Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Intelsat and Eutelsat want Canadas Telesat at General Satellite News forum; Intelsat and Eutelsat want Canadas Telesat Chris Forrester Global satellite provider Intelsat is in the lead to buy Canadas Telesat. ...

Reply
 
LinkBack Thread Tools Display Modes
Intelsat and Eutelsat want Canadas Telesat
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 100935
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 36
Thumbs up Intelsat and Eutelsat want Canadas Telesat - 14-December-2010, 20:20

Intelsat and Eutelsat want Canadas Telesat
Chris Forrester

Global satellite provider Intelsat is in the lead to buy Canadas Telesat. According to reports, Intelsat is now the front runner in the bidding battle to buy the Canadian satellite operator, and is seen to be ahead in the process thanks to a complex restructuring which will therefore comply with US anti-monopoly regulations.

Eutelsat is reportedly also very keen to pick up the Canadian company which, if successful, would give it a strong presence over North America. Echostar is another contender.

However, Intelsat is seen as being in a good position to wrap up the deal and which values the Canadian operator of the Anik series of satellites as being some US$6.5 billion. Intelsat will refinance its debt and bring in new equity funding in order to close the deal. Fresh funding will come from Sovereign Wealth Funds in Singapore and China as well as the Middle East, thus bringing a wider ownership structure to Intelsat, and thus make the deal more palatable to US regulators.



Regards,

www.eurocardsharing.com
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox