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Argentina will create company on watch of satellites

Argentina has assigned two orbital positions: the one of 71,8º the West and the one of 81º the West, granted to the company Nahuelsat, that in 1997 placed in orbit the first Argentine satellite, Nahuel I


The Argentine Government will send to the Parliament a law project to create a company of services of communications via satellite with an initial state investment of 50 million weights (17.3 million dollars). The new company, that will be called Company Nacional de Satelite Soluciones the AR-Sat and that also will count on deprived investment, will offer services from satellites in the orbital position assigned to Argentina by the Union the International of Telecommunications.

The objective of the company is going to be to serve satelite of distribution of signal of television and radio, direct television to the home, Internet, data transmission, multimedial transmission, for leases with little or no infrastructure, detailed the minister of Federal Planning, Julio de Vido.

In the new society, the Argentine State will reserve to the call gold action to have right to I veto in the decisions of the directory, whereas the majority of the shareholder capital is in private hands.

As planned in the law project, the actions class B of the AR-Sat will be offered in national and international public contest or auctioned in public supply through stock-market of Commerce of Buenos Aires or other international markets.

It is anticipated that the company/signature obtains about 200 million dollars in the sale of the actions.

Those titles could be acquired by companies like average the Argentine group of Bugler, the companies of Telecom telephony, Telmex and Telefónica of Argentina (integral of the Telephone Spanish group), the one of movable telephony CTI and the television channel Telefé.

Immediate goal of the AR-Sat will be the putting into orbit of the second Argentine satellite, that will develop the state company of the Argentine province of River Negro Invap.

Argentina has assigned two orbital positions: the one of 71,8º the West and the one of 81º the West, granted to the company Nahuelsat, that in 1997 placed in orbit the first Argentine satellite, Nahuel I.

Nahuelsat presented/displayed in 1999 a project to construct and to place in orbit a second satellite, but the investment never took shape, reason why in 2004 the Government cleared the awarding to him of the position of 81º the West, considered key because he allows to offer services from communication to the American continent.


(Agencies, 15-07-05)

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