SES and Eutelsat have sold their Dublin-based joint venture, mobile satellite services (MSS) operator Solaris Mobile, to US-based EchoStar Corporation.
EchoStar acquired 100% of the asset, with EchoStar Satellite Services president Anders Johnson commenting that it now aims to accelerate its advanced mobile services throughout the EU.
“We are excited to build upon the groundwork laid by Solaris Mobile by most immediately bringing with us access to a next generation MSS satellite which will support a wide range of innovative services across the European Union,” said Johnson.
In a joint statement, SES and Eutelsat said that EchoStar was well positioned to “ensure the continuing development of mobile satellite services across the European Union” as it is an experienced operator, familiar with the S-band environment.
Terms of the deal were not disclosed.
22 September 2020 @ 19:00:01 UTC
22 September 2020 @ 17:27:36 UTC