Statement on use by
Eutelsat of German filing at 28.5° East
28 February 2013
Eutelsat and Deutsche
Telekom AG have reached a final settlement
to the dispute regarding the duration of
Eutelsat's right to use a German filing at
the 28.5° East orbital position, without
prejudice to the parties' respective
positions concerning the subject of the
dispute.
Both parties have
consequently agreed that arbitration
proceedings initiated in 2011 before the
International Court of Arbitration of the
International Chamber of Commerce will be
terminated. The Court of Arbitration is
shortly expected to issue a decision by
consent which will reflect the settlement
agreed by both parties.
The exact terms of the
settlement will remain confidential.