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[Satellite TODAY Insider 04-02-11] Spanish regional operator Hispasat increased its 2010 full-year revenues by more than 20 percent to181.3 million euros ($256.89 million) compared to the same stage last year, the company announced in its latest financial results issued March 31.
While Hispasat already boasts a strong presence in both Europe and Latin America, the operator reported that 44 percent of its 2010 came from overseas markets. Hispasat Chairwoman Petra Mateos, who was named Via Satellite’s 2010 Satellite Executive Of The Year, said the operator would continue to incorporate plans to expand its international presence in its long-term business model.
“We are moving forward in our internationalization process and we are opening new markets like the United States, Mexico and Central and Eastern Europe. These markets will be essential for Hispasat’s growth and will allow us to continue to capture a large portion of the demand associated with the growth of satellite communications services,” Mateos said.
According to Mateos, Hispasat has targeted the United States’ Latino population of approximately 44 million as a priority market with high expectations for growth. “With the Amazonas 1, we have extended our coverage to the entire continental United States. This same satellite, with a reduced size mobile antenna, allowed emergency communications in New Orleans to be re-established after Hurricane Katrina. With the commercial rollout of the Amazonas 2 in 2010, Hispasat has reinforced its presence in the United States, a country to which an important part of its capacity is allocated,” she said.
Hispasat has various teleports throughout the United States in Atlanta, Miami, Texas and Los Angeles, from which the operator distributes audiovisual content and deploys major data networks.
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