Multi-year and multi-transponder contract demonstrates CANAL+ Group's long-term commitment to satellite and SES
SES S.A. (Euronext Paris:SESG) (LuxX:SESG) and CANAL+ Group have confirmed today the signature of a long-term, multi-year, multi-transponder framework agreement for SES satellite capacity in both France and Africa. The contract conditions are beneficial to both parties, and reflect the volume, extended duration and payment terms.
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SES and CANAL+ in Long-Term Capacity Agreement (Photo: Business Wire)
"CANAL+ Group is a long-standing partner for SES, and we are committed to support our customer's strategy and business in established and emerging markets," said Ferdinand Kayser, Chief Commercial Officer of SES. "We are pleased that this contract demonstrates CANAL+'s long-term commitment to satellite and to SES."
"Our long-term partnership with SES is an important element in our strategy to grow our reach, adapt to new technologies (HD and UHD), and maximize efficiencies," said Sylvain Géron, Chief Technology Officer, CANAL+ Group.
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SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in four key market verticals (Video, Enterprise, Mobility and Government). It provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions, and businesses worldwide. SES's portfolio includes the ASTRA satellite system, which has the largest Direct-to-Home (DTH) television reach in Europe, and O3b Networks, a global managed data communications service provider. Another SES subsidiary, MX1, is a leading media service provider and offers a full suite of innovative digital video and media services.Further information available at: www.ses.com
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