collaboration with respect to capabilities at the 55.5 degrees West orbital position.

This agreement, which has allowed both companies to enhance their positioning in Latin America, has been consolidated for the long-term so that the two operators can grow at this orbit position and offer new services, especially DTH services.

Since June 2014 Hispasat’s Amazonas 1 satellite has been co-located with Intelsat’s Galaxy 11 satellite, increasing resiliency and expanding resources available to the direct-to-home television community that is hosted at that orbital location, including Brazilian pay TV operator GVT. Over the longer-term, Hispasat has procured capacity on the Galaxy 11 follow-on satellite, Intelsat 34, which is expected to launch during the second half of 2015.

Hispasat and Intelsat will cooperate at 55.5 degrees West, continuing to build the momentum at this important Latin American video neighbourhood.

According to Stephen Spengler, president and CCO of Intelsat, “Our collaboration with Hispasat, which we initiated earlier this year, has been instrumental to building the momentum for media applications at this orbital location. Their presence at this orbital location through Amazonas 1 today and on Intelsat 34 in the future, has enhanced both of our positions in the region.”

“This extension of our agreement in the medium and long-term will give our clients greater security as to the continuity of the services we are offering them from 55.5 degrees West,” said Carlos Espinós, CEO of Hispasat.

“For Hispasat, this agreement is a clear example of efficient management of space resources, in terms of both orbital positions and satellites. This collaborative agreement allows each company to optimise the use of our respective assets and expand our business opportunities in an efficient manner”, he concluded.