2024-03-18 21:31:15
Eutelsat Group (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) (Paris:ETL) (LSE:ETL) announces that StarTV, one of Mexico’s leading DTH operators, has selected the EUTELSAT 117 West B satellite for the launch of StarFlix, its new video streaming service.
This latest multi-year, multi-transponder capacity agreement will enable StarTV to offer an innovative new on-demand streaming service to customers with a wide range of quality content, complementing its pay TV service. Available from mid-March, viewers across Mexico, even in rural areas without terrestrial connectivity, will be able to enjoy the StarFlix service, with a wide range of programs and films beamed to their screens via satellite.
This agreement builds on the long-standing relationship between Eutelsat Group and Star TV, which already uses the EUTELSAT 117 West A and EUTELSAT 117 West B satellites. Its fast-growing DTH service offers a diverse portfolio of packages, catering to all budgets, with well over 100 TV channels and almost half a million subscribers.
Monica Aguirre, deputy CEO of StarTV, stated: “We are very happy to count on our partner, Eutelsat, to launch this innovative service for viewers in Mexico. Our goal is to provide universal access to our innovative streaming OTT service, StarFlix, even in regions without internet coverage or financial constraints. StarTV has grown rapidly in recent years to position itself as one of Mexico’s leading broadcasters, and we are excited to add Starflix to complement our range of offerings.”
Jose Ignacio Gonzalez Nunez, senior vice president of media for the Americas, added: “It is an honor to extend our partnership with StarTV with the selection of EUTELSAT 117 West B for their main streaming platform in the Mexican market. This latest agreement demonstrates the dynamism of the Mexican broadcast market, as well as the continued role of satellite in allowing television operators to reach the widest possible audience. We look forward to supporting StarTV as its innovative business and offerings continue to grow.”
About Eutelsat Group
The Eutelsat Group is a global leader in satellite communications, offering connectivity and broadcast services around the world. The Group was formed by the combination of Eutelsat and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 geostationary (GEO) satellites and a low Earth orbit (LEO) constellation of more than 600 satellites. The Group serves customer needs in four key video verticals, where it distributes more than 6,500 television channels, and in the high-growth connectivity markets of mobile connectivity, fixed connectivity and government services. Eutelsat Group’s unique set of in-orbit assets and ground infrastructure enables it to offer integrated solutions to meet the needs of global customers. The company is headquartered in Paris and the Eutelsat Group employs more than 1,700 people in more than 50 countries. The Group is committed to providing secure, resilient and environmentally sustainable connectivity to help reduce the digital divide. The company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL).
Find out more at www.eutelsat.com
DISCLAIMER
The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date hereof. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include, but are not limited to: risks related to health crises; operational risks related to failures or compromised performance of satellites, or failure to execute the deployment plan as planned and within the expected time frame; risks related to trends in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group’s customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, among others, to the financial guarantee granted to the Intergovernmental Organization’s closed pension fund, and risks related to exchange rate differences. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained herein to reflect any change in events, conditions, assumptions or circumstances upon which such statements are based, unless required by law applicable. The information contained in this document is not based on historical facts and should not be interpreted as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers reasonable.
The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.
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Source: BUSINESS WIRE
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