Qatar invests with Eutelsat
May 11, 2010
ictQATAR (a Sovereign Fund of the State of Qatar) and Eutelsat Communications have confirmed the signing of a partnership agreement to invest in and operate a new high-capacity satellite at Eutelsat’s 25.5° East location, one of the two longstanding and anchored neighbourhoods serving fast-growing markets in the Middle East and North Africa regions.
To be launched at the end of 2012, the new satellite will provide both a significantly expanded mission and superior coverage and power across the Middle East, North Africa and Central Asia to follow-on from Eutelsat’s EUROBIRDË™ 2 satellite, which is currently operated at 25.5° East.
Qatar is the backer of the Al Jazeerah news channels.