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May 03, 2015 12:47 PM ET

Diversified Telecommunication Services

Company Overview of Hispasat, S.A.

Company Overview

Hispasat, S.A., together with its subsidiaries, provides satellite communications services. The company provides products and solutions in the areas of audiovisual market, companies/government, operator market, and satellite programs. It is involved in the distribution and broadcast of television and radio channels through its satellites on the Iberian Peninsula and in Latin America; provision of satellite services to public and private corporations that allow the deployment of corporate networks, remote control for environmental management, management of resources, and management of fleets and communications solutions for unmanned flights; and provision of satellite solutions to the provide...

Paseo de la Castellana, 39

Madrid,  28046

Spain

Founded in 1989

Phone:

34 91 710 25 40

Fax:

34 91 372 90 00

Key Executives for Hispasat, S.A.

Chief Executive Officer and Director
Financial Director
Chief Technical & Operations Officer
Non Executive Secretary and Director
Compensation as of Fiscal Year 2014.

Hispasat, S.A. Key Developments

Export Development Canada Announces Financing of EUR 140 Million to HISPASAT Group for the Construction of Amazonas 5

Export Development Canada (EDC) announced financing of EUR 140 million to the HISPASAT Group (Hispasat) for the construction of Amazonas 5 by Canada's MacDonald, Dettwiler and Associates Ltd. (MDA). The Amazonas 5 satellite will be built by SSL, a subsidiary of MDA. This new multi-mission satellite will respond to growing demand for satellite capacity, primarily for TV platforms, in Latin America. This will be the fourth satellite SSL constructs for Hispasat Group. EDC has the capacity as a global financier to support projects of any size. This is the second time EDC has provided financing to Hispasat, with the first loan provided in August 2014.

Hispasat Announces Earnings Results for the Year 2014

Hispasat announced earnings results for the year 2014. The company reached revenues of EUR 202.1 million in 2014, almost flat compared to EUR 201.4 million in the previous year. The Americas region accounted for over 60% of Hispasat's business in fourth quarter. The company's EBITDA totaled EUR 161.8 million, flat year-on-year.

Hispasat and Intelsat Extend Agreement to Jointly Provide Satellite Services at the 55.5 Degrees West Orbital Position

Hispasat, S.A. and Intelsat S.A. have extended their agreement to jointly provide satellite services at the 55.5 degrees West orbital position. The partners said the new long-term deal would allow them grow at this orbital position and offer new services to customers in Latin America.

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