 million TV households. SES WORLD SKIES is also helping to bridge the digital divide, providing satellite capacity for broadband internet services to multiple countries and regions.

Our business in India is in the form of our support to the market, in association with the Indian Space and Research Organization (ISRO), and Antrix Corporation, its commercial arm. Through Antrix Corporation, SES offers capacity to multiple applications and users in India - we provide DTH capacity from our NSS-6 satellite and currently Dish TV has over 5.5 million subscribers on the satellite.

SES also works with WWIL, the first HITS operator in India, and offers C-Band capacity to assist in the digitization of the cable infrastructure in India.

Over a period of time, we expect to see organic growth for the DTH operators as they seek to offer an evolving mix of services and content to consumers. Our experience in working closely with DTH operators across the globe suggests a strong co-relation between the number of subscribers and the number of channels offered on a platform - hence, if we are to see the kind of subscriber growth predicted by the analysts, a significant growth in the number of channels is also to be expected. 2010 will also see the more widespread deployment of HD services and in many respects the next few years are likely to see a substantial growth in the offering of HD services

For the VSAT industry, we see governmental initiatives as a key driver for growth.

For HITS, with the formalization of the policy, we expect to see a number of operators assisting with this important effort to help with the digitization of India's cable infrastructure and to offer an important avenue for the growth of broadband penetration as envisaged by the Indian government.

All three sets of applications (DTH, VSAT and HITS) and the service providers that use our capacity to offer these compelling services is the key to our success in India, and we hope to continue to work with Antrix/ISRO, our customers, and build on our significant business in India.