The GE-23 satellite and related consumer agreements and orbital privileges, previously held by GE Capital, have been acquired by Eutelsat (News - Alert) Communications. Eutelsat has successfully acquired all the necessary regulatory approvals in order to conclude the business deal.
The new name for the GE-23 satellite is EUTELSAT 172A and will be included in Eutelsat's fleet of satellites. Current customers can now make an easy shift to Eutelsat with assistance from the organization’s technical and commercial support teams.
"We are delighted to announce finalization of this acquisition that brings three key assets to Eutelsat,” said Michel de Rosen, CEO at Eutelsat Communications. “First, a high-quality satellite equipped with a flexible payload of C and Ku-band capacity in great demand over the Asia-Pacific region. Secondly, the transaction includes orbital rights at 172 degrees east, giving us an exceptional platform to serve dynamic markets in the region as well as headroom for further expansion. Thirdly, we are acquiring a portfolio of quality customer relationships that we are excited to serve.”
“This satellite adds further ballast to Eutelsat's organic growth initiatives, notably our EUTELSAT 70B satellite which is equipped with a dedicated Asian beam and on track for launch later this year," he added.
The EUTELSAT 172A satellite, which has a projected performance for 15 years, was developed by Thales (News - Alert) Alenia Space. The satellite was initiated in December 2005 at a geostationary orbit at 172 degrees East.
The satellite uses a payload of 20 Ku-band transponders, which can access five interconnecting beams and 18 C-band transponders connected to a trans-Pacific beam, for providing exceptional coverage over the Asia-Pacific region.
Numerous valued clients are offered an extensive assortment of telecom services by EUTELSAT 172A, which applies its wide-ranging coverage and high-bandwidth capability.
Eutelsat Communications has invested in Eutelsat S.A. (News - Alert) Eutelsat is one of top three satellite operators across the globe. The organization currently has 29 satellites, which are being used for providing coverage across Europe, the Middle East, Africa and important areas of Asia and the Americas. A minimum of 4,250 television channels are currently broadcast by Eutelsat satellites to at least 200 million cable and satellite homes in Europe, the Middle East and Africa.
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Edited by Braden Becker