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Space Business Review Türksat Uydu Haberleşme Kablo TV Ve İşletme A.Ş April 2011 A monthly round-up of space industry developments for the information of our clients and friends. Inmarsat Acquires Ship Equip America Movil -100% Stake in Star One On April 28, Inmarsat plc announced that it On April 19, Mexican telecoms company had completed its acquisition of Norwegian America Movil SAB reported a stock maritime communications services provider purchase agreement with GE Satellite Ship Equip International AS for a total Holdings, a subsidiary of General Electric, to consideration of $159.5m, including Ship buy GE’s 20% stake in Brazilian satellite Equip’s outstanding debt. Inmarsat financed operator Star One for an undisclosed sum. the transaction using available cash reserves, Pending regulatory approvals, the deal is and intends to operate the business as a expected to close in the third quarter of 2011. separate subsidiary alongside Stratos Global Through its Brazilian subsidiary, Embratel, and Segovia. Ship Equip, which provides America Movil already owns 80% of Star One. communications services to approximately 850 In addition to providing the technology for maritime vessels in the merchant shipping, America Movil’s satellite-TV service in Brazil, offshore oil & gas, fishing and yacht markets Star One operates 7 satellites and provides via Ku-band VSAT terminals, reported revenue communications services for TV networks, of $56m in 2010. The acquisition is intended to banks and governmental agencies. ensure an early market for Inmarsat’s $1.2b Successful PSLV and Arianespace Launches Global Xpress™ next-generation high speed On April 20, India’s Polar Satellite Launch Ka-band satellite system, which is expected to Vehicle (PSLV) successfully placed three enter service beginning in 2013. satellites into orbit from the Satish Dhawan April Launch Services Orders Space Centre on Sriharikota Island. The On April 5, International Launch Services primary satellite was Resourcesat-2, an and Mitsubishi Electric Corporation advanced remote sensing satellite built by the (MELCO) announced an agreement for the Indian Space Research Organization, launch of the Turksat 4A and 4B satellites on which also carries an experimental automatic a Proton launcher in late 2013 and early 2014 identification system (AIS) ship-tracking respectively. As reported in March, MELCO is payload supplied by Ottawa-based ComDev manufacturing the Turksat 4A and 4B International. The other two satellites were satellites under a turn-key contract with X-Sat, Singapore’s first domestically manufactured satellite, and Youthsat, a joint Space Business Review Türksat Uydu Haberleşme Kablo TV ve İşletme A.Ş. (Turksat). On April 13, SES Indo-Russian satellite to be used by students to study the atmosphere. All three satellites announced an agreement with Arianespace were injected into an 820-km, sun for the launch of its ASTRA 2E satellite in the synchronous polar orbit. On April 22, second quarter of 2013 on an Ariane 5 Arianespace successfully launched two launcher. Based on the EADS Astrium communications satellites: Yahsat Y1A, built Eurostar E3000 platform, ASTRA 2E will be by Astrium and Thales Alenia Space for Al equipped with a hybrid Ku and Ka-band Yah Satellite Communications Company payload and provide next-generation PrJsc (Yahsat) of the United Arab Emirates, broadcast, VSAT and broadband services in and Intelsat New Dawn, built by Orbital Europe and Africa from the 28.2°E orbital Sciences Corporation for New Dawn position. On April 27, Arianespace confirmed Satellite Company Ltd., a joint venture the 2013 launch date for the Asia Broadcast between Intelsat S.A. and Convergence Satellite ABS-2 satellite from the Guiana Partners. The satellites were released Space Center on an Ariane 5 launcher. The separately into their targeted orbits after being satellite, being manufactured by Space launched from the Guiana Space Center on Systems/Loral based on its LS-1300 an Ariane 5 launcher. Yahsat Y1A will be platform, will be equipped with up to 87 active positioned at 52.5°E and will provide Internet, C, Ku, and Ka-band transponders across 10 business data and HDTV services to beams and have over 12 kW of payload commercial and governmental customers in power. From its orbital position at 75°E, ABS- the Middle East, Africa, Europe and Southeast 2 will provide direct TV broadcast, cable TV Asia. Intelsat New Dawn, which is equipped distribution, VSAT, multimedia, with 28 C and 24 Ku-band 36 MHz-equivalent transponders, will be positioned at 32.8°E and BEIJING telecommunications and data transmission provide a wide range of services, including FRANKFURT services to Asia, Russia/CIS, Africa and the HONG KONG Internet, media and data networks, to Middle East. LONDON customers in Africa. LOS ANGELES MUNICH To learn about Milbank’s Space Business Practice, or view previous issues of the Space Business Review, please visit www.milbank.com. NEW YORK The information contained herein is provided for informational purposes only and should not be construed as legal advice on any subject matter. Recipients of this publication should not take or refrain from taking any action based upon content included herein. If you do not wish SÃO PAULO to receive this newsletter, please send an e-mail to [email protected] with the word “unsubscribe” in the subject line. ATTORNEY SINGAPORE ADVERTISING. Prior results do not guarantee similar results. TOKYO © 2011 - Milbank, Tweed, Hadley & McCloy LLP. WASHINGTON DC .
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