Entrance of U.S. companies will distort Mexican satellite market,...
Entrance of U.S. companies will distort Mexican satellite market, Satmex CEO Lauro Gonzalez said Wed. after PanAmSat (CD Aug 15 p6) and GE Americom received licenses to land signals in Mexico for next 10 years. Satmex paid $516 million…
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for its operating license in 1997, while GE Americom and PanAmSat agreed to pay $300,000 annually over duration of their deals.