Hispamar, SES win rights to Brazilian satellite slots
Juan Fernandez Gonzalez
| 08 May 2014
Brazil's Hispamar and SES' subsidiary in the South American country - SES DTH do Brasil - have won the rights to use two Brazilian orbital slots for 15 years.
According to EFE, Hispamar - a company in which Spain's Hispasat has an interest - and SES DTH won the first part of a two-round bid organised by Brazil's Government for four orbital positions. The two companies offered about $44.5 million for the rights, the national telecoms agency, Anatel, said.
Hispamar gained the rights to the Ku band with the first of the licences sold, bidding $29.5 million. The other 15-year licence was won by SES, with a bid of over $15 million for the C, Ku and Ka band.
During the process, Carlos Slim's Star One, Inmarsat Navigation Ventures Limited, Star Satellite Communications Company and Telesat Brasil Capacidade de Satelites also competed for licences.