SOURCE: RR Media

RR Media

January 26, 2016 07:00 ET

RR Media Selected for Eutelsat Broadband Initiative for Africa

Middle East Media Center to Serve as an Important Hub to Enable Broadband Internet Access on the African Continent

AIRPORT CITY BUSINESS PARK, ISRAEL--(Marketwired - Jan 26, 2016) - RR Media (NASDAQ: RRM), a leading provider of global digital media services to the broadcast and media industries, announces today that it has been selected to support Eutelsat's African satellite broadband initiative. RR Media's Middle East Media Center will host an important hub to connect and deliver new-generation broadband services to Sub-Saharan Africa. This initiative will leverage satellite technologies to increase the number of African Internet users through innovative, reliable and affordable solutions. The project started in December 2015, with Internet connectivity to be available to African users towards the end of 2016 through the AMOS-6 satellite.

RR Media's Media Center will contribute by providing the highest quality satellite broadband capabilities that meet standards for a wide variety of online and digital media applications.

Laurent Grimaldi, CEO of the new Eutelsat affiliate set up to manage this initiative, said: "We are putting in place the best technologies and solutions to deliver a high-quality and affordable Internet solution across Sub-Saharan Africa. RR Media's facilities will form an integral part of this new ecosystem. Its innovative solutions, accessibility and proven track record will support our ambition to deliver an enhanced online experience to Internet users on the African continent."

Avi Cohen, RR Media's CEO, comments: "This is really an exciting project for us. Our Middle East Media Center's location allows us to play an important role, serving as the hub in connecting people where traditional Internet infrastructure is virtually non-existent. Through better broadband and digital media solutions, we are able to play our part in facilitating better access to the Internet, social media and communications with the wider world."

About RR Media

RR Media (NASDAQ: RRM) works in partnership with the world's leading media players to transform content into valuable media assets. RR Media's complete ecosystem of digital media services maximize the potential of media and entertainment content, covering four main areas: smart global content distribution network with an optimized combination of satellite, fiber and the Internet; content management and channel origination; sports, news & live events; and online video services. RR Media provides scalable, converged digital media services to more than 1,000 broadcasters, content owners, sports leagues and right holders. Every day, the company manages and delivers over 24,000 hours of broadcast content, over 4,000 hours of online video and VOD content and over 350 hours of premium sports and live events. The company delivers content to 95% of the world's population reaching viewers of multiplatform operators, VOD platforms, online video and direct-to-home services. Visit the company's website www.rrmedia.com.

Safe Harbor Statement
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in our expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2014 and our Current Reports on Form 6-K.

Contact Information

  • Corporate Contact:
    Elad Manishviz, CMO
    Tel: +1 201 655 7245
    Email Contact

    Media Contact:
    Marilyn Gerber, Cutler PR
    Tel: +1 917 225 2977
    Email Contact