Egide Thein comments on financial policies, financial services, offshore centers, bank secrecy, money laundering, terrorist financing, AML / CTF compliance, money transfers, tax evasion, fraud, corruption and on past and current events in Luxembourg and around the world.
Sunday, June 3, 2012
Luxembourg companies operate 65% of the world's geostationary satellites
That sounds impossible?
Let's see the news: http://tinyurl.com/72xcqm9
Intelsat launched Intelsat 19. Intelsat is a Luxembourg company, since it moved its headquarters from Washington to Luxembourg.
It thus adds the satellite count to the domestic SES, which adds up to about 110. Uncertainty is about the satellites at the end of life cycle and being replaced.
That makes Luxembourg the mightiest satellite operator in the universe. What about that!?
There was a time in the 1980ies, when our French neighbors pushed to limit Luxembourg satellites' foot print to the territory of Luxembourg
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