[SatNews] In the auction held in Brazil for the rights to exploit four orbit positions, Hispamar Satélites, the Brazilian subsidiary of Spanish satellite operator HISPASAT, gained rights to exploit the Ku-band at the orbital position 74 degrees West.
The Spanish operator has now added a new orbital position to the three it already has rights to (30 degrees West, 61 degrees West and 36 degrees West), plus a fourth (55.5 degrees West), where it also operates thanks to an agreement with Intelsat.
Hispamar Satélites won the last of the four auction rounds run by the Brazilian regulatory agency Anatel and claimed the right to the Ku band in this new position for a price of 50.3 million reals (approximately 16 million dollars).
The operator will be able to exploit this right for 15 years, which may then be extended for another 15 years. Other bidders included Telesat, Yahsat and Eutelsat.