PARIS & BUENOS AIRES, Argentina--(BUSINESS WIRE)--
Velconet SA, an Argentinian telecommunications company specializing in communications solutions for rural areas, has signed a multi-year agreement with Eutelsat Americas, a subsidiary of Eutelsat Communications (NYSE Euronext Paris: ETL), to provide broadband services across Argentina, Peru, Paraguay and Chile via the EUTELSAT 115 West B satellite.
Velconet will use EUTELSAT 115 West B’s robust Ku-band coverage and exceptional power levels across the Southern Cone to provide broadband connectivity in areas located beyond the reach of terrestrial networks. The service will target corporate customers mainly in the agricultural industry, which represents one of the largest economic sectors in Argentina with over 250,000 farms, in addition to Tourism, Construction, Banking, and Small Businesses.
Pablo Rasore, Founder and CEO of Velconet, said: “We are really pleased to have reached an agreement with Eutelsat that will, with no doubt, benefit thousands of small and medium farmers and other businesses in the region. This is a big effort in terms of investment but I trust the market will respond.”
Patricio Northland, CEO of Eutelsat Americas, said: “We are delighted to be taking satellite broadband even further through this agreement with Velconet. It is a step that will narrow the digital divide and significantly promote business across Argentina and beyond.”
About Velconet
Velconet S.A., a Satellite Service Provider since 2002, is now part of Andesat´s Group of Companies focused in providing the best and state of the art Satellite Solutions for the underserved regions. With presence in Argentina through Anylink and Velconet, in Peru with Andesat Peru SAC, and in Chile Andesat itself, directly and indirectly, with its different Channels and Integrators, we provide value added services to industries such as Farming, Minning, Oil & Gas, Turism, Construction, Cellular Backhaul, Cellular Networks extension to Rural areas, Salmon Farming, Maritime and Fixed Services from its Teleports in Argentina, Chile and Peru.
For more about Velconet please visit www.velconet.net.ar
About Eutelsat Communications
Established in 1977, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world's leading and most experienced operators of communications satellites. The company provides capacity on 39 satellites to clients that include broadcasters and broadcasting associations, pay-TV operators, video, data and Internet service providers, enterprises and government agencies. Eutelsat’s satellites provide ubiquitous coverage of Europe, the Middle East, Africa, Asia-Pacific and the Americas, enabling video, data, broadband and government communications to be established irrespective of a user’s location. Headquartered in Paris, with offices and teleports around the globe, Eutelsat represents a workforce of 1,000 men and women from 37 countries who are experts in their fields and work with clients to deliver the highest quality of service.
For more about Eutelsat please visit www.eutelsat.com
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