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E3B Eutelsat Communications

1.839
0.027 (1.49%)
09:18:44 - Realtime Data
Share Name Share Symbol Market Type
Eutelsat Communications TG:E3B Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.027 1.49% 1.839 1.812 1.819 1.839 1.826 1.826 215 09:18:44

Eutelsat Announces the Renewal by Algérie Télécom Satellite of Three Contracts on EUTELSAT 5 West A Satellite

05/03/2013 12:09pm

PR Newswire (US)


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PARIS, March 5, 2013 /PRNewswire/ --

Eutelsat Communications (Euronext Paris: ETL) and Algérie Télécom Satellite, a subsidiary of Algeria's national telecom operator, today announced the conclusion of three long-term contract renewals. The renewals cover 105 MHz of spectrum on the EUTELSAT 5 West A satellite connected to the satellite's high-power service area over Algeria and the Sahara region.

The capacity is deployed by Algérie Télécom Satellite to deliver high-quality broadband connectivity to local administrations, hospitals, universities and schools beyond range of terrestrial infrastructure, and for critical business networks covering multiple economic sectors including oil and gas, mining, banking and distribution. Services are run by Algérie Télécom Satellite from its teleport near Algiers.

Michel de Rosen, CEO of Eutelsat, commented: "Eutelsat has operated in close partnership with Algérie Télécom Satellite since 2005, making superior resources available on the EUTELSAT 5 West A and EUTELSAT 7 West A satellites and offering expertise in ground infrastructure deployment. We are proud to forge this new long-term agreement and to assist Algérie Télécom Services in pursuing its far-reaching programme to deliver the highest quality of digital services to users in geographically dispersed regions of Algeria."

Meet us at  CABSAT: Hall 1 - Stand E1-10

About Algérie Télécom Satellite: http://www.ats.dz

About Eutelsat Communications (http://www.eutelsat.com)

Eutelsat Communications is the holding company of Eutelsat S.A. With capacity commercialised on 30 satellites delivering reach of Europe, the Middle East, Africa, Asia, significant parts of the Americas and the Asia-Pacific, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world's leading satellite operators. As of 31 December 2012 Eutelsat's satellites were broadcasting 4,500 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also provide a wide range of services for TV contribution, corporate networks and fixed and mobile broadband markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780 commercial, technical and operational professionals from 30 countries.

SOURCE Eutelsat Communications

Copyright 2013 PR Newswire

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