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.
Ajit Pai, chairman of the FCC, has strongly defended the regulator’s plan for a public auction for C-band, and told the US Senate Financial Services Subcommittee that he was confident that the FCC’s plan would be accepted. One senate member (Sen Chris Coons, Dem-Delaware) asked Pai how certain he was that there would not be […]
Schall Law, which describes itself as a “national shareholder rights litigation firm”, says it is investigating claims on behalf of investors who hold stock in Intelsat. Los Angeles-based Schall is looking to mount a Class Action of shareholders who have lost money and, if successful, would mount an action based on alleged “violations of securities […]
Amidst technical problems and project delays evidently, Elon Musk has been asking why more progress isn’t being made on his ambitious Starship ‘rocket-to-Mars’ concept. Technology publication Ars Technica, in a fascinating report (‘Welcome to Muskville‘) talks about Musk instructing his existing staff working on the Starship prototypes to hire more people. From February 23rd at […]
On February 25th a Northrop Grumman-built ‘Mission Extension Vehicle’ (MEV) successfully mated with Intelsat 901 and performed a Space Tug rescue mission, and gave the potential zombie satellite another five years of valuable life in orbit. The move seems to have impressed the US Government’s Defense Advanced Research Projects Agency (DARPA) which has selected Northrop […]
“OK,” you might say if you were a satellite operator. “We’ve lost this battle, but we can still win the war.” The FCC and C-Band Alliance machinations have been the primary focus for the satellite industry for the best part of 3 years. The rationale for a major ‘win-win-win’ for the US-focused satellite sector is […]
A report to clients by investment bank Exane/BNPP states that the company’s decision to cut by 50 per cent its dividend to shareholders (to €0.40) looks like a “draconian measure”. Sami Kassab, Exane’s satellite analyst, issued an “outperform” rating on SES based on the pretty miserable closing price on March 2nd at €7.26 – and […]
Investment bank Jefferies issued its report on the SES results and advised investors to “read between the lines”. While admitting that the day “was painful” for the company, analyst Giles Thorne added: “In our view, [the day] will be looked upon in time as the day SES signalled structural solutions to its structural problems, namely: […]
SES has confirmed it is looking at restructuring its fast-growing ‘Networks’ division into a separate business. The decision, and potential shape of the plan, is not yet finalised but one option open to SES is to spin it off completely via an Initial Public Offering. However, the cutting of its Dividend by 50 per cent […]
Sir Richard Branson’s passenger-carrying and satellite launching space plane Virgin Galactic is again postponing its entry into commercial service. On February 25th it announced greater than expected losses on a year’s trading. It reported a net loss of $73 million for the quarter on quarterly revenues of just $529,000. Consensus from analysts was for a […]
There are times when our regulators need both a tough hide and the wisdom of Solomon as they get to rule on complex demands. Making a wrong decision could prove to be a nightmare. Even making the right decision might lead to severe complaints and long-lasting legal problems. For those satellite operators controlling spectrum over […]
MPs to probe UK cinema sector
Forecast: Satellite IoT market $4bn by 2030
Survey: 18% US homes have 6 or more smart devices
Comcast launches NOW brand in US
Report: Netflix pipeline leads to consecutive quarters of share growth
DAZN extends LaLiga rights in Italy, Portugal
Data: UK companies continue to up marketing spend
Italy: Rai breaks even in 2023
Report: Marketers failing to measure full impact of investments
PubMatic FAST ad partnership with Virgin Media