Spacecom signs contract for operating a new satellite at 4°W orbital position

2 December 2016

Technology & Convergence

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.

Source: Press Release