Eutelsat offered to buy Satmex for $1.14 billion, Eutelsat said. ...
Eutelsat offered to buy Satmex for $1.14 billion, Eutelsat said. The acquisition, along with the recently ordered Eutelsat 65 West A satellite, “will position the group as a major satellite operator in Latin America,” Eutelsat said in a press release…
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(http://bit.ly/11uSbnC). Satmex operates satellites at 113 degrees west, 114.9 degrees west and 116.8 degrees west, it said. Satmex benefits from frequency rights in the C and Ku bands and it has an 11 percent market share in Latin America “where it enjoys a strong franchise in corporate data networks and cellular backhaul,” Eutelsat said.