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SPACECOM SIGNS A CONTRACT FOR OPERATING A SATELLITE AT 4 W ORBITAL POSITION 01.12.2016 1 December 2016, Tel Aviv; Spacecom (Tel Aviv Stock Exchange: SCC) today announced that it entered into an agreement with AsiaSat to relocate its AsiaSat 8 satellite, from its current orbital position to Spacecom's 4 W orbital position. AsiaSat 8 will be co-located with AMOS-3, for a four (4) year period. AsiaSat 8 will complement AMOS-3 in offering a full range of communication services. The satellite, expected to begin service for Spacecom in Q1 2017, will replace AMOS-2. Spacecom has an option to extend the agreement for an additional year of service.
Upon receipt of the required regulatory approvals, AsiaSat will relocate its satellite to the 4 W orbital position where it is expected to arrive within 45 days. Following testing AsiaSat 8's beams will cover the Middle East, Central Eastern Europe and Africa enabling Spacecom to provide additional capacity and services to its customers.
David Pollack, CEO and president of Spacecom, said, We are glad to strengthen our connection with AsiaSat. AsiaSat 8 satellite enables us to continue serving our customers at 4W orbital location following the expected end of life of AMOS-2 and provide them with additional capacity and services.
Andrew Jordan, President & CEO of AsiaSat, said, We welcome Spacecom as our latest customer. AsiaSat 8's superior performance offers an ideal fit for Spacecom's needs. We look forward to growing this strong partnership in the years to come.
About Spacecom:
Spacecom (Space-Communication Ltd.), operator of the AMOS-2 and AMOS-3 satellites co-located at 4 W, and AMOS-4 at 65 E, provides high-quality broadcast and communication services to Europe, the Middle East, Africa, and Asia via direct-to-home (DTH) and direct broadcast satellite (DBS) operators, Internet service providers (ISPs), telecom operators, network integrators and government agencies.
For more information, please visit: http://www.amos-spacecom.com/
About AsiaSat:
Asia Satellite Telecommunications Company Limited (AsiaSat), the leading satellite operator in Asia, serves over two-thirds of the world's population with its six satellites, AsiaSat 3S, AsiaSat 4, AsiaSat 5, AsiaSat 6, AsiaSat 7 and AsiaSat 8. The AsiaSat satellite fleet serves both the broadcast and telecommunications industries. Over 700 television and radio channels are now delivered by the company's satellites offering access to more than 830 million TV households across the Asia-Pacific region. AsiaSat's next satellite, AsiaSat 9 on order from the manufacturer is planned to be launched in early 2017. AsiaSat is a wholly-owned subsidiary of Asia Satellite Telecommunications Holdings Limited, a company listed on The Stock Exchange of Hong Kong Limited (Stock Code: 1135). For more information, please visit www.asiasat.com
CONTACTS:
World Media:
Josh Shuman, S&A Communications
+972-54-498-5833
[email protected] US Media:
Jennifer Hoil, Sage Communications
+1-703-533-1863
[email protected]
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