Tag Archives: HellasSat

Arabsat acquisition of HellasSat will improve coverage

Leading Saudi Arabian communications satellite operator Arabsat has completed the USD 208 million purchase of HellasSat, and earmarked a USD 700 million investment programme to provide two new satellites for the Greek satellite operator. The deal announced in February saw Arabsat pay USD 157 million for HellasSat along with an additional payment of USD 53.4 [...]