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Americas takes bigger share for Hispasat

The Americas now accounts for well over half of Spanish satellite operator Hispasat’s revenues, according to the company’s year-end financials.

Following the launch of Amazonas 3, the first Ka-band satellite for Latin America, in 2013, the Americas now accounts for 55.6% of the operator’s total revenues of €201.4 million.

Hispasat’s revenue for the year was up 4.35% or 0.57% taking into account exchange rate fluctuations.

The share of Americas revenues was up 2.4% year-on-year, while the share accounted for by Europe and North Africa fell by 2.2% to 44.4%.

EBITDA for 2013 was €163.8 million, up 1.68%.

“Our decisive focus on internationalisation is enabling us to grow and counteract the adverse situation in our source markets,” said Elena Pisonero, chairman of Hispasat.

“Although we continued to invest in 2013, we also intensified our sales efforts to reinforce our customer base with a more diversified and quality offering. This is how we will continue in the coming years.”