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Arsat sells entire capacity of Arsat-2 satellite

Friday 30 June 2017 | 11:14 CET | News
Argentina's state-owned operator Arsat has announced the sale of the entire Ku-band capacity of its Arsat-2 satellite less than two years after its launch in October 2015. The satellite also has C-band capacity, 15 percent of which has been sold so far. Revenues from the satellite will come to nearly USD 15 million this year, rising to USD 22 million in 2018, according to Arsat CEO Rodrigo de Loredo. He added that the country expects to raise over USD 110 million from its domestic satellite services over the next five years.

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Categories: Broadcast & Satellite
Companies: Arsat
Countries: Argentina
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