MAKING A DIFFERENCE

摘要

Brisk merger-and-acquisition activity has made the satellite telecommunications industry as dynamic as any over the years, but until recently one of the more prominent companies, Eutelsat, remained on the sidelines. The Paris-based satellite operator, easily the most profitable of its contemporaries, had long relied exclusively on strong organic growth, driven by a solid presence in white-hot markets in the Middle East and Africa. But that began to change in June, when Eutelsat announced it had acquired the in-orbit GE-23 satellite from GE Capital for $228 million in cash. The acquisition gave Eutelsat a major footprint in the Asia-Pacific region, well outside its traditional geographic market.