Spacecom Signs Contract with Asiasat to Operate a Satellite at 4 degrees West

Tel Aviv, Israel, December 1, 2016--Spacecom (Tel Aviv Stock Exchange: SCC) today announced that it entered into an agreement with AsiaSat to relocate its AsiaSat 8 satellite, from its current orbital position to Spacecom’s 4°W orbital position. AsiaSat 8 will be co-located with AMOS-3, for a four (4) year period.

AsiaSat 8 will complement AMOS-3 in offering a full range of communication services. The satellite, expected to begin service for Spacecom in Q1 2017, will replace AMOS-2. Spacecom has an option to extend the agreement for an additional year of service.
Upon receipt of the required regulatory approvals, AsiaSat will relocate its satellite to the 4°W orbital position where it is expected to arrive within 45 days. Following testing AsiaSat 8’s beams will cover the Middle East, Central Eastern Europe and Africa enabling Spacecom to provide additional capacity and services to its customers.
David Pollack, CEO and president of Spacecom, said, “We are glad to strengthen our connection with AsiaSat. AsiaSat 8 satellite enables us to continue serving our customers at 4W orbital location following the expected end of life of AMOS-2 and provide them with additional capacity and services.”

Andrew Jordan, President & CEO of AsiaSat, said, “We welcome Spacecom as our latest customer. AsiaSat 8’s superior performance offers an ideal fit for Spacecom’s needs. We look forward to growing this strong partnership in the years to come.”

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