$38 million to rent channels of Nilesat 102 annually

The Egyptian satellite company Nilesat finished setting the prices to renting the working channels on the second Egyptian satellite, Nilesat 102, which will be released in September.

The price is $3.2 million US for one channel, through which eight television and radio channels can be broadcast.

The Egyptian satellite includes 12 channels that could broadcast 96 television channels.

The outcome of renting these channels will be $38 million annually and reception devices for this satellite will be raised with a price that does not exceed 450 L.E in the Egyptian market. This satellite will present its services until 2017.