EUTELSAT COMMUNICATIONS (EPA:ETL) Telespazio and Eutelsat Sign Multi-Year Agreement to market KA-SAT Services in Italy
Transparency directive : regulatory news
26/11/2013 11:13
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PR/102/13
Telespazio and Eutelsat Sign Multi-Year Agreement to market KA-SAT Services in
Italy
Paris, Rome, 26 November 2013 - Telespazio (Finmeccanica/Thales) and Eutelsat
Communications (NYSE Euronext Paris: ETL) have signed a strategic agreement for
the marketing of broadband services in Italy using KA-SAT, the innovative High
Throughput Satellite. The initiative supports Italy's Digital Agenda to reduce
the digital divide by increasing broadband deployment.
Under the agreement, Telespazio will commercialise broadband services in Italy
and other major European economies using KA-SAT. It will also benefit from the
KA-SAT platform to develop new broadband services. By integrating KA-SAT
services with existing fixed and mobile solutions, Telespazio will be able to
design and offer tailored communication services to its business and
institutional customers.
Eutelsat Chairman and CEO, Michel de Rosen, stated, "We are particularly
pleased with this agreement with Telespazio, a longstanding Eutelsat partner.
Cooperation in KA-SA T services will lead to a significant growth of the
Italian market, where Telespazio has always played a central role in the
business, corporate, and institutional sectors. We are confident that this new
step will favour increased take-up of services through KA-SAT by large Italian
telecommunications companies."
Telespazio CEO, Luigi Pasquali, added, "This new agreement rein forces
Telespazio's intent to act as a partner of choice for companies and
institutions in the implementation of programmes of interest to the community.
I believe that the services, provided through KA-SAT and combined with
Telespazio's many years of experience in integrated communications, will offer
solutions aimed toward significantly reducing the Digital Divide".
About Telespazio
Telespazio, a Finmeccanica/Thales 67/33 joint venture, is one of the world's
leading operators in satellite services. Its activities range from the design
and development of space systems to the management of launch services, from
in-orbit satellite control to Earth observation, from integrated communications,
satellite navigation and localisation services to scientific programmes.
Telespazio plays a leading role in the reference markets harnessing
technological experience acquired over the years. Since its establishment, the
company has participated in major European space programmes such as Galileo,
EGNOS, Copernicus and COSMO-SkyMed. In 2012, Telespazio generated sales of EUR
562 million while employing approximately 2,500 people worldwide.
www.telespazio.com
Media contacts:
Telespazio - Paolo Mazzetti: +39 06 40796252 paolo.mazzetti@telespazio.com
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
September 2013, Eutelsat's satellites were broadcasting more than 4,700
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
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 35 30
investors@eutelsat-communications.com
Cédric Pugni Tel. : +33 1 53 98 35 30
investors@eutelsat-communications.com
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