Eutelsat Communications: Liquid Telecom Renews and Expands Capacity Agreements on Eutelsat s EUTELSAT 7B Satellite
Supporting the extension of Liquid Telecom s award-winning VSAT Broadband services
Regulatory News:
Liquid telecom, Africa s leading telecoms group, has renewed and expanded its Ku band capacity agreements on Eutelsat Communications (Paris:ETL) EUTELSAT 7B satellite.
Under this multi-year, multi transponder agreement, Liquid Telecom will further leverage the unparalleled coverage of Sub-Saharan Africa of the 7° East orbital position to extend its VSAT services. This will provide customers with fast and reliable internet access, even in the most remote corners of the region.
Commenting on the agreement, Philippe Oliva, Chief Commercial Officer of Eutelsat said:
Eutelsat Communications: EIB Supports Eutelsat for the Procurement and Launch of the KONNECT VHTS Satellite
Eight-year, €200 million EIB loan focused on the KONNECT VHTS programme, an advanced satellite providing unprecedented capacity for both fixed and mobile broadband services.
The project contributes to boosting high-speed broadband coverage on a pan-European level in line with the Gigabit Society targets of the European Commission.
Regulatory News:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210113005391/en/
The European Investment Bank (EIB), the long-term lending institution of the European Union, and Eutelsat (Paris:ETL), one of the world s leading satellite operators, announced a €200 million financing agreement at the European Space Conference today. This eight-year loan will back investments related to the procurement and launch of the KONNECT VHTS satellite for the provision of advanced broadband
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