Eutelsat on track to meet objectives, says chief

Satellite operator Eutelsat’s chairman and CEO Michel de Rosen said the company is on track to meet its full-year objectives after recording respectable first-half organic growth of 4.3%, despite expectations of a tougher second half by comparison with last year and problems in the Russian market.  Overall, Eutelsat reported revenue growth of 11.6%, thanks in […]

Eutelsat Americas rebrands Satmex fleet

Eutelsat Amercias has renamed its fleet of Satmex satellites, reflecting its strategy of operating under a single brand.  Each satellite in the fleet will now follow the Eutelsat pattern of a number reflecting its orbital position and a letter indicating its order of arrival at that position. Under the name changes Satmex 5 becomes Eutelsat […]

Millicom makes Lat Am DTH move in capacity deal with Eutelsat Americas

International telco and media company Millicom has signed a capacity deal with Eutelsat Americas – formerly known as Satmex – to support its recent move into the Latin American satellite pay TV market. Millicom has signed a multi-year contract for capacity on the Eutelsat 117 West A satellite that provides premium DTH coverage across Latin […]

Eutelsat rebrands Satmex as Eutelsat Americas

Satellite operator Eutelsat has renamed Satmex, which it acquired at the beginning of this year, Eutelsat Americas. The Mexico City-based unit is seen by Eutelsat as a key platform for growth across the region, and complements Eutelsat’s existing Eutelsat America division based in Washington DC. “The branding we are announcing today reflects Eutelsat’s objective to […]

France’s Trace launches Trace Sport Stars in the US, Latin America

Trace TV, the French youth-focused thematic channel provider, is launching its Trace Sport Stars network in the US and Latin American after signing a deal with channel distributer Alterna’TV. A subsidiary of Latin American satellite service provider Satmex, Alterna’TV ha experience in distributing original entertainment channels throughout Latin America and to the Spanish speaking communities of […]

Eutelsat closes Satmex deal

European satellite operator Eutelsat has closed its US$831 million (€609 million) acquisition of Latin American rival Satélites Mexicanos (Satmex), securing 100% ownership of the firm. The deal, which was first announced last July, closed after Eutelsat obtained all required government and regulatory approvals and last month secured a €930 million of six-year senior unsecured bonds. “With […]

Eutelsat to raise €930 million through bond issue

Satellite operator Eutelsat is due to raise €930 million by issuing six-year unsecured bonds, which are due to mature in 2020. “The company has been able to take advantage of the very competitive current market environment to raise long-term financing with a six-year maturity at attractive conditions,” Eutelsat said in a statement. “The transaction was […]

Eutelsat targets Latin America with US$1.14bn Satmex deal

European satellite operator Eutelsat has agreed to by 100% of Satélites Mexicanos (Satmex) for US$1.142 billion (€861 million) as it looks to up its presence in the Latin American market. Eutelsat said that the deal, together with the recently ordered Eutelsat 65 West A satellite, will position the firm “as a major satellite operator in […]