Prompt transfer of capacity designed
to minimise disruption to customers
LUXEMBOURG--(BUSINESS
WIRE/ME NewsWire)-- SES (Euronext Paris:SESG) (LuxX:SESG) announced that,
following a significant anomaly, the company is in the process of transferring
capacity from its AMC-9 satellite.
The incident was noted on the morning
of Saturday, 17 June 2017. SES has taken immediate action in contacting all
customers and is working to transfer services to alternative satellite capacity
in order to minimise disruption.
AMC-9 provided Ku-band and C-band
coverage over the U.S. and Mexico. The satellite was manufactured by
Alcatel/Thales and was launched in 2003.
SES is working closely with the
manufacturer to establish the cause of the anomaly and is evaluating all
satellite recovery options. The full impact of the anomaly is still being
assessed.
In the event that the spacecraft
cannot be recovered, the potential impact on SES’s full year 2017 group revenue
could be up to EUR 20 million. In this event, it would also be expected to
result in a one-off impairment charge of EUR 38 million.