This Research Service describes the commercial satellite telecommunications market. It measures and forecasts transponder supply and demand in Latin America. The market examined herein is the "capacity" market, meaning the market for leasing of geostationary (GEO) satellite transponders to parties that will use this capacity for a number of satellite applications including video broadcast, telephony, and networking. Revenues for this market are derived from leasing this capacity. The capacity market is generally equivalent to traditional fixed satellite services (FSS) and broadcasting satellite services (BSS) markets. Emerging services (such as satellite-based direct Internet access (DIA)) are included in our forecasts.