Eutelsat and Cable Color Renew Multi-year Agreement for Broadcast Services in Latin America
August 22 2024 - 4:30AM
Business Wire
- Eutelsat and Cable Color’s longstanding partnership extended
through new multi-year contract
- Assuring service continuity for Cable Color broadcast
services on EUTELSAT 117 West A satellite
Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London
Stock Exchange: ETL) and Honduras’s Cable Color LLC have signed a
new multi-year agreement renewing capacity for video broadcast
services over Central America on Eutelsat’s EUTELSAT 117 West A
satellite.
Cable Color, a prominent cable operator in the region, is a
long-standing customer of Eutelsat, and this new agreement
underscores its continued confidence in the quality of broadcast
services provided.
The 117° West location is the premium TV neighbourhood for Latin
America, offering pan-regional distribution of major networks and
content providers. 300 TV channels, 50 in HD, are currently
broadcast to around 110 million TV homes, and a strong cable
head-end penetration includes over 1900 cable head-ends in Latin
America and the Caribbean. 117° West is also a growing free-to-air
TV neighbourhood with 100 TV channels broadcasting in the clear,
including channels from key regional public and private
broadcasters.
On the new agreement, José Ignacio González-Núñez, Eutelsat
Group Senior Regional VP, Media Sales Americas said, “It has
been a privilege to partner with Cable Color as they remain one of
our most valued customers. We are honoured to host their services
on our premium E117WA satellite, which plays a vital role in
delivering video content across Latin America.”
Stefano Racciatti, Director General of Cable Color added,
“We are delighted to be able to rely on our long-standing partner,
Eutelsat, to provide high quality, dependable service continuity
for our customers throughout of footprint.”
++ ENDS ++
About Eutelsat Group Eutelsat Group is a global leader in
satellite communications, delivering connectivity and broadcast
services worldwide. The Group was formed through the combination of
the Company and OneWeb in 2023, becoming the first fully integrated
GEO-LEO satellite operator with a fleet of 35 Geostationary
satellites and a Low Earth Orbit (LEO) constellation of more than
600 satellites. The Group addresses the needs of customers in four
key verticals of Video, where it distributes more than 6,500
television channels, and the high-growth connectivity markets of
Mobile Connectivity, Fixed Connectivity, and Government Services.
Eutelsat Group’s unique suite of in-orbit assets enables it to
deliver integrated solutions to meet the needs of global customers.
The Company is headquartered in Paris and the Eutelsat Group
employs more than 1,700 people across more than 50 countries. The
Group is committed to delivering safe, resilient, and
environmentally sustainable connectivity to help bridge the digital
divide. The Company is listed on the Euronext Paris Stock Exchange
(ticker: ETL) and the London Stock Exchange (ticker: ETL).
DISCLAIMER
The forward-looking statements included herein are for
illustrative purposes only and are based on management’s views and
assumptions as of the date of this document. Such forward-looking
statements involve known and unknown risks. For illustrative
purposes only, such risks include but are not limited to: risks
related to the health crisis; operational risks related to
satellite failures or impaired satellite performance, or failure to
roll out the deployment plan as planned and within the expected
timeframe; risks related to the trend in the satellite
telecommunications market resulting from increased competition or
technological changes affecting the market; risks related to the
international dimension of the Group's customers and activities;
risks related to the adoption of international rules on frequency
coordination and financial risks related, inter alia, to the
financial guarantee granted to the Intergovernmental Organization's
closed pension fund, and foreign exchange risk. Eutelsat
Communications expressly disclaims any obligation or undertaking to
update or revise any projections, forecasts or estimates contained
in this document to reflect any change in events, conditions,
assumptions, or circumstances on which any such statements are
based, unless so required by applicable law. The information
contained in this document is not based on historical fact and
should not be construed as a guarantee that the facts or data
mentioned will occur. This information is based on data,
assumptions and estimates that the Group considers as
reasonable.
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version on businesswire.com: https://www.businesswire.com/news/home/20240822074702/en/
Find out more at
Media enquiries Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com
Katie Dowd Tel. +1 202 271 2209 kdowd@oneweb.net
Investors Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com
Hugo Laurens-Berge Tel. +33 670 80 95 58
hlaurensberge@eutelsat.com
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