Echostar awarded 2 Brazilian Satellite Licenses - Contested

nelson61

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From the Echostar 2011 3rd quarter 10Q.

Acquisition of Brazilian Orbital Slots. On August 30, 2011, we weredeclared the winner of the right to select two orbital slots in an auctionconducted by ANATEL, the Brazilian communications regulatory authority. We initially selected the 45 degree west orbital location and the 68.5 degreewest orbital location for bids of approximately $79 million and $19 million,respectively, using an exchange rate of 1.8291 as of September 30,2011. These amounts are not included in the table above. Our rightto each orbital slot has been separately challenged by other auctionparticipants, and these challenges are pending. In addition, we mustcomply with certain post-auction regulatory and payment requirements before wewill receive the orbital slot(s). Once we receive the orbital slot(s),the slot(s) will be used to expand our video and data capabilities inSouth America.


Echostar has a pending FCC request to move Echostar 3 to one of these slots
 

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