Posted: Tuesday, March 12, 2002
Alcatel Space announced today that the Company has signed a contract to build a new satellite for the U.S. based satellite communications provider SES AMERICOM Inc an SES Global company (Luxembourg Stock Exchange: SESG; Frankfurt Stock Exchange: SDSL). This order is for the construction and delivery on the ground of a new satellite named AMC-23. The company also disclosed that, in February, SES AMERICOM has cancelled orders for two transoceanic spacecrafts, as permitted by the T&Cs of the contract.
The new Alcatel Space-built satellite is based on the Company's highly reliable 4000 Spacebus platform, one of the largest and most powerful commercial satellite platforms available on the market today. The new satellite will enable SES AMERICOM to expand its global fleet, delivering TV and multimedia applications within the Asia Pacific region and across the Pacific.
Weighing 4,850 metric tons and operating 60 C-band transponders, the satellite will be built in Alcatel's Cannes and Toulouse (France) clean rooms. Dean Olmstead, President and CEO, SES AMERICOM, said "These steps better align our transpacific capacity expansion with market requirements. We are confident that Alcatel Space will produce a high quality spacecraft that our customers will value".
Pascale Sourisse, Alcatel Space Chairman and Chief Executive Officer, stated in connection with this announcement: "We are very happy and proud of this new contract which confirms SES AMERICOM's confidence in both the quality and competitiveness of Alcatel Space's satellites. At this time we have from SES GLOBAL a total construction commitment of 5 spacecrafts".
About Alcatel Space
Alcatel Space ranks among the world's leading space systems prime contractors. Leveraging its dual expertise in civil and military applications, Alcatel Space develops satellite technology solutions for telecommunications, navigation, optical and radar observation, meteorology, and scientific applications. A fully-owned subsidiary of Alcatel (100%), Alcatel Space generated 2001 revenues of 1.4 billion Euros and has 6,000 employees.
Alcatel (Paris: CGEP.PA and NYSE: ALA) designs, develops and builds innovative and competitive communications networks, enabling carriers, service providers and enterprises to deliver any type of content, such as voice, data and multimedia, to any type of consumer, anywhere in the world. Relying on its leading and comprehensive products and solutions portfolio, stretching from end-to-end optical infrastructures, fixed and mobile networks to broadband access, Alcatel's customers can focus on optimizing their service offerings and revenue streams. With sales of EURO 25 billion in 2001 and 99,000 employees, Alcatel operates in more than 130 countries.
About SES AMERICOM
With over twenty-five years' experience, SES AMERICOM, Inc. is recognized as a pioneer and leading provider of global satellite communications services currently providing capacity on 16 spacecraft capable of serving the Americas, Europe, the Atlantic and Pacific Ocean Region and Asia. As a member of the SES GLOBAL family AMERICOM is able to provide end-to-end telecommunications solutions to any region in a world.
About SES Global
SES GLOBAL SA has a fleet of 28 satellites and can deliver broadband satellite services to more than 90% of the world's population. In addition SES GLOBAL's strategic partnerships and participation in AsiaSat, NSAB, Star One Americom Asia-Pacific and Nahuelsat combine to give entertainment, telecommunications, Internet, news and enterprise customers access to a fleet of 41 satellites.
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