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SES Astra Gains Full Ownership of SES Sirius

By Staff Writer | March 8, 2010

      [Satellite TODAY 03-08-10] SES Astra has taken full ownership of SES Sirius, acquiring the remaining 10 percent of SES Sirius shares from the Swedish Space Corp., SES Astra announced March 5.
         SES became a shareholder in SES Sirius in October 2000 with a 50 percent stake. Over the last decade, SES Astra gradually increased its stake to 90 percent by 2008.
         SES Sirius operates a satellite system in the Nordic and Baltic countries with a strong market position in Central and Eastern Europe. It has offices in Sweden, Latvia, Russia, Ukraine and Romania. The Sirius satellites are positioned at 5 degrees East.