France : EUTELSAT COMMUNICATIONS purchases GE-23 satellite from GE CAPITAL.
On Thursday, Eutelsat Communications, one of the world's leading satellite operators, announced completion of the transaction to purchase GE-23 satellite, associated customer contracts and orbital rights from GE Capital. The deal has received all required regulatory approvals.
Renamed as Eutelsat 172A, the satellite now forms part of Eutelsat's fleet. Presently, technical and commercial teams is been deployed for ensuring a smooth transition for existing customers.
Eutelsat Communications CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Michel de Rosen Michel de Rosen (born 1951-02-18) is Chief Executive Officer and Chairman of the Board of Directors of ViroPharma Incorporated (since 2002-08-22), President and Chief Executive Officer (since August 2000), and Director (since May 2000. said, We are delighted to announce finalisation of this acquisition that brings three key assets to Eutelsat: 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 172A East, giving us an exceptional platform to serve dynamic markets in the region as well as headroom for further expansion.
CEO added, 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.
The satellite was built by Thales Alenia Space Thales Alenia Space is the company born after Thales had bought the participation of Alcatel in the two joint-ventures between Alcatel and Finmeccanica, Alcatel Alenia Space and Telespazio. and was launched in December 2005 with expected performance for 15 years.
The satellite from geostationary orbit geostationary orbit
A circular orbit positioned approximately 35,900 km (22,258 mi) above Earth's equator and having a period of the same duration and direction as the rotation of the Earth. at 172A East, provides entire coverage over the Asia-Pacific region through a payload of 20 Ku-band transponders accessing five interconnecting beams and 18 C-band transponders connected to a trans-Pacific beam.
2012 Al Bawaba (Albawaba.com)
Provided by Syndigate.info an Albawaba.com company