Hellas-Sat Consortium Ltd. (Hellas-Sat) is the owner and a wholesaler of capacity and services of the Greek/Cypriot Hellas-Sat-2 satellite which was launched successfully on 13 May, 2003 to the 39°E orbital position in the Geostationary Satellite Orbit. The Hellas-Sat-2 satellite is controlled via two proprietary TT&C stations located in Greece and Cyprus. In 2013 Hellas-Sat was acquired by Arabsat.
Hellas-Sat has developed a network of strategically located teleport partners with DVB platforms, carrying over 100 television channels, and IP-based services through its two fixed beams over Europe, and two steerable beams over the Middle East and South Africa. It offers high-power, direct-to-home transmissions as well as occasional video feeds and Internet access services.
HellasSat was founded in 2001 and is a subsidiary of Hellenic Telecommunications Organization (OTE S.A.), the biggest telecommunications provider in southeastern Europe.
On May 13th 2003 Hellas-Sat 2 satellite was launched and has an expected lifetime of 15 years.
In February 2013 Saudi Arabia based Arabsat purchased a 99% stake in HellasSat from OTE for 208 million plus 7 million euros in dividends. HellasSat was Arabsat’s first major acquisition.
www.defense-aerospace.com (Source: Astrium; issued May 9, 2003)