[Satellite Today 11-04-08] Bezeq Israel Telecom has sold its satellite communications operations to RRsat Global Communications Network, Bezeq announced Nov. 4.
Bezeq said will post a capital gain of 49 million shekels ($13 million).
"The sale of the satellite communications activities is part of Bezeq’s ongoing strategy of focusing on its core business," Bezeq CEO Avi Gabbay said.
The operations sold to RRsat provide telephone, video and Internet satellite services and serve as a platform for satellite broadcasts from Israel to overseas. Among its customers are CNN, the BBC and various news agencies.
RRsat Purchases Bezeq Satellite Operations
Open Cosmos Targets 192 Satellites for ConnectedCosmos LEO Constellation
Open Cosmos’ is targeting 192 satellites for its ConnectedCosmos Low-Earth Orbit (LEO). The company is building toward more than 96 satellites in orbit by the end of 2028, putting it […]
