Eutelsat sells its share in EUTELSAT 25B to satellite partner Es’hailSat

by | Aug 14, 2018 | Finance, Seradata News

Following the completion of a deal on 9 August, France-based FSS (Fixed Satellite Service) operator Eutelsat SA has sold its interest in the joint EUTELSAT 25B/ES’HAIL 1 satellite, to co-owner Qatar-based Es’hailSat. The satellite is positioned at 25.5 degrees East and provides Ku- and Ka-band services to the Middle East and surrounding areas.

The deal was reportedly worth EUR€135 million (US$156 million).

 

 

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