July 28, 2014 10:26 AM ET

Diversified Telecommunication Services

Company Overview of Hispasat, S.A.

Company Overview

Hispasat, S.A., together with its subsidiaries, operates as a satellite communications company. The company provides products and solutions in the areas of audiovisual market, companies/government, operator market, and satellite programs. It is involved in the distribution and broadcast of television and radio channels through its satellites on the Iberian Peninsula and in Latin America; provision of satellite services to public and private corporations that allow the deployment of corporate networks, remote control for environmental management, management of resources, and management of fleets and communications solutions for unmanned flights; and provision of satellite solutions to the pro...

Paseo de la Castellana, 39

Madrid,  28046

Spain

Founded in 1989

Phone:

34 91 710 25 40

Fax:

34 91 372 90 00

Key Executives for Hispasat, S.A.

Chief Executive Officer and Director
Financial Director
Chief Technical & Operations Officer
Non Executive Secretary and Director
Compensation as of Fiscal Year 2014.

Hispasat, S.A. Key Developments

Hispasat Approves Dividend for the Year 2013

Hispasat announced at AGM held on June 25, 2014, the shareholders of the company approved the distribution of a $14.8 million, which means a payout of 20% of the consolidated net result for 2013.

Abertis Confirms Bid For Space Communication

Abertis Infraestructuras S.A. (CATS:ABE) has confirmed that Hispasat, S.A. is bidding for a a controlling 64.4% stake in Space-Communication Ltd. (TASE:SCC) of its main shareholder Eurocom Holdings (1979) Ltd. A deal is yet to be finalized however. Abertis Infraestructuras S.A. would buy out the remaining shares and delist Space-Communication Ltd. if its bid were successful.

Hispasat Extends Agreement with RRSat, RTVE and Forta

Hispasat extended its service agreement with RRSat, RTVE and Forta covering broadcast of its audiovisual contents from its 30º West position. From this orbital position, the Hispasat Group provides optimal coverage of Europe, Northern Africa, and America, consolidating its position as the benchmark in the distribution of audiovisual channels and transmission of contents for leading direct-to-home (DTH) TV platforms, as well as high definition contents.

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