Mexico’s state-run operator Telecomm has started selling capacity on its existing Morelos 3 satellite to raise funds for a new satellite project, reports El Economista, citing the head of the country’s Ministry of Communications and Transport (SCT) Edgar Olvera. After analysing 12 different scenarios to provide support to the Morelos 3, the ministry decided to opt for leasing capacity on the satellite. "In order not to depend on budgetary concerns, the best alternative is to generate our own resources,” said Olvera, adding that “the rates have already been approved by the Finance Ministry and we have started promoting the lease of capacity abroad."
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The minister also revealed that a public-private partnership project initiated last year to design and operate a satellite to provide support to the Morelos 3 has been abandoned due to lack of funds. The project was launched after the Centenario satellite was destroyed during a failed launch in 2015.
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