SES and CANAL+ in Long-Term Capacity Agreement
12 January 2017
Multi-year and multi-transponder contract demonstrates CANAL+ Group‘s long-term commitment to satellite and SES
SES S.A. (Euronext Paris:SESG) (LuxX:SESG) and CANAL+ Group have confirmed today the signature of a long-term, multi-year, multi-transponder framework agreement for SES satellite capacity in both France and Africa. The contract conditions are beneficial to both parties, and reflect the volume, extended duration and payment terms.
“Our long-term partnership with SES is an important element in our strategy to grow our reach, adapt to new technologies (HD and UHD), and maximize efficiencies,” said Sylvain Géron, Chief Technology Officer, CANAL+ Group.
Source: Company Press Release