Xantic has announced the signing of an agreement with Faslink Communications. Xantic will contribute satellite airtime and business support to Faslink, which is providing a new generation of communication facilities to banks and financial institutions across the Philippine archipelago. Faslink Communications provides complete end-to-end turn-key solutions to the banking industry. Working in partnership with Xantic, Faslink is now able to offer financial institutions in The Philippines a solution based on Global Area Network (GAN) terminals, with Mobile Packet Data Service (MPDS) capabilities. This will provide the missing link to banks located in rural areas, where the current communications infrastructure is neither economical nor reliable.