European satellite operator SES Astra says its parent company, SES Global, has increased its shareholding in two-way broadband satellite firm Satlynx from 41% to 77%, taking full operational control.
SES' participation will be managed through SES Astra. SES Astra CEO Ferdinand Kayser said: "This shareholder restructuring enables us to further align Satlynx with the strategic objectives of SES Astra.
"Satlynx's managed networks expertise complements SES Astra's and is consistent with our strategy of developing our ability to provide end-to-end customer solutions."
Satlynx customers include multinational networks for logistical information sharing, credit card transactions and broadcast distribution, as well as broadband internet access in remote areas beyond the reach of cable or ADSL.
Lovelacemedia | 12.04.2005