European satellite operators win Brazilian slots
May 8, 2014
By Chris Forrester
Eutelsat, SES and Hispasat have each won Brazilian orbital broadcasting slots in a local auction. Telecoms regulator Anatel announced the auction results on May 7th, and which saw 7 satellite operators bidding in the fiercely competitive auction process.
For example, Hispasat’s sister company Hispamar paid $28.6 million, the highest bid in the auction, for its slot and which was some 432 percent higher than the minimum bid. SES’ Brazilian affiliate paid 33 million Brazilian Reals for one of its successful bids, and a further 26.8 million Reals (a total of $27 milllion) for a second slot. Eutelsat paid 28.35 million Reals (about $12.8 million) for its slot.
The operators win access to the slots for a period of 15 years, with a 15-year renewal.
Telesat of Canadas, the UAE’s Al Yah Satellite, Star One of Brazil and Inmarsat were all unsuccessful in their bids.