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SES share price steady rise

May 25th saw SES’s share price rise another 1.69 per cent. This translates at just a €0.15 rise which is hardly spectacular, but added on to the 28 per cent rise over the past six months and that momentum translates into almost a full €2 rise. Indeed, a 12-month examination puts the SES stock on […]

May 27, 2022

Bank: “BT seeking value over volume”

A report from investment bank Jefferies on BT Group, following a briefing by BT Consumer division’s CEO Marc Allera, quotes him saying that BT is focused on value over volume, and that there’s no intention on seeking increased market share. The bank’s report says that BT is keen to signal that it has no ambition […]

May 26, 2022

SaxaVord plans launch rehearsal

SaxaVord Spaceport says it will mount a planned site-wide dress rehearsal which will culminate with a small rocket lifting off from their Lamba Ness site in Unst, Shetland, later this year. The rehearsal is being done in preparation for the UK’s first commercial vertical space launch which continues. The trial launch, named Operation Freya, will […]

May 23, 2022

Bank: Junk food ad ban delay boosts ITV

The UK government has postponed its planned advertising restrictions on high fat, sugar-rich and salty products (so called HFSS foods). The products were expected to be prohibited in the near future – but now the government says it will look again at the restrictions in a year. The news was a boost for ITV; The […]

May 18, 2022

Bank: Ubisoft Q4 disappoints

Video games giant Ubisoft has reported another disappointing set of numbers in its quarterly results – which resulted in the company reducing its formal guidance. A report on Ubisoft from investment bank Berenberg says that the company’s its Q4/22 trading and net bookings (at €664 million) were 6 per cent short of consensus which translated […]

May 17, 2022

OneWeb expects $1bn in 3-5 years

Eutelsat, a significant shareholder in low-Earth orbit constellation OneWeb – which has some two-thirds of its fleet (428 craft) already in space, says that it sees OneWeb generating $1 billion (€0.96bn) in revenues within 3-5 years of its deployment. A note from equity analyst Sami Kassab at investment bank Exane/BNPP to clients anticipates that OneWeb […]

May 16, 2022

SES rescues 5G satellite constellation

Back on March 17th, it was reported that the Luxembourg government had mislaid an application from Luxembourg Space Telecommunications (LST) to create a 62-satellite constellation (Cleosat) of low Earth orbiting satellites. The initial request was made back in 2015 but sometime subsequently LST corporately vanished into thin air. SES Astra has stepped into the breach […]

May 12, 2022

Intelsat’s bankruptcy fees cost it $288m

Declaring Chapter 11 bankruptcy protection is an expensive and often risky decision. Certainly, the costs for Intelsat’s declaration to adopt Chapter 11 cost it two years of – at best – marking time, major changes to its management team and risks that it could be penalised over the long-running dispute with SES over the division […]

May 11, 2022

ANGA: Comfort from cable

At times, during the lockdowns, you began to wonder if you were actually missing getting up before dawn to drive to an airport to fly to a European city in order to walk around a show floor or sit in a conference. And then you get to do it again, and the answer is: “not […]

May 10, 2022

SaxaVord Spaceport, Spaceport Cornwall latest

Scotland’s SaxaVord Spaceport has announced a new partnership with Astra Space. Not to be outdone, Spaceport Cornwall at the other end of the UK has enjoyed the British government confirm that it will handle its first satellite launch this summer. Nasdaq-listed Astra, whose mission is to improve life on earth from space, successfully completed its […]

May 10, 2022