ISLAMABAD - Pak Datacom Ltd (PDL), one of the largest and most reliable data network operators in Pakistan and O3b Networks - the developer of a new fiber-quality, satellite based, global connectivity solution - have signed a multi-year, multi-million dollar joint venture agreement seeking Pak Datacom as O3bs supplier of services into the Pakistan market. The agreement will provide national and international satellite capacity across Pakistan. This agreement is of great value to the Pakistani market as fiber quality, high-speed Internet. and data connectivity would be provided through satellite to any location of Pakistan where no other connectivity is available. To officially introduce these joint services into the Pakistani market, a launch event was held at a local hotel here on Wednesday. Top executives from many organisations across different sectors including Telecom, Defence and ISPs were present on this occasion with Saeed Ahmed Khan, Secretary IT & Telecom as the Chief Guest. Others who attended the event and spoke on the occasion included Pervez Iftikhar, CEO of Universal Services Fund, Steve Collar, CEO of O3b Networks, Ali Raza Bhutta, Managing Director Pak Datacom Ltd and Ali Akhtar Bajwa, COO of Pak Datacom. Addressing the event, Ali Raza Bhutta, Managing Director Pak Datacom Ltd. gave an overview of the companys achievement in the recent years. He also elaborated on how PDL is playing an integral role in the overall improvement of data communication industry and introduction of new technologies. Steve Collar, CEO of O3b Networks talked about O3bs unique service solution and how it was going to have a positive impact on the region in many aspects. I am pleased and excited about the possibilities our unique Medium Earth Orbit (MEO) technology will bring to the Pakistani market and look forward to seeing the positive impact it has for development to the region, Collar stated.