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March 4, 2008 |
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INTELSAT LTD: ViewAfrica Extends Contract to Up Channel Offering Intelsat Ltd. reported that U.K.-based ViewAfrica has contracted for additional capacity on the Intelsat 10 satellite for increased channel distribution. ViewAfrica Network is distributing free-to-air programming bouquets reaching all the Sub-Saharan countries. "The Intelsat 10 satellite is the most attractive payload for us, containing multiple high-powered beams focused on the regions we seek to grow our business," said Awaes Jaswal, CEO, ViewAfrica Network. "We have once again turned to Intelsat because its industry-leading reliability and video penetration enables us to efficiently expand as market opportunities present themselves." "The IS-10 Ku-band service is ideally suited for DTH applications. We are working closely with customers like ViewAfrica in building and growing some of the most popular broadcast communities worldwide," said Jean Philippe Gillet, Intelsat's Regional Vice President, Europe and Middle East Sales. "The Intelsat 10 satellite, is Intelsat's premier video neighborhood for Africa." ViewAfrica Network, uplinking out of Stellar in Germany, carries a free-to-air bouquet of religious and general entertainment programming that currently includes the following networks: Daystar, LoveWorld, Press TV and Supreme Master TV. ViewAfrica is among 27 DTH platforms built on the global Intelsat system. About Intelsat Headquartered in Pembroke, Bermuda, Intelsat, Ltd. -- http://www.intelsat.com/ -- is the largest fixed satellite service operator in the world and is owned by Apollo Management, Apax Partners, Madison Dearborn, and Permira. Intelsat has offices in Brazil, China, Hong Kong, France, Germany, India, Singapore, South Africa, the United Arab Emirates, the United Kingdom and the United States. * * * As reported in the Troubled Company Reporter-Latin America on Feb. 19, 2008, Standard & Poor's Ratings Services lowered its corporate credit rating on Bermuda-based Intelsat Ltd. to 'B' from 'B+' and removed the ratings from CreditWatch. S&P said the outlook is stable. |
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