Eutelsat Communications Statement
Eutelsat Communications Statement
PARIS, June 7/PRNewswire-FirstCall/ -- Eutelsat Communications (Euronext Paris: ETL) confirms that it has submitted an offer together with two Mexican partners (Miguel Aleman Group and Clemente Serna Group) for 100 per cent ownership of the Mexican satellite operator Satelites Mexicanos (SatMex).
The proposal has been submitted within the framework of the sale process of Satmex initiated by the company's shareholders and managed by Morgan Stanley.
About Eutelsat Communications
Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A.. With capacity commercialised on 23 satellites that provide coverage over the entire European continent, as well as the Middle East, Africa, India and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators in terms of revenues. At 31 March 2007, Eutelsat's satellites were broadcasting over 2,500 television channels and 1,000 radio stations. More than 1,000 channels broadcast via its HOT BIRD(TM) video neighbourhood which serves over 120 million cable and satellite homes in Europe, the Middle East and North Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates services through teleports in France and Italy that serve enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ 515 commercial, technical and operational experts from 27 countries.
www.eutelsat.com
For further information: Press: Vanessa O'Connor Tel: +33-1-53-98-38-88 voconnor@eutelsat.fr Frederique Gautier Tel: +33-1-53-98-38-88 fgautier@eutelsat.fr Investors: Gilles Janvier Tel: +33-1-53-98-35-35 investors@eutelsat-communications.com
Source: Eutelsat Communications
For further information: Press: Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr; Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr; Investors: Gilles Janvier, Tel: +33-1-53-98-35-35, investors@eutelsat-communications.com
Profile: International Entertainment
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