Eutelsat's Increases Hispasat Investment To 27.69%

SPACEMART

As Hispasat prepares to launch another Eutelsat grows closer to the latest GEO transponder service in Europe

Paris - April 21, 2002
Eutelsat S.A. has increased its stake in Hispasat to 27.69 per cent from 21.15 per cent, thereby reinforcing its position as a key strategic shareholder in Spain's national satellite operator.

Eutelsat signed an agreement with Hispasat in August 2001 to enter into the capital of the company with the potential to enlarge its investment.

The increased stake takes Eutelsat's representation on Hispasat's Board of Shareholders from two to three seats.

Operating Spain's regional satellite system that provides services to the Iberian peninsula and Latin America, Hispasat shareholders include Auna, BBVA, Admira (a Telefonica subsidiary) and EADS-CASA. The company manages three Hispasat satellites with a fourth due for launch in 2002.

Its capacity is used for consumer television broadcasting, telecommunications networks, high-speed Internet connections and multicasting.

About Eutelsat Eutelsat S.A. is one of the world's leading providers of satellite communications solutions. With its fleet of 18 satellites and additional capacity on three other satellites Eutelsat provides seamless coverage across four continents, encompassing Europe, the Middle East, Africa, south-west Asia and North and South America. Seven satellites are under construction with launches planned over the next two years.

SPACEMART

Hispasat To Sell Capacity On atrexx

Madrid - Apr 5, 2002
Hispasat, the Spanish satellite communications company and atrexx, a leading telecommunications exchange and consulting agency, signed today a contract for the marketing of Hispasat's satellite capacity.

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.