Eutelsat “not interested” in Canada’s Telesat
December 15, 2010
By Chris Forrester
Despite previous reports linking Eutelsat with Canada’s Telesat, the Paris-based satellite operator confirmed Dec mber14 that it had no interest in acquiring Telesat. A Eutelsat spokeswoman repeated previous statements from CEO Michael de Rosen that the operator is much more looking to Asia for any expansion prospects.
Meanwhile Intelsat itself is stressing that the complex financial restructuring currently underway does not have any effect on their bid for Telesat’s assets, either financial or in order to avoid anti-trust challenges.
Intelsat’s reorganisation, which includes a re-location of the licences held by Intelsat’s subsidiary companies. Separately, a report in Satellite Finance, states that Dan Goldberg, Telesat’s CEO, is said to be in favour of an Intelsat purchase.
Other posts by Chris Forrester:
- SpaceX building a spy satellite network?
- Hot success for Musk’s Starship
- Bank downgrades SES
- Rocket Lab: “We must match SpaceX’s business model”
- Starship flight plan lodged
- FCC approves 7,500 Starlinks with E-band
- ESPI seeks new ways to finance Space activity
- Lost Eutelsat craft stabilised
- Musk’s Starship #3 to launch on March 14