Hispasat has placed a strong emphasis on investment in recent years, allocating €1 billion between 2012-17, according to Jose Antonio Guerra, the head of the company’s business office.
Hispasat owner Abertis has deconsolidated the satellite operator from its accounts in a move the frees up a sale of both Abertis’ motorway construction interests and Hispasat itself.
Spanish satellite operator Hispasat and German service provider Media Broadcast Satellite have signed an agreement at IBC to provide 4K content distribution services in Europe, North Africa and the Middle East.
International Launch Services has successfully lofted the Amazonas 5 satellite into orbit on behalf of Hispasat.
The Amazonas 5 satellite has arrived at the International Launch Services (ILS) launch site in Baikonur, Kazakhstan aboard an Antonov aircraft.
Hispasat will participate in a live TV broadcast in Spain next week using 4K High Dynamic Range (HDR) technology.
The Hispasat 4K Festival and RTVE make new 4K content available to the public through the Botón rojo (red button) application.
Although over 300 Ultra HD channels will be transmitted via satellite by 2020, there is still much to be done to ensure the format is a success.
Hispasat is on track to add three satellites to its fleet this year.
Eutelsat Communications and Abertis Group have reached agreement on the sale of Eutelsat’s 33.69 per cent stake in Hispasat to Abertis.