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Eutelsat studies to expand in Latin America
The operator of satellites is studying to increase his participation in the Hispasat Spanish and to buy the Mexican Satmex to expand in the markets potentially more powerful of Latin America

Thus the delegated adviser of Eutelsat has commented it, Giuliano Berretta.

Eutelsat has 27.7% of Hispasat, that manages three satellites. One of them, Amazon-1, covers Latin America, while the other have a capacity of connection between Europe and Latin America. Hispasat also decided recently to construct Amazon-2, that will operate with some rights of frequency of Eutelsat.

The main shareholders of Hispasat include the Spanish operator of telecommunications Telephone, Bank Bilbao Biscay Argentaria (BBV), as well as to the National Institute of Aerospace Technique.

“Latin America is an interesting market for the operators of satellites”, declared Pacome Revillon, delegated adviser of Euroconsult, a consultancy of the sector of the industry of the satellites. “The region is again in the footpath of the growth and as soon as they exist operating of satellite with a fortified position here. Latin America has a great potential of diffusion in the sector of the telecommunications and the television”.

Berretta emphasized that to have the Spanish infrastructure company Abertis SA (ABE.MC) as main shareholder of Eutelsat could help to calm any preoccupation on the part of the Spanish government about the fusion of Hispasat with a foreign company. Abertis bought a participation of 32% in Eutelsat at the end of the past year.

Nevertheless, Berretta declined to be more specific on the details of a possible purchase.

The sale of Satmex is predicted for the first semester of May. The Mexican government has 20% of the company and his creditors 78%.

The combination of Satmex with the resources of Hispasat would allow one more a ampler cover of the continent that the one of Hispasat by itself, honored Jean-Paul Brillaud, vice delegated adviser of Eutelsat.

In relation to its organic growth, Eutelsat is betting reason why it calls the “second continent”, a zone including