Posted: Tuesday, March 21, 2017
SES (Euronext Paris and Luxembourg Stock Exchange: SESG) announced today the extension of a capacity agreement with Media Broadcast Satellite, one of the leading providers of broadcast services, on SES's prime orbital position at 19.2 degrees East.
With the multi-year extension, Media Broadcast Satellite will continue to use a full transponder on a pan-European ASTRA satellite to serve its customers in Germany, Austria and Switzerland.
“This new contract with Media Broadcast Satellite confirms their trust in us as a strong partner. This contract extension demonstrates that satellite plays an important role for TV distribution, and how it will remain key for the video business from a long-term perspective,” said Ferdinand Kayser, Chief Commercial Officer of SES.
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SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in four key market verticals (Video, Enterprise, Mobility and Government). It provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions, and businesses worldwide. SES’s portfolio includes the ASTRA satellite system, which has the largest Direct-to-Home (DTH) television reach in Europe, and O3b Networks, a global managed data communications service provider. Another SES subsidiary, MX1, is a leading media service provider and offers a full suite of innovative digital video and media services. Further information available at: www.ses.com
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