SES eyes Africa growth with €1bn satellites

“Our board of directors decided a couple of years ago to invest heavily in Africa. We believe Africa and South-East Asia will offer the biggest growth opportunities for us.”Christoph Limmer, Senior Director for Market Development and Marketing in Africa at SES

The satellite, SES-5 — which will be launched on a Proton rocket in Kazakhstan in the fourth quarter of this year — will have 18 transponders and will provide additional capacity to On Digital Media (ODM), owner of TopTV, as well as other regional broadcasters.

SES-5 is one of two satellites SES, which is based in Luxembourg, is launching this year that will serve African markets.

The second, SES-4, will provide satellite television services to French-speaking countries in West and Central Africa and is being launched in the second quarter.

Together, the SES-4 and SES-5 satellites will cost €1bn, underlining the growth potential the Luxembourg-based company sees on the continent, especially in satellite TV.

View the complete article