Spacecom says it hasn’t formally concluded talks with the Chinese investors lined up to buy the platform, but admits there have been no recent conversations.
SpaceX is preparing to launch its first satellite since the launchpad explosion that wrecked Spacecom’s Amos 5 last September.
Spacecom has announced it is to procure a new satellite from Boeing Satellite Systems International in a deal worth US$161 million.
Spacecom has signed a contract with AsiaSat to provide new capacity at 4 degrees West.
The proposed $285 million sale of Spacecom to the Chinese-backed Luxembourg Space Telecommunications (Xinwei) is in doubt following last week’s explosion of SpaceX’s Falcon 9 rocket on the launch pad.
Bezeq, the Israeli telco that runs DBS Satellite Services’ Yes pay-TV platform, has warned of a reduction in services if a replacement craft for the failed Amos 6 cannot be found.
Spacecom is to be sold to the Chinese-backed Luxembourg Space Telecommunications for $285 million.
It looks as if Spacecom finally has a buyer. The Israeli satellite system was put on the market in December 2013, but only now has a taker been found.
Spacecom has announced that it is working with Hungaro DigiTel Kft (HDT) to bring coverage of Euro 2016 to Hungary.
Spacecom has announced that its new Amos-6 satellite will launch in May 2016.