Eutelsat has sold its interest in Eutelsat 25B to the satellite’s co-owner Es’hailSat for €135 million.
The satellite generated revenues of roughly €16 million for Eutelsat in full-year 2018 from video services.
The company said the sale will have no impact on its revenue objectives and will be absorbed into the group’s EBITDA margin target.
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10 July 2020 @ 20:00:01 UTC