Wednesday, April 04, 2007

Digital Satellite | Satlynx New Found Freedom Under GE

Digital Broadcasters Vendor News gets the clear impression that Luxembourg-based,Satlynx, a major participant in digital satellite telecommunications in the Middle East, Europe and Africa region, is relishing new found freedom under the new General Electric (NYSE: GE - News) ownership, as a fully operational subsidiary, quote: "...... for the first time... full independence from satellite operating companies and equipment vendors... and is free to pursue its supplier neutral strategy of offering the best solution to fit its customers’ requirements."

Does that imply that under the old SES structure they were hamstrung?

Paul Heinerscheid, President and CEO Satlynx while acknowledging growth in the past years uses the significant "but" when he is quoted in a press release of today's date under GE management: "...but now we look forward to a new chapter within GE where the benefits to our company and our customers will be many-fold.”

Interesting stuff.

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