Hispamar, a new Brazilian telecom subsidiary of Spain’s Hispasat, plans to spend $350 million to launch the Amazonas communications satellite in June 2004. The satellite control center and main office will be located at Hispamar’s headquarters in Rio de Janeiro; the telemetry antennas and operating control will be located in Guaratiba. The satellite will provide service to Brazil, other countries in Latin America, as well as connection services to Europe. The satellite will be located at 61 degrees West Longitude and is expected to operate for 15 years.