Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Tuesday, December 05, 2006

Eutelsat Communications Statement

Eutelsat Communications Statement

PARIS, December 5/PRNewswire-FirstCall/ -- Eutelsat Communications acknowledges the transactions
announced by Abertis Telecom to acquire 32% of its share capital, and by the
investment bank Lehman Brothers International (Europe) to acquire
approximately 2% of its share capital from certain shareholders at a price of
15.50EUR per share.

The company indicates that Abertis Telecom had access to a
limited data room, subject to confidentiality commitments, and with the
authorisation of the Board of Directors of Eutelsat Communications at its 7
November meeting.

No information liable to have a significant impact on the
share price of Eutelsat Communications was communicated to Abertis within the
framework of this authorisation.

About Eutelsat Communications

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is
the holding company of Eutelsat S.A.. With capacity commercialised on 23
satellites that provide coverage over the entire European continent, as well
as the Middle East, Africa, India and significant parts of Asia and the
Americas, Eutelsat is one of the world's three leading satellite operators in
terms of revenues. At 30 June 2006 Eutelsat's satellites were broadcasting
over 2,100 television channels and 970 radio stations, of which over 900
channels were broadcasting via its HOT BIRD(TM) video neighbourhood which
serves more than 110 million cable and satellite homes in Europe, the Middle
East and North Africa. The Group's satellites also serve a wide range of
fixed and mobile telecommunications services, TV contribution markets,
corporate networks, and broadband markets for Internet Service Providers and
for transport, maritime and in-flight markets. Eutelsat's broadband
subsidiary, Skylogic, markets and operates services through teleports in
France and Italy that serve enterprises, local communities, government
agencies and aid organisations in Europe, Africa, Asia and the Americas.
Headquartered in Paris, Eutelsat and its subsidiaries employ 490 commercial,
technical and operational experts from 27 countries.

www.eutelsat.com


For further information

Press Relations
Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr
Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr

Investor Relations
Gilles Janvier, Tel: +33-1-53-98-35-35,
investors@eutelsat-communications.com

Source: Eutelsat Communications

For further information: Press Relations, Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr, Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr. Investor Relations, Gilles Janvier, Tel: +33-1-53-98-35-35, investors@eutelsat-communications.com

-------
Profile: intent

0 Comments:

Post a Comment

<< Home