Intelsat’s Chapter 11 bankruptcy is likely to take between 6-12 months to process and allow the satellite operator to cut its $17 billion of debt by about half. CCO Samer Halawi, talking to Space News, said that despite the bankruptcy procedure the operator was still able to order next-generation satellites because of the bankruptcy court’s […]
Worldwide spending on telecommunications and pay-TV services will reach nearly $1.6 trillion (€1.81trn) in 2020, a decrease of 0.8 per cent compared to 2019, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects the decline to continue in 2021, but at a somewhat lower degree. The telecommunications services industry is […]
With net losses that were more than in any previous quarter, findings from research and analysis firm Leichtman Research Group (LRG) indicate that pay-TV providers in the US – representing about 95 per cent of the market – lost about 2,065,000 net video subscribers in Q1 2020, compared to a pro forma net loss of […]
Clive Selley, BT Openreach’s CEO, has told staff in a memo that rumours a large stake in the company is on the block are not true. The rumours had seen BT shares up 10 per cent in midweek. However, analysts agree the reports must be wide of the mark as a number of senior execs […]
Eutelsat’s Q3 numbers were “in line with expectations [and] a return to quarter-on-quarter growth with ongoing signs of commercial dynamism in emerging markets with a new DTH platform in Sub-Saharan Africa and the extension of a contract in the Balkans,” stated CEO Rodolphe Belmer on May 14th. Belmer also welcomed progress on C-band over the […]
In a move that signals a shift from its reliance on Huawei as a vendor, UK digital infrastructure provider Openreach has selected next-generation open networking and subscriber experience solutions provider ADTRAN’s SDX Series of OLTs (Optical Line Terminals) and Mosaic Cloud Platform to help it achieve its ambition of making gigabit and multi-gigabit services available […]
The latest findings from the Global Pay TV Subscriber Forecasts report from analyst firm Digital TV Research predict 35 million additional pay-TV subscribers between 2019 and 2025, taking the global total to 1.06 billion. Based on forecasts for 138 countries, the number of pay-TV subscribers passed 1 billion in 2018. Excluding analogue cable TV, the […]
As long expected, Intelsat has filed for Chapter 11 bankruptcy and says it will restructure itself under ‘Debtor in Possession’ (DiP) rules. Intelsat says it is fully backing the Federal Communications Commission’s (FCC) plan for the auction of some of its C-band frequencies over the US for 5G usage. It says it has raised $1 […]
MásMóvil Group has presented its results for the first quarter of the year in which the Company continues with strong performance in customer acquisition despite the restrictions imposed by Covid-19 and significantly increases both its service revenues and its profitability. As a result of the good performance of the Group, MásMóvil obtained a net income of […]
A SpaceX rocket should launch on May 17th with an extra 60 Starlink satellites on board from Cape Canaveral. The launch, scheduled for 4am Florida time on Sunday morning and subject to the usual weather constraints, will be the 7th batch of satellites to be launched on SpaceX’s highly reusable Falcon 9 rockets. The last […]