further payment equating to 65% of order -mid December

Procurement and logistics people are working on the order and the shipping process for delivery of the head end equipment to PGAS's data centre located in Jakarta, Indonesia.

Delivery is targeted for mid December at which time TV2U's CTO Liaqat Fayyaz and his team will install and commission the equipment for live content ingest. Delivery of head-end equipment will release a further payment equating to 65% of the order.