Advanced Television

Eutelsat in talks to buy Measat

July 18, 2011

By Chris Forrester

Bloomberg is reporting that Eutelsat and AsiaSat are each talking with Malaysia’s Measat about taking possible stakes in Kuala Lumpur-based Measat. Sources told Bloomberg that some sort of partnership might result with access to Measat’s small fleet of four craft being a major goal.

Measat’s aims are said to include help in developing and launching new satellites. Measat is controlled by Malaysian billionaire T Ananda Krishnan, and managed by Paul Brown-Kenyon.

A link with Paris-based Eutelsat would have the result of extending Eutelsat’s ‘footprint’ further to the East. AsiaSat is backed in part by China’s CITIC.  Measat’s prime customer is the Astro pay-TV system.

Categories: Articles, Business, DTH/Satellite, M&A