LeoSat Enterprises used the Washington Satellite 2019 show to confirm that it has now signed more than $2 billion-worth of business ahead of the launch of its first satellite. “Whilst the list of companies launching ‘build it and they will come’ mega satellite constellations continues to grow, we believe that our commercial agreements valued at […]
London-based speciality satellite operator Avanti has hired Matt Childs from Eutelsat. Childs takes up the position of Director of Government/Wholesale & Integrators. At Eutelsat he was Commercial Director of its ‘Quantum’ satellite programme. He is also well-known as being CEO at Solaris Mobile, the S-band joint-venture between Eutelsat and SES and subsequently sold to EchoStar. […]
Thaicom, Thailand’s first satellite operator, has announced its financial results for the first quarter ended March 31st. Thaicom’s revenue decreased compared to the previous quarter and the same quarter of last year. The company reported that due to effective cost management, the profit from normal operations improved. The company reported a net loss due to […]
Sinclair Broadcast Group and The Walt Disney Company have entered into a definitive agreement under which Sinclair will acquire the equity interests in 21 Regional Sports Networks (RSNs) and Fox College Sports, which were acquired by Disney in its acquisition of 21st Century Fox. The transaction ascribes a total enterprise value to the RSNs equal […]
Liberty Global has reported revenues of $2.86 billion (€2.55bn), down 0.6 per cent on a year-on-on year basis annual basis while operating income was down 10.3 per cent on the same period last year to $105.5 million. Virgin Media showed a net customer gain of 59,200, an annual increase of 32 per cent. Liberty’s UK […]
Vice Media, the millennial-skewed digital media group, has raised $250 million (€223.4m) in debt from a group of investors – led by 23 Capital and also including Fortress Investment Group and Monroe Capital – according to reports that originated in The WSJ. In February Vice Media announced it was shrinking its workforce by around 250 […]
Altice Europe has successfully priced and allocated €2.8 billion of new 8-year Senior Notes at Altice Luxembourg following a well oversubscribed offering. The weighted average cost of the new Senior Notes on a fully euro swapped basis will be 7.9 per cent. The proceeds from this transaction, together with €500 million cash from Altice France […]
Spain’s fourth largest telco operator, MásMóvil, reported a net profit of €22 million in the first quarter of the year, up 168 per cent on the same period last year. EBITDA reached €105 million, up 40 per cent on last year’s €75 million, and €15 million more than the previous quarter. Total Q1 revenues amounted […]
Vodafone has agreed a cable wholesale agreement in Germany with Telefónica Deutschland – a deal it hopes will seal EU approval for its’ Liberty acquisition. The agreement will allow Telefónica DE to offer high-speed broadband services to consumers on Vodafone and Unitymedia’s cable network in Germany, and is subject to the completion of Vodafone’s acquisition […]
The Federal Communications Commission (FCC) is asking the C-Band Alliance (of Intelsat, SES, Eutelsat and Telesat) to clarify certain key points on the Alliance’s plan to reallocate 180 MHz of C-band (3.7-4.2 GHz) satellite spectrum to speed the roll-out of 5G over the US. The FCC’s request, made on the eve of the important 2019 […]