A Luxembourg-based offshoot of Beijing-based Xinwei Group has bought Spacecom of Israel (Space Communications), operators of the AMOS fleet of satellites for $285 million (€252.7m), an impressive premium of 41 percent on the stock market valuation. In a somewhat complicated three-way transaction Spacecom will ‘merge’ with Luxembourg Space Telecommunications (itself a subsidiary of Beijing Xinwei Technology Group). Luxembourg Space Telecommunication shall acquire, by way of triangle reverse … [Read more...] about Spacecom sold for $285m
Spacecom
Eutelsat partners with Spacecom
Eutelsat Communications and Spacecom announced the signature of a partnership agreement that will drive expansion of digital entertainment services at one of Africa’s fastest-growing video neighbourhoods. The two companies have established a framework for cross-commercialisation of Ku-band capacity connected to the high-power African service areas of Eutelsat’s EUTELSAT 16A satellite at 16° East and Spacecom’s AMOS-5 satellite at 17° East. The combined channel line-up … [Read more...] about Eutelsat partners with Spacecom
RRsat to Launch New Ku-band Platforms on Amos-5 Satellite over Africa
Israel - RRsat Global Communications Network Ltd, a leading provider of comprehensive content management and global distribution services to the television and radio broadcasting industry, has announced the launch of two new Ku-Band MCPC Platforms on Spacecom’s AMOS-5 Satellite at 17°East. These two MCPC platforms, Ku-1 (West Central Africa) and Ku-3 (East West Africa), will complement RRsat’s existing focus on providing Direct To Home (DTH) content to Sub-Saharan Africa. … [Read more...] about RRsat to Launch New Ku-band Platforms on Amos-5 Satellite over Africa
SpaceCom International and Asia Broadcast Satellite sign new deal
Asia Broadcast Satellite (ABS) and SpaceCom International, LLC (SpaceCom) announced they have signed a long term, multi-transponder agreement for Ku-band capacity on ABS-7 to support SpaceCom’s rapid growth throughout the Middle East and Asia region. SpaceCom has quickly become a leading provider of telecommunications services and solutions throughout the Middle East and Southeast Asia. The Middle East Ku-band capacity will be used to support the Government, Military, GSM/Cellular, Telecom … [Read more...] about SpaceCom International and Asia Broadcast Satellite sign new deal