EUTELSAT COMMUNICATIONS (EPA:ETL) Eutelsat Communications update on operations at 28.5° East
Transparency directive : regulatory news
04/10/2013 08:30
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PR/84/13
Eutelsat Communications update on operations at 28.5° East
Paris, 4 October 2013 - Eutelsat Communications (NYSE Euronext Paris: ETL) has
ceased operations of transponders using frequencies under a German filing on
the EUTELSAT 28A satellite. The operation was completed in the best interest of
customers in the night of 3-4 October. All transponders using other frequency
bands on EUTELSAT 28A continue full operations.
Revenues from the disputed frequencies were expected to be approximately EUR20m
for the remainder of the fiscal year 2013-20 14 and approximately EUR25m for
each of the two following years. Eutelsat and SES are in discussions to find a
solution regarding the subject matter of the arbitration*. If necessary,
Eutelsat will adjust the financial outlook published on 30 July 2013 once the
outcome is known.
* Please refer to Eutelsat and SES joint press release of 4 October 2013.
About Eutelsat Communications
With capacity commercialised on 31 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 30 June
2013, Eutelsat's satellites were broadcasting more than 4,600 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.
www.eutelsat.com
For further information
Press
Vanessa O'Connor Tel: + 33 1 53 98 37 91 voconnor@eutelsat.fr
Frédérique Gautier Tel: + 33 1 53 98 37 91 fgautier@eutelsat.fr
Marie-Sophie Ecuer Tel: + 33 1 53 98 37 91 mecuer@eutelsat.fr
Investors and analysts
Leonard Wapler Tel. : +33 1 53 98 31 07/35 30
investors@eutelsat-communications.com
www.eutelsat.com - Follow us on Twitter@Eutelsat SA and Facebook Eutelsat.SA