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Global satellite operator SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) announces that its SES Satellite Leasing business unit in the Isle of Man was selected as the successful bidder in yesterday’s public auction for the Protostar 2 satellite with a USD 185 million, all cash offer. Upon conclusion of the transaction, Protostar 2 will be integrated into the global satellite fleet of SES WORLD SKIES to provide incremental capacity over Asia. Protostar 2, built by Boeing, carries 22 physical Ku-Band transponders as well as 10 S-band transponders. The satellite was launched in May this year onboard a Proton rocket and is expected to provide at least 15-years of operational service. “SES WORLD SKIES already has a thriving video neighborhood in the immediate vicinity of...
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