19/1/2017 Treaty Amendments Enter Into Force Related to Restructuring of ITSO
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THE INTERNATIONAL TELECOMMUNICATIONS SATELLITE ORGANIZATION HOLDS THE 37TH MEETING OF THE ASSEMBLY OF PARTIES; ELECTS PATRICK MASAMBU AS DIRECTOR
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Home News Treaty Amendments Enter Into Force Related to Restructuring of ITSO
TREATY
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RESTRUCTURING OF ITSO
Treaty Amendments Enter Into Force Related to Restructuring of the International Telecommunications Satellite Organization
Washington, D.C., 30 November 2004 Today, the amendments to the Agreement Relating to the International Telecommunications Satellite Organization entered into force. Mr. Toumi, the Director General and CEO of the Organization, noted that this is indeed an historic occasion that marks a major milestone in the privatization of one of the largest players in the satellite industry.
These amendments originally were approved unanimously by an extraordinary meeting of the Organizations Assembly of Parties, at its 25th meeting on November 17, 2000; however, the amendments could not formally enter into force until the requisite number of member countries ratified them.
The amendments to the Agreement effectively restructured the intergovernmental Organization into a private Bermudaregistered and Washington, DCheadquartered entity, Intelsat, Ltd., which provides commercial services under the supervisory authority of the continuing intergovernmental organization that is now abbreviated as ITSO. Although the restructuring of the Organization took place in July 2001, todays entry into force of the amendments to the Agreement fulfills the final treaty obligations for the ABOUT ITSO TREATY AGREEMENT ASSEMBLY OF PARTIES ADVISORY COMMITTEE REPORTS BROADBAND COMMISSION CAPACITY BUILDING CBAND
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Amendment to Article XII
Assembly of Parties Advisory Committee Executive Organ