Defense Expenditure in Romania to 2015 - Industry Dynamics and Competitive Landscape: Market Profile
- Published: August 2011
- Region: Romania
The ratings reflect Satelites Mexicanos S.A. de C.V.'s (Satmex) high indebtedness, customer concentration, and financial measures that are falling short of expectations. These risks are partially offset by valuable spatial slots; management's ability to improve the overall business profile of the company, quickly controlling and resolving unexpected operational problems; and the strategic importance that Satmex has for Loral Space & Communications Ltd. (Loral), owner of a 65%-economic and 49%-voting interest in Satmex, and for the United Mexican States, owner of a 25% stake in the company. The outlook on Satmex is influenced by the weaker credit profile and outlook assigned to Loral, and reflects concerns about the financial flexibility that Loral might provide to Satmex, which has received important support...
Companies mentioned in this report are: Satelites Mexicanos, S.A. de C.V.
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Satelites Mexicanos, S.A. de C.V.