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SES INKS SATELLITE EXPLOITATION RIGHTS FOR TWO BRAZILIAN ORBITAL POSITIONS

Monday, August 18, 2014   (0 Comments)
Posted by: Randall Barney
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São Paulo/Brazil, Aug. 18, 2014 – SES (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) announced that its subsidiary SES DTH do Brasil has signed with Anatel (the Brazilian National Telecommunications Agency) the Satellite Exploitation rights terms for two Brazilian orbital positions (48 degrees West and 64 degrees West). The Anatel auction took place in May of this year.  The execution plan documents were under review during the time between the auction and the signature.

As of the publication of extracts of the rights terms, SES will have four years to make definitive capacity available at 48 degrees West and six years to make definitive capacity available at 64 degrees. At the 48 degrees West orbital position, SES will focus on multiple uses (FSS model - Fixed Satellite Services) and will operate in C-, Ku- and Ka-bands. The 64 degrees West orbital position will be exclusive for direct-to-home use (BSS - Broadcasting Satellite Services). The exploitation rights are valid for 15 years, renewable once for the same period. SES invested a total of R$ 59.8 million (approximately EUR 19.65 million) for the positions.

The official ceremony of signature took place in Brasilia (DF), at the headquarters of Anatel. Present at the event were Mr. Marconi Thomaz de Souza Maya, Anatel Superintendent of Grants and Resources for Provisions and Vânia Maria da Silva, Tawfic Awwad Junior, Marcos Estevo de Oliveira Correa, Afonso Rocha Ferreira Júnior and Marcos Vinicius Ramos da Cruz, members of the Anatel Special Bidding Commission. Jurandir Pitsch, Vice President, Commercial for Latin America-South, represented SES. - Read More>>


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