Eutelsat To Pay Down Debt of Satmex Subsidiary

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Eutelsat will redeem $360 million in bonds from bondholders in Eutelsat Americas.

Commercial EutelsatSatmex
After Delay, Satmex Finalizes Deal to Host Raytheon WAAS Payload

After Delay, Satmex Finalizes Deal to Host Raytheon WAAS Payload

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Nearly two years of uncertainty about where the next-generation GPS satellite augmentation payload would find a home in geostationary orbit has apparently ended.

Civil Commercial hosted payloadRaytheonSatmex
Eutelsat Closes Satmex Purchase

Eutelsat Closes Satmex Purchase

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The acquisition gives Eutelsat a major beachhead in the robust Latin American market alongside rivals Intelsat, SES, Telesat and others.

Commercial EutelsatSatmex
Eutelsat’s Satmex Acquisition Expands Satellite Fleet Operator’s Global Reach

Eutelsat’s Satmex Acquisition Expands Satellite Fleet Operator’s Global Reach

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The purchase gives Eutelsat a major presence in what industry officials see as perhaps the fastest-growing region for bandwidth demand.

Commercial EutelsatMissionsSatelliteSatellite TelecomSatmex
Satmex Acquisition Gives Eutelsat’s Latin America Presence a Jolt of Electricity

Satmex Acquisition Gives Eutelsat’s Latin America Presence a Jolt of Electricity

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Eutelsat is buying Mexican operator Satmex for $831 million in cash plus the assumption of $311 million in Satmex debt to establish a big position in the growing Latin American market.

Commercial EutelsatSatellite TelecomSatmex
Satmex Orders Second All-electric Satellite from Boeing Ahead of Deadline

Satmex Orders Second All-electric Satellite from Boeing Ahead of Deadline

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The Satmex decision means the  contract that Satmex and ABS signed remains intact.

Commercial BoeingMissionsSatelliteSatellite TelecomSatmex
Satmex 7 Satellite Not Dependent on Ex-Im Loan

Satmex 7 Satellite Not Dependent on Ex-Im Loan

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Satmex Chief Financial Officer Juan Garcia said Satmex 7 “is fully funded” and can be purchased from Satmex’s operating cash flows between now and its planned launch in early 2015.

MissionsSatelliteSatellite TelecomSatmex
Proton Back in the Win Column with Satmex 8 Launch

Proton Back in the Win Column with Satmex 8 Launch

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Russia’s Proton Breeze M heavy-lift rocket successfully returned to flight March 27 with launch of the Satmex 8 telecommunications satellite.

Launch ProtonSatmex
Satmex Expects To Squeeze Extra 5 Months from Satmex 5

Satmex Expects To Squeeze Extra 5 Months from Satmex 5

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Satmex has again revised upward its estimate of how long the Satmex 5 satellite can remain in orbit.

Satellite TelecomSatmex

Satmex 8 Delivered to Baikonur for Launch

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The Satmex 8 telecommunications satellite arrived at Baikonur Cosmodrome in Kazakhstan in preparation for launch aboard a Russian-built Proton Breeze M rocket booked through International Launch Services, the satellite’s builder, Space Systems/Loral of Palo Alto, Calif.

Launch Satellite TelecomSatmex
New Estimate on Satmex 5’s Operating Life Eases Pressure for Replacement

New Estimate on Satmex 5’s Operating Life Eases Pressure for Replacement

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Satellite fleet operator Satmex of Mexico said satellite builder Boeing has revised upward its estimate of how much longer the Satmex 5 satellite can remain in orbit, giving Satmex more breathing room as it awaits the launch of the replacement Satmex 8.

Satellite TelecomSatmex
Proton Failure Narrows Launch Window for Satmex 8

Proton Failure Narrows Launch Window for Satmex 8

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PARIS — Satellite fleet operator Satmex said it remains confident that a Russian Proton rocket will launch its Satmex 8 satellite by December, giving the company sufficient time to transfer customers to it before Satmex 5, which the new spacecraft is replacing, runs out of fuel as early as late February.

Launch ProtonSatmex

Optical Satcom Picks Up Satmex Software Contract

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Satellite operator Satmex of Mexico awarded Optimal Satcom of Reston, Va., a multiyear contract for satellite capacity management software and support, Optimal Satcom announced July 11. The value of the contract was not disclosed.

Commercial ContractsSatmex

Satmex Undecided on 2nd Satellite Under Deal with ABS and Boeing

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PARIS — Satellite operator Satmex of Mexico says it has not yet committed to buying a second of two planned satellites as part of a broader contract involving Asia Broadcast Satellite (ABS) and manufacturer Boeing that was announced in March.

Commercial BoeingMissionsSatelliteSatellite TelecomSatmex

ABS, Satmex Banding Together for Boeing Satellite Buy

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WASHINGTON — The decision by regional satellite operators Asia Broadcast Satellite (ABS) of Bermuda and Hong Kong and Satmex of Mexico to join forces to purchase four Boeing-built telecommunications satellites employing a revolutionary design is one way smaller players can realize the scale economies usually reserved for larger fleet operators, industry officials said.

BoeingMissionsSatelliteSatellite TelecomSatmex

Cleansed of Debt, Satmex Beginning To Rebuild Core Business

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PARIS — Satellite fleet operator Satmex of Mexico, which exited bankruptcy in May with a $325 million loan, on Nov. 17 reported a slight decline in core satellite-lease revenue for the nine months ending Sept. 30.

Commercial Satellite TelecomSatmex
With $1B Satellite Order, Mexican Gov’t Looks To Change Satmex Relationship

With $1B Satellite Order, Mexican Gov’t Looks To Change Satmex Relationship

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The Mexican government intends to use its three-satellite, billion-dollar contract with Boeing Space and Intelligence Systems to restructure its relations with Mexico’s commercial satellite operator, Satmex, by reducing or eliminating the government’s demand for free Satmex bandwidth, a Mexican government official said.

Commercial MexicoMissionsSatelliteSatellite TelecomSatmex

ILS To Launch Satmex 8 in 2012

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LES MENUIRES, France — Satellite fleet operator Satmex of Mexico will launch its Satmex 8 telecommunications satellite aboard an International Launch Services (ILS) Proton rocket between July and September 2012, Satmex and ILS announced Dec. 29.

Launch ILSSatellite TelecomSatmex
Satmex Orders Satellite From Space Systems/Loral

Satmex Orders Satellite From Space Systems/Loral

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PARIS — Satellite fleet operator Satmex of Mexico has received approval from its bondholders to spend up to $100 million on a new Satmex 8 telecommunications satellite in return for increasing the interest rate Satmex pays on bonds due in 2011, a development that enabled Satmex to sign a firm satellite-construction contract with Space Systems/Loral, according to  statements from the companies.

Commercial LoralMissionsSatelliteSatellite TelecomSatmex
Debt-ridden Satmex Puts $2M Down for New Satellite

Debt-ridden Satmex Puts $2M Down for New Satellite

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Satmex has paid $2 million to manufacturer Space Systems/Loral to begin work on a Satmex 8 satellite to replace Satmex 5, whose fuel will run out in 31 months. 

MissionsSatelliteSatellite TelecomSatmex

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