29.08.2014 - 01:46 [ The Wall Street Journal ]

Intelsat, Eutelsat Granted New U.S. Waivers

The U.S. gave European satellite companies Intelsat SA I -1.64% and Eutelsat ETL.FR +0.88% Communications SA another six months to win back Iran‘s business lost after lawmakers barred them from transmitting Iranian programming.

Russian and Middle East rivals quickly picked up the transmission business, and while the revenue lost doesn‘t amount to a lot of money, the firms are eager to reclaim it.