HISPASAT gains rights to exploit new orbital position in Brazil

27 May 2015

In the auction held yesterday in Brazil for the rights to exploit four orbit positions, Hispamar Satélites, the Brazilian subsidiary of Spanish satellite operator HISPASAT, gained rights to exploit the Ku band at the orbital position 74º West. The Spanish operator has thus added a new orbital position to the three it already has rights to (30º West, 61º West and 36º West), plus a fourth (55.5º West) where it also operates thanks to an agreement with Intelsat.

Hispamar Satélites won the last of the four auction rounds run by the Brazilian regulatory agency Anatel and claimed the right to the Ku band in this new position for a price of 50.3 million reals (approximately 16 million dollars). The operator will be able to exploit this right for fifteen years, which may then be extended for another fifteen.

Other bidders included Canadian operator Telesat, Emirati operator Yahsat, and France's Eutelsat.