Israel's Spacecom expands deal for satellite service to Nepal

Reuters

TEL AVIV (Reuters) - Israel's Space Communication Ltd, operator of the Amos satellites, said on Tuesday Nepal's Dish Media Network has contracted for more capacity on the Amos-4 satellite starting in the fourth quarter. The additional capacity will increase Spacecom's revenue from Dish Media Network by $16.7 million, bringing total future revenue expected from the customer to $76.9 million. Amos-4 provides services to customers from South Asia to East Africa. Dish Media Network owns fast growing operator, Dishhome, whose network covers all of Nepal. With substantial satellite capacity on Amos-4, Dishhome will expand service offerings. Dishhome's capacity on Amos-4 is contracted for the satellite's lifetime. (Reporting by Tova Cohen)