Brazil has raised R$153.2m (US$69m) from selling four orbital slots to satellite operators Hispamar, SES and Eutelsat.
Hispamar, a joint venture between Spain’s Hispasat and Brazilian telco Oi, was the highest bidder in the auction. It paid R$65m…
Brazil has raised R$153.2m (US$69m) from selling four orbital slots to satellite operators Hispamar, SES and Eutelsat.
Hispamar, a joint venture between Spain’s Hispasat and Brazilian telco Oi, was the highest bidder in the auction. It paid R$65m (US$29m) for first exploration rights to operate in the Ku-band, representing a premium of 431.8 % over the minimum bid price.
SES paid R$33m (US$15m) for a right to operate in the C, Ku and Ka bands, and a further R$26.8m (US$12m) for a third slot where it can broadcast in Ku-band.
Eutelsat picked up the final slot with a R$28.35m (US$13m) bid, which is thought to give it the right to use the C and Ku bands.
The winners beat off competition from Brazil’s Star One, Canada’s Telesat and British MSS operator Inmarsat. Star Satellite Communications Company, a subsidiary of UAE state-owned satellite operator Yahsat, had also registered to take part in the auction.
Brazilian telecoms regulator Anatel last sold orbital slots back in July 2011, raising R$233.2m (US$131.3m) in total.
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