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Russia Does Deal With Eutelsat
Moscow (Interfax) Nov. 1, 2000 The state-owned Kosmicheskaya svyaz, or Space Communications company, has signed contracts in Paris with Alcatel of France and with European satellite communications organization Eutelsat . The first contract, which also involves the Reshetnyov Applied Mechanics Institute from Zheleznogorsk in the Krasnoyarsk territory, is for the production of three communications satellites in 2001-2003, Boris Antonyuk, the head of Kosmicheskaya svyaz, told Interfax. Alcatel will supply the installation equipment for the satellites, which will be launched during the same 2001-2003 period, Antonyuk said. The Alcatel contract alone will create more than 4,000 jobs in Russia. It will be worth $100 million. In all seven new-generation communications satellites should be launched between 2001 and 2004. Under the second contract, Eutelsat will lease 12 Ku channels to be provided by Russian Express AM-1 communications satellites, which will be placed in geostationary orbit from 2002. This 10-year contract is worth 66 million euros, and the European Union will start to finance it as early as this year. Community Email This Article Comment On This Article Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Stratos Steps Closer To Xantic Acquisition
Bethesda MD (SPX) Jan 5, 2006Stratos Global recently announced it had taken a step closer toward the completion of the acquisition of Xantic, having received positive advice from the Works' Council in the Netherlands, and executed a definitive agreement to purchase Xantic from KPN and Telstra Corporation. |
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