Hellas Sat Secures Orbital Slot for 20 More Years

摘要

Greece's Hellas Sat has secured rights to an additional 20 years' use of the 39 degrees east longitude orbital slot following an agreement with the government of Cyprus, a milestone that industry officials said could pave the way to the company's long-expected sale. Hellas Sat Consortium Ltd. of Athens said it finalized an agreement with Cyprus on July 2 at a ceremony in Nicosia. In addition to securing a place for an eventual successor to the Hellas Sat 2 satellite, which operates at the 39 degrees east slot, the accord will "enable the company to expand its commercial operations with additional satellite services through the activation of additional spectrum."