SES to Grow Latin American Capacity
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) announced today that it has selected Airbus Defence and Space (formerly known as Astrium) to build its latest communications satellite, SES-10. The satellite will significantly grow SES’s capacity to serve the thriving markets of Latin America. Financial details are not being disclosed.
The new satellite – ordered through SES’s wholly-owned subsidiary SES Satellite Leasing – will expand SES’s capabilities in Latin America and the Caribbean through high power beams tailored to provide direct-to-home broadcasting, enterprise and broadband connectivity services in the entire region. SES-10’s comprehensive coverage includes Mexico, Central America and South America, as well as the Caribbean. The satellite will be positioned at the 67 degrees West orbital position, pursuant to an agreement between the Andean Community (Bolivia, Colombia, Ecuador and Peru) and SES, which provides for use of the Andean Community’s Simon Bolivar 2 satellite network. The specifically designed beam of SES-10 over the Andean Community Member States, combined with its optimum elevation angle, represents a unique proposition for telecommunications operators, broadcasters and service providers for the Andean countries.
SES-10 is slated for launch on board a SpaceX Falcon 9 launch vehicle. With 50 high-power Ku-band transponders, the satellite will provide replacement capacity for the current satellites, AMC-3 and AMC-4, as well as incremental capacity at the 67 degrees West slot. SES has been providing key services to customers in the region from this orbital slot since 2010.
