{"id":87745,"date":"2009-12-21T17:03:24","date_gmt":"2009-12-21T17:43:12","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/norsat-capital-makes-its-debut-investment\/"},"modified":"2026-08-19T14:46:12","modified_gmt":"2026-08-19T06:46:12","slug":"norsat-capital-makes-its-debut-investment","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/norsat-capital-makes-its-debut-investment\/","title":{"rendered":"Norsat Capital Makes its Debut Investment"},"content":{"rendered":"<p>[12-21-09] <strong>Norsat<\/strong>\u2018s investment business, <strong>Norsat Capital<\/strong>, has made its first strategic investment in a Malawi, Africa-based wireless broadband operator <strong>Tonse Solutions<\/strong>, Norsat announced Dec. 18. <br \/>\n&nbsp;&nbsp;&nbsp; Norsat has invested a total of $1.1 million in Tonse, with $468,000 representing a 19.99 percent equity stake in Tonse and $656,000 into a three-year convertible bond carrying an interest rate of 10 percent. <br \/>\n&nbsp;&nbsp;&nbsp; Norsat also received a $937,000 purchase order from Tonse for wireless equipment and software to build a wireless broadband system in Lilongwe, Malawi.The target markets initially will be government, corporate, public and private schools, hospitals, hotels, and NGOs. <br \/>\n&nbsp;&nbsp;&nbsp; As the operation expands in Malawi, the customer base will be expanded to include individual consumers. \u201cThis is an important initiative for Norsat to develop a reference site for our wireless networking division,\u201d Norsat CEO Amiee Chan said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[12-21-09] Norsat\u2018s investment business, Norsat Capital, has made its first strategic investment in a Malawi, Africa-based wireless broadband operator Tonse Solutions, Norsat announced Dec. 18. &nbsp;&nbsp;&nbsp; Norsat has invested a total of $1.1 million in Tonse, with $468,000 representing a 19.99 percent equity stake in Tonse and $656,000 into a three-year convertible bond carrying an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-87745","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87745"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=87745"}],"version-history":[{"count":1,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87745\/revisions"}],"predecessor-version":[{"id":87932,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87745\/revisions\/87932"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=87745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=87745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=87745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}