[Satellite TODAY 05-11-10] The Government of Qatar has signed an investment deal with Eutelsat to operate a new high-capacity Ku-band satellite to provide the country with expanded coverage and power across the Middle East, North Africa and Central Asia, Eutelsat announced May 10.
    The satellite, a follow on from Eutelsat’s Eurobird 2, will be launched at the end of 2012 and placed in the 25.5 degrees East orbital slot. The satellite aims to secure Ku-band continuity for Eutelsat and additional Ku-band resources for IctQatar, a Qatar government-backed service provider, as well as initiate Ka-band capabilities for both parties.
    Separately, Eutelsat Communications announced that its third quarter 2009-2010 revenues grew 13.4 percent to 268.3 million euros ($344.4 million), which has caused the company to upgrade its year-end projections from 1.02 billion euros ($1.3 billion) to 1.035 billion euros ($1.328 billion).
   
More details on Eutelsat’s financial standing are featured in today’s Satellite News update. To access this feature, subscribe to Satellite News, our premium b2b satellite industry publication, by visiting www.satellitetoday.com/vip

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