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Revenues from Azerbaijan’s first telecom satellite operation disclosed

ICT Materials 3 December 2018 10:00 (UTC +04:00)

Baku, Azerbaijan, Dec. 3

By Huseyn Veliyev - Trend:

Azerbaijan's first telecommunication satellite Azerspace 1 brought in revenues worth $88 million since its launch into geostationary orbit, Azerbaijan’s Azercosmos OJSC, which operates geostationary satellites Azerspace 1, Azerspace 2 and low-altitude satellite AzerSky, told Trend.

Azercosmos OJSC said that 80 percent of Azerspace 1 resources have been commercialized.

Azerbaijan's first telecommunication satellite Azerspace-1 was launched into geostationary orbit on Feb. 8, 2013. The satellite was launched from the Kourou space base by Arianespace.

Azerspace 2 was launched from the Guiana Space Center on September 26, 2018. The satellite is designed to provide a range of telecommunications services. The satellite’s service area includes countries of Europe, Central and South Asia, the Middle East and Africa.

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Follow the author on Twitter: @h_veliyev

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