On 31 July 2013, Eutelsat Communications announced that it had reached an agreement to acquire 100% of Satélites Mexicanos, S.A. de C.V. (Satmex) for $1,142 million. Based in Mexico, Satmex operates three communications satellites at 113.0° West (Satmex 6), 114.9° West (Satmex 5) and 116.8° West (Satmex 8) in the Geostationary orbital arc. These satellitest cover 90% of the population of the Americas. The day before, Eutelsat had ordered the communications satelllite Eutelsat 65a from Space Systems/Loral. This will operate over the 65° West position. The acquisitions are part of a strategy to become dominant in Latin America.
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