PanAmSat And Embratel Join Forces To Deliver Telecommunications Services To Remote Areas Of Brazil; Brazil's Largest Telecom Provider Uses PAS-1R for Nationwide VSAT Network.
WILTON, Conn.--(BUSINESS WIRE)--April 9, 2002
PanAmSat Corporation (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SPOT) today announced a sales agreement between its Brazilian subsidiary, PanAmSat do Brasil, Ltda, and Empresa Brasileira de Telecomunicacoes (Embratel), one of Latin America's leading telecommunications service providers.
The collaboration supports Embratel's position as the leading provider of VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. services in Brazil and enhances PanAmSat's growing position in the Latin American market.
"This agreement with Embratel achieves several key objectives. First, it demonstrates the progress that PanAmSat has made in opening up the Brazilian market. Equally as important, it establishes a relationship with one of the most prominent telecommunications carriers in Brazil and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. ," said Tom Eaton, executive vice president, global sales and marketing.
PanAmSat is supplying capacity on its PAS-1R Atlantic Ocean Region satellite to support a nationwide VSAT network for Embratel. PAS-1R's strong coverage has enabled Embratel to expand its reach to some of the most distant parts of the region.
The agreement with Embratel follows the establishment of PanAmSat's Brazilian subsidiary and the opening of its sales office in Sao Paulo in late 2001. Kevin Calderone, a telecommunications and satellite industry executive with in-depth knowledge of the Brazilian market, is heading up the new office as regional director of sales. PanAmSat also plans to open an office in Rio de Janeiro Rio de Janeiro, city, Brazil
Rio de Janeiro (rē`ō də zhänā`rō, Port. rē` thĭ zhənĕē`r later this year.
"Our first contract in Brazil is the result of our aggressive campaign to deliver PanAmSat-quality satellite services to the country's rapidly developing telecommunications market," Eaton said. "We will continue to pursue opportunities in Brazil to expand our presence, while simultaneously delivering the highest caliber of service to our customers in this important market."
Mr. Calderone will be responsible for the introduction of PanAmSat's premier satellite services to broadcast, cable, Internet and telecommunications customers throughout the Brazilian market. These offerings include the company's global program distribution, Internet backbone access, business communications and data services as well as special event and ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. services.
Mr. Calderone comes to PanAmSat from Loral Cyberstar, where he was responsible for attracting new customers for high-capacity Internet services as well as the sale of VSAT hardware and associated equipment. Prior to joining Loral, Mr. Calderone was regional manager for Timeplex, a leading manufacturer of electronic equipment. He began his career at Tekelec, where he served as regional sales manager for the Latin America, Asia-Pacific and Middle East regions. Mr. Calderone was also a commissioned officer in the U.S. Navy.
In July 2001, ANATEL ANATEL Agencia Nacional de Telecomunicacoes (Brazil) , the government agency that regulates all telecommunications services in Brazil, authorized the company's PAS-1R Atlantic Ocean Region satellite to deliver services throughout the country. The authorization provided PanAmSat with direct access to Latin America's leading economy for these services for the first time ever.
The PAS-1R authorization permits PanAmSat to offer value-added services throughout Brazil, including the company's global program distribution, Internet backbone connectivity, business communications, data transmission and webcasting services as well as special event and ad hoc services. PAS-1R, launched in November 2000, is one of the largest and most powerful satellites covering Brazil.
Expansion into Brazil is one of PanAmSat's major strategic initiatives for 2002. In addition to this major market, PanAmSat was successful in opening up Mexico in 2001. The two markets, as well as India, have been identified as growth opportunities for PanAmSat.
PanAmSat Corporation is the premier provider of global video and data broadcasting services via satellite. Operating a global network of 21 in-orbit spacecraft, the company reaches 98 percent of the world's population through cable television systems, broadcast affiliates, DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. operators, ISPs, and telecommunications companies. The company serves the top video and network services customers in the world, such as Disney, AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner, Viacom, BBC BBC
in full British Broadcasting Corp.
Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. , British Telecom, CCTV CCTV
CCTV closed-circuit television , NHK NHK Nippon Hoso Kyokai (Japan Broadcasting Corporation)
NHK Nihon Hoso Kyokai (Japanese Broadcasting Association)
NHK Nihon Hikikomori Kyokai (anime) , Sprint and Telstra and is expanding into new markets like Mexico and Brazil. PanAmSat is 81 percent owned by HUGHES Electronics Corporation. For more information, visit the company's web site at www.panamsat.com.
About HUGHES Electronics
HUGHES Electronics Corporation is a world-leading provider of digital television entertainment, broadband services, satellite-based private business networks, and global video and data broadcasting. HUGHES is a unit of General Motors Corporation. The earnings of HUGHES are used to calculate the earnings per share attributable to the General Motors Class H common stock (NYSE NYSE
See: New York Stock Exchange : GMH GMH General Motors Holden's ).