ABC Money
Home

Eutelsat, Viasat to work together on providing internet services


Published :
Tue, 08 Jan 2008 07:50
By : Agencies
Print this Story


AddThis Social Bookmark Button

PARIS (Thomson Financial) - Viasat Inc said it has agreed with Eutelsat Communications, Loral Space & Communications Corp and Telesat to work together to expand broadband internet services via satellite.

ViaSat and Eutelsat are cooperating around ViaSat's Ka-band SurfBeam networking system and a common wholesale business model to offer service through ISPs, telecommunication companies, and direct-to-home television providers, the US company said.

Eutelsat announced separately that it has selected EADS Astrium to deliver its first satellite operating exclusively in Ka-band frequencies.

The satellite will form the cornerstone of a major new satellite infrastructure programme that will significantly expand capacity for consumer broadband services across Europe and the Mediterranean Basin, while providing new opportunities for local and regional television markets, it said.

In a linked move, Viasat said it has awarded a contract to Space Systems/Loral, a subsidiary of the Loral group, for the construction of Viasat-1, which it expects to be the world's highest capacity broadband satellite.

The company has secured financial commitments from partners of over 100 mln usd to date towards ViaSat-1, it said.

Eutelsat and ViaSat are already partners in Eutelsat's Tooway Ka-band service using the Hot Bird 6 satellite, the company added.

Andrew.Newby@Thomson.com

an/lam

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




Share on


 You Might Like
Eutelsat Q1 sales jump 6.2 pct; targets 5.5 pct CAGR to 2010
Italy's Viasat suspends IPO procedure due to market worries, to restart in 2008
+
Drillisch and United Internet continue to work on Freenet takeover - sources

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
13448.86
+91.12 ( 0.68 %)
NASDAQ
2630.24
+33.88 ( 1.30 %)
FTSE 100
6313.40
-50.50 ( -0.79 %)

SYMBOL ( 2007-09-28 )
LAST
CHANGE
LONMIN ( 11:35am )
3649.00
+251.00 ( 7.28 %)
CARNIVAL ( 11:35am )
2374.00
+157.00 ( 7.07 %)
ANGLO AMERICAN ( 5:16am )
3259.99
+80.99 ( 2.55 %)
RIO TINTO ( 11:35am )
3528.00
+65.00 ( 1.89 %)
ALLIANCE & LEICESTER ( 11:35am )
795.00
+62.00 ( 8.34 %)

SYMBOL ( 2007-09-04 )
LAST
CHANGE
AMERICAN EXPRESS ( 4:00pm )
60.77
+2.15 ( 3.66 %)
CATERPILLAR INC ( 4:01pm )
76.85
+1.08 ( 1.42 %)
HEWLETT PACKARD CO ( 4:02pm )
50.14
+0.79 ( 1.61 %)
UNITED TECHNOLOGIES CORP ( 10:30am )
75.71
+0.69 ( 0.92 %)
GENERAL MOTORS ( 1:16pm )
34.79
+0.57 ( 1.67 %)

SYMBOL ( 2007-09-04 )
LAST
CHANGE
APPLE INC ( 4:00pm )
144.16
+5.68 ( 4.06 %)
DAWSON GEOPHYSICAL ( 4:00pm )
73.50
+5.64 ( 8.21 %)
INTUITIVE SURGICAL INC ( 4:00pm )
226.68
+5.40 ( 2.42 %)
SUNPOWER CORPORATION ( 3:35pm )
72.60
+4.27 ( 6.22 %)
ENSTAR GROUP LIMITED ( 4:00pm )
131.54
+4.01 ( 3.19 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save