Customers whose communication services
are provided by Israel's Amos 5 satellite
found themselves at loose ends on Saturday
when contact with the satellite was lost at
6:45 a.m.
In a report to investors and the Israel Stock
Exchange, Spacecom, which owns the Amos
5, said it had no explanation for what
specifically had caused it to lose contact
with the satellite. A mechanical failure, a
short circuit, or being struck by a meteor or
space junk are all possibilities.
Amos 5, which was launched in 2011,
includes 68 segments and covers the Middle
East, Europe, and Africa. According to
Spacecom records, Amos 5 has generated a
total of $140 million in service orders. The
satellite generates some $40 million in
revenue annually and its worth is assessed
at between $190 and $160 million.
Amos 5 is insured by an international
syndicate for $158 million. In the letter to
investors, Spacecom stated that initial
calculations indicated that a total failure of
the satellite would have only a marginal
effect on the company's capital.
Eurocom Group, which holds the rights to
the satellite's position at 17 degrees east
will now have to locate a replacement
satellite. A new satellite can be built and
launched, or another satellite already in
space and available for purchase can be
acquired and moved into position to
continue providing Internet and television
services to the African market.
Only last week, reports were published that
Spacecom had been contracted to provide
television and Internet services to
Cameroon.
The news that contact with Amos 5 has
been lost comes as Eurocom, which owns
64.5% of Spacecom, is in the process of
selling the company, whose market value
recently stood at 1.1 billion shekels ($280
million)

www.israelhayom.com/site/newsletter_article.php?id=29849

E no concern me

All these gra gra wey fg carry dey fight biafra had it been say them use am against boko haram,by now e for don become past tense.

At the end ￎBIAFRA will still come

Isreali Satellite lost communication with earth base, How is that anyway related to Biafra ?

and the child rapist,the dullard of daura committed more than #4billion just to stop radio Biafra but we are still live and direct,this is Radio biafra

@the dullit when the ZOO buy the satellite what the did was to turn it off from the command center and that affect all the customers,just because of a tiny radio Biafra do you need further explanation? punk!

DaBullIT:
Isreali Satellite lost communication with earth base, How is that anyway related to Biafra ?

that same satellite was the former carriers of Radio Biafra Signal and the zoo govt. Went and bought it over with millions of dollars and the isreal company bleached the contract of the Biafrans....... We left them in good faith and God also left them in confusion too......

The God of IPOB never sleeps

The land of the rising sun.BIAFRA

Comments are free my bro , only facts are sacred.