Orbit Holding Group

Eutelsat acquires Noorsat to build position in Middle East

Satellite operator Eutelsat has acquired Middle East satellite service provider Noorsat from Bahrain’s Orbit Holding Group for US$75 million (€63 million) on a cash and debt-free basis. Noorsat, which was created in 2004, is already the primary distributor of Eutelsat capacity in the Middle east, providing services for over 300 channels almost exclusively delivered from […]