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Colombia scraps satellite plan

Monday, September 29, 2014

Colombia has scrapped plans to buy and launch its own $250 million satellite, and instead will continue to lease capacity, data and imagery from other international satellite operators.

Colombia’s vice-president German Vargas says the country does not have the budget.

“We have explored the possibility over the last few years but the government concluded that at this time is too inconvenient, unfortunately the country is not in the economic capacity to make this investment,” Vargas said.

Source: Advanced Television