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October 08, 2015 11:40 PM ET

Diversified Telecommunication Services

Company Overview of Hispasat, S.A.

Company Overview

Hispasat, S.A. provides satellite communications services. The company offers products in the areas of audiovisual market, companies/government, operator market, and satellite programs. It distributes and broadcasts television and radio channels through its satellites on the Iberian Peninsula and in Latin America; provides 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 provides satellite solutions to the providers of fixed telephony, Internet, mobile telephone, and telecommunications to de...

Paseo de la Castellana, 39

Madrid,  28046


Founded in 1989


34 91 710 25 40


34 91 372 90 00

Key Executives for Hispasat, S.A.

Chief Executive Officer and Director
Financial Director
Chief Technical & Operations Officer
Chief Commercial Officer
Non Executive Secretary and Director
Compensation as of Fiscal Year 2015.

Hispasat, S.A. Key Developments

Hispasat Reaches Agreement with Goonhilly Earth Station Ltd to Provide Television Distribution Services Throughout Europe

HISPASAT reached an agreement with British teleport owners Goonhilly Earth Station (GES) Ltd. to provide television distribution services throughout Europe. A transponder from the Hispasat 1E satellite will provide the capacity contracted over the next three years, which will be transmitted by means of one of the teleport antennas. The entire process chain of transmission has been set up and will be provided by GES. Through this agreement, both companies are introducing an attractive commercial offer to the market, which is aimed at achieving maximum flexibility so that the television channels can avoid the traditional barriers they come across, both in terms of cost and time scale, when they want to distribute their channels.

Hispasat Announces Earnings Results for the First Half Year Ended June 30, 2015

Hispasat announced earnings results for the first half year ended June 30, 2015. For the period, the company reported revenues of EUR 102 million, EBITDA of EUR 87 million and EBIT of EUR 43 million.

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.

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