Hispasat released its results for 2012, revealing that the satellite company invoiced over 200 million euros and grew 6.85 percent compared to 2011.
This same year the Spanish company in 2012 finished the construction of Amazonas 3, which was launched last February. It’s the first satellite in the region with K-band with plans to extend the Internet to the region. As a celebration of its launch, Hispasat broadcast through the satellite, in Ultra HDTV 4K for the first time in Latin America.
“This growth has only been possible thanks to our leadership in the Latin America satellite market, in which our position has been reinforced in 2012 by launching a new mission and keeping our investments,” said Elena Pisonero, Hispasat’s president.
“EBITDA was 161 million euros, 4.15 percent more than 2011 and our EBITDA margin is over 80 percent, which means that Hispasat is one of the most efficient satellite companies in the world,” explained Pisonero.
Hispasat also revealed some of its future plans including; the company will keep the development projects of the satellites AG1 and 1F; and began a new mission to meet the increasing demand in Latin America. A large proportion of telcos operating in the region have already migrated their services to Amazonas 3, and Hispasat is getting ready to launch Amazonas 4A and 4B.
