Measat up for sale
March 5, 2012
By Chris Forrester
Measat, the Malaysia-based satellite operator, is widely reported to be up for sale. Measat’s ‘hot spot’ is at 91.5 deg East and besides its existing modest fleet it also has a new craft on order (Measat 3B) due for launch in 2013.
But the most valuable asset of Measat is the orbital slots against its name.
Now a cluster of would-be bidders are looking to acquire the KL company. From comments last week it seems that Arabsat has the most determination to pick up the asset, although SES and Intelsat, and even Eutelsat, are reported to be contemplating bids.
The target for Arabsat would be that it would then be able to supply Islamic programming and channels for Measat’s Asian and Far Eastern viewing audiences.