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. Berenberg impressed by Eutelsat’s numbers
A report from investment bank Berenberg says they are impressed by Eutelsat’s recent financial results and in particular the cash flow being generated by the satellite company. They recommend Eutelsat…
Bank urges caution on SES numbers
Satellite operator SES will issue its Q2 and half-year numbers on August 7th and a note to clients from investment bank Exane/BNPP warns that the impact of Covid-19 is likely…
Bank praises Eutelsat results, lowers share price target
Investment bank Exane/BNPP followed up Eutelsat’s end-of-year results with a note to clients praising the satellite operator’s “solid Q4 revenue performance”. The bank’s satellite analyst Sami Kassab welcomed Eutelsat’s improving…
OneWeb extension for Chapter 11 plan
Would-be mega-constellation OneWeb, which is in Chapter 11 bankruptcy organisation, has been granted a 90-day extension of the timetable to produce a formal plan as to how it might exit…
Eutelsat earnings preview “in line”
Eutelsat will unveil its full year numbers (for the year to June 30th) on July 31st. The market, notwithstanding some interesting recent news releases concerning Canal Plus (for an Ethiopian…
New OneWeb: Hughes is a likely winner
Putting $50 million into the consortium buying bankrupt OneWeb could be extremely lucrative for EchoStar subsidiary Hughes Network Systems/Hughes Connects (HNS). Hughes was an original investor in OneWeb and is…
UK Spaceport plans complicated by regulations
The UK is keen on establishing so-called Spaceports, whether in Scotland or the West of England. It has just signed a Treaty-level agreement with the US which allows use of…
Orange’s Eutelsat order examined
July 22nd saw Eutelsat announce that French telco Orange had taken all of the available capacity targeting France on Eutelsat’s current ‘Konnect’ satellite. Sami Kassab, an equity analyst at investment…
SiriusXM gets major bank upgrade
North American pay-radio operator SiriusXM has done well for its shareholders, including Liberty Media (73 per cent shareholding). The past week has seen BMW confirm that it will install SiriusXM’s…
Russian launch site crippled by Covid
The Russian rocket launch city at Baikonur, Kazakhstan is suffering a major increase in Covid-19 cases according to local media. The city and its associated launch facilities has a population…
Report tips IFC-3 for success
These days, for any aircraft-based In-Flight Connectivity (IFC) broadband system to be considered a success, the aircraft need to start flying again and carrying passengers. A report from Northern Sky…
UK plan for OneWeb rival to Galileo in doubt
OneWeb, now in the process of being acquired by the British government and Indian telco giant Bharti Global, is going ahead with building satellites ahead of any decision to incorporate…
Inmarsat demands Speedcast payment
Last week Australia-based Speedcast (in bankruptcy reconstruction) struck an agreement with Intelsat (in Chapter 11 bankruptcy) which will see Speedcast continue its relationship with Intelsat over the next 15 months…
FCC must keep “unwavering focus” on C-Band
The National Association of [US] Broadcasters (NAB) in a filing to the FCC said the transition plans submitted by the various satellite operators as to the impending changes to C-band…
Comtech’s acquisition of Gilat stumbles
Comtech’s plan to buy Israel-based Gilat Satellite Networks for $532 million (€470m) has hit a snag. The deal (70 per cent in cash and 30 per cent in Comtech Telecommunications…
UK expected to have OneWeb ‘golden share’
The joint bid for OneWeb’s assets by the UK government and India telco giant Bharti should get outline approval from the New York Southern District Bankruptcy Court today, July 10th. …