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World Satellite Financing Summit
Paris - July 12, 1999 - As new projects roll out and stocks fall, rockets explode, and tight money markets continue to dog the satellite industry, top executives from around the world plan to converge on Paris to sort the good from the bad, review the progress of major projects, assess new starts, and discuss market trends and financing methods. The occasion, on September 2-3, 1999, is Euroconsult's World Summit on Financing for Satellite Communications & Broadcasting, which convenes for the third consecutive year. This is a unique opportunity to meet the CEOs or CFOs of virtually every satellite company in the world, from the more established mobile, broadband and fixed-service satellite companies to the industry's newest ventures, along with key international insurance and finance representatives. Heads of Agrani, Alcatel, Astrolink, Comsat, Constellation Communications, Cyberstar, Cyprus Gem, Ellipso, Eurasiasat, Eutelsat, Faisat, France Telecom, GE Americom, Hughes, ICO, Inmarsat, KaStar, Lockheed Martin Global Telecom, Loral, New Skies, PanAmSat, Rascom, SES/Astra, Skybridge, Spaceway, Telenor, Thuraya, WCS Radio, WorldSpace, have already confirmed their participation as of June 20th. They expect to invest more than $30 billion in the space segment over the next five years and they still have over $20 billion to raise. In addition to the real-life experience of these operators, attendees will hear about financing of satellite projects from leading financial institutions. Several will come from the seldom-seen but much sought-after spheres of nonbank, private equity financing, including major investors in international satellite ventures.
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