Satellite fleet operator Hispasat: 2021 revenue up 14.9%, EBITDA margin was 75.2%

by Peter B. de Selding

PARIS — Spanish satellite fleet operator Hispasat posted exceptional results in 2021 despite continued pandemic-related headwinds in Latin America, where the company is determined to to survive what it sees is a likely consolidation trend.

Hispasat, like other fleet owners, is moving down the value chain to provide wholesale video services as well as tele-education and telemedicine in Latin America. The company purchased the Latin American video distribution business of Telefonica and in 2021 became a large provider of wholesale video services in the region. In March, Hispasat . . .

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