Satellite Firms Get Opportunity to Offer Service to Iranian State Broadcasts

The US State Department gave European satellite companies Intelsat and Eutelsat Communications SA another six months to win back Iran's business lost after lawmakers barred them from transmitting Iranian programming.

Russian and Middle East rivals quickly picked up the transmission business, and while the revenue lost doesn't amount to a lot of money, the firms are eager to reclaim it. The satellite companies were forced to abandon their Iran businesses when authorities in the US and Europe imposed bans in 2012 on working with state-run Islamic Republic of Iran Broadcasting.