South Korea to slap fine on KT over satellite sales to Hong Kong
Seoul - Yonhap
South Korea plans to slap a fine of 750 million won (US$699,301) on KT Corp., South Korea's No. 2 mobile operator, for selling its retired communication satellites to a foreign company without informing the government, an official said Tuesday. KT is accused of selling satellites Mugungwha 2 and 3 to Asia Broadcast Satellite, a Hong Kong-based satellite operator, for a combined 4.5 billion won in 2010 and 2011, respectively, without informing the government about the sell-off.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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