June 24th, 2011
Spacecom... Clamping Onto Capacity (Satellite)
Spacecom (Tel Aviv Stock Exchange: SCC), operator of the AMOS satellite fleet, has pre-sold capacity on the AMOS-5’s Ku- and C-band beams to an existing client who is a leading Southern African Internet technology provider. The agreement is valued at U.S. $12.5 million. AMOS-5 is scheduled to be launched to 17 degrees East and begin commercial operations later in 2011 with both pan-African C-band and Ku-band capacity. Spacecom’s existing client will be adding to its current capacity and will use AMOS-5 capacity for a variety of VSAT services and broadband backbone to service the financial and general enterprise sectors, among others, in its Southern African region.