New Skies Satellites Holdings Ltd. posted a profit of $6.1 million on revenues of $61.2 million in the third quarter 2005, the company reported Nov. 9.

“Revenues are 14 percent higher relative to the same period last year, a consequence of the improvement in our fill rate to 63 percent compared to 55 percent a year ago and an environment where pricing has been stable,” Dan Goldberg, CEO of New Skies, said in a statement. “New business and renewals in the quarter were driven in large part by demand from government users as well as corporate network and video requirements.”

In the third quarter of 2004, New Skies earned $2.2 million on revenues of $53.8 million.

New Skies also completed the sale of its Australian subsidiary, New Skies Networks PTY Ltd., to Multiemedia Ltd. for $10 million. New Skies Networks owns and operates two teleports in Adelaide and Perth, Australia, and as part of the transaction, New Skies has agreed to purchase teleport services from Multiemedia. In turn Multiemedia, currently a customer of New Skies through its Newsat satellite services division, has agreed to procure additional satellite capacity on New Skies’ NSS-6 satellite. New Skies will use the net proceeds of the sale to repay a portion of its debt.

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