The Egyptian Satellite Co. Nilesat was established in 1996, for the purpose of operating Direct-To-Home (DTH) Broadcasting Satellites and their associated ground control and up-linking facilities
The Egyptian satellite company Nilesat was established in July 1996.
Nilesat 101 was launched on Arian 4 fro the French Guyana in April 1998.
Nilesat has two ground stations to control and fix the satellite in its orbital position:
The primary station: in 6th of October City.
The backup station: in El-Hammam City (Alexandria)
Mode of Finance
Licensed: 500 million US$
Issued: 100 million US$
Increased to: 170 million US$
The Egyptian Radio and Television (ERTU) 40%
The Egyptian Company For Investment Projects (ECIP) 15%
Arab Organization for Industrialization 10%
The National Bank of Egypt 7.5%
Cairo Bank 7.5%
Public Subscription 20%
(last updated: 23-February-2003)
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