Advanced Television

Inside Satellite

Chris Forrester

Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.

SES: “Struggling to square the circle”

Comments from analysts at Berenberg Bank on satellite operator SES and its Q1 results are not positive. The bank says that while the overall numbers from SES were broadly in lone with expectations, and management has not altered its official guidance for the year, the bank thinks that there’s probably more bad news to come. […]

May 12, 2020

Dish: “Hard at work on wireless”

Erik Carlson, CEO at US DTH operator Dish Network, says the company is hard at work on its wireless initiatives. “The wireless team continues to make progress on a standalone 5G networks and we continue to pursue closing the Boost assets with T-Mobile,” he commented Carlson reported net income had fallen $73 million from a […]

May 11, 2020

Bidders emerge for OneWeb assets

Whilst all the details aren’t yet known, there are serious names who have entered bids for some or all of OneWeb’s assets. By the May 4th deadline, at least six proposals had been received by either Millbank LLP or Guggenheim Securities, who are acting on behalf of the operation. While not yet being specific about […]

May 7, 2020By Chris Forrester

Double dilemma for Intelsat

Intelsat’s shares had a torrid time May 5th with a 12.4 per cent fall in value at one point to just $1.10. It isn’t the lowest that Intelsat shares have traded recently ($1.04 on April 15th) but it highlights the anxiety the market has for the company’s future prospects. One shareholder (Cyrus Capital Partners) is […]

May 6, 2020

Telesat going ahead with LEO project

Ottawa-based Telesat is still planning to launch a constellation of almost 300 Low Earth orbiting (LEO) satellites despite the recent bankruptcies of OneWeb and LeoSat. However, the ultra-cautious satellites operator (which has fleets of Anik, Telstar and Nimiq craft in orbit) is somewhat slower in getting orders placed for the construction of this new LEO […]

May 4, 2020

Bank examines European FTA

Four major European Free to Air broadcasters – Atresmedia, Mediaset Espana, TF1 and RTL – have declared their quarterly results in recent days. Investment bank Exane/BNPP says that these Q1 numbers show that the TV ad market has performed much better in Germany (-4 to -4.5 per cent) than France (-12 per cent) and says […]

May 1, 2020

“Double upgrade” for ProSiebenSat.1

Generally there’s been nothing but doom and gloom for Europe’s commercial TV broadcasters, but investment bank Exane/BNPP has issued a “double upgrade” on Germany’s ProSiebenSat.1 to “Outperform”. The bank says that last week’s announcement from ProSiebenSat 1 of a 40 per cent decline in TV ad-revenue for April the broadcaster’s shares “barely budged”. The bank’s […]

April 29, 2020

The only way is up for satellite shares

Just about every single player in Quilty Analytics ‘Satellite and Space’ sectors is suffering depressed share prices – largely as a result of the Covid-19 pandemic – and in many cases dramatically so. There has already been fall-out with OneWeb and Speedcast entering Chapter 11 bankruptcy protection. Other hard-hit players, such as the In-Flight Communications […]

April 28, 2020

Bank: “Netflix a long-term winner”

Analysts at MoffettNathanson (MN) have inevitably admitted that the longer the current pandemic situation lasts, the bigger the benefit to Netflix, as both linear and OTT competitors will eventually be unable to debut new original content. “In addition, given the looming negative impacts to advertising, movie theatre attendance and cord-cutting, traditional content owners will be […]

April 23, 2020

Video games sector benefitting from lockdown

A detailed report from investment bank Exane/BNPP says that while commercial TV across Europe is suffering evaporating revenues because of the coronavirus, the video games sector is expected to continue outperforming in the current environment. The video games sector is “benefitting from attractive underlying sector trends, increased player engagement during lockdown, likely resilience during a […]

April 22, 2020