RRSat Acquires Hawley Teleport
[Satellite Today – 5-5-08] RRSat Global Communications Network Ltd. completed its acquisition of the Hawley Teleport from Skynet Satellite Corp., RRSat announced May 2.
As part of the $4.3 million transaction, RRSat will acquire all the property, assets and licenses of the Hawley teleport, located in Pike County, from Skynet Satellite Corp. The teleport, formerly owned by Loral Skynet, includes a 40,000-square foot facility and about 200 acres of land.
“We are very pleased to complete the acquisition of this premier teleport facility in Pennsylvania, our first such acquisition in the United States,” David Rivel, founder and CEO of RRSat, said in a statement. “This acquisition is the first step in our strategic plan to build a strong local presence in North America, further expanding our proprietary RRSat Global Network. We believe that the teleport is uniquely suited to complement our growing services and customer base given its facilities as well as being geographically well-positioned for our service requirements.”