EchoStar Corp. (NASDAQ: SATS) said it has acquired 100% ownership of Solaris Mobile Ltd., a next-generation mobile satellite services operator based in Dublin, Ireland and one of the European Union licensees of mobile satellite service with a complementary ground component (S band).
Solaris Mobile is deploying a satellite and terrestrial network for wholesale access to enhanced mobile communications across Europe in the 30 MHz S band licensed to Solaris Mobile. In connection with the acquisition, EchoStar has entered into an agreement with Solaris Mobile to provide it with MSS capacity on a new next-generation MSS satellite.
Solaris Mobile, a joint venture between Eutelsat and SES, was set up in 2008 to develop next generation mobile communication services. For more information, visit http://www.solarismobile.com.
Headquartered in Englewood, CO, with additional business units worldwide, EchoStar is a premier global provider of satellite operations and video delivery solutions. For more information, visit www.echostar.com