Advanced Television

Satellite

OneWeb hires Beranger as CEO

Jersey-based super-constellation OneWeb has hired Eric Beranger as its CEO for its new manufacturing joint-venture with Airbus Defence & Space.  The joint venture has to build up to 900 OneWeb broadband satellites and the first batches need to be launched by 2017. Beranger will head up the OneWeb Satellite joint venture. He was previously CEO […]

July 29, 2016By Chris Forrester

APT in j-v with Chinese for global broadband

APT Satellite, of Hong Kong, is linking with mainland Chinese investors to start building a global broadband satellite system. APT already operates the Apstar broadband system which serves Asia and Australia clients. APT already has 4 satellites on order: Apstar-5C (which it co-owns with Telesat of Canada) and which will go to 138 degrees East […]

July 27, 2016By Chris Forrester

Avanti up for sale

London-based satellite operator is up for sale. A statement from the troubled company said it was conducting a wider “strategic review” to explore a number of options including a corporate transaction such as a merger with, or offer for the company by a third party of a sale of the business. Shares in Avanti rose […]

July 12, 2016By Chris Forrester

FSS satellite capacity flatlines, HTS grows

The latest findings from NSR’s Global Satellite Capacity Supply & Demand, 13th Edition indicate a satellite industry in the midst of a sea of change, with choppy waters threatening to overturn operators sticking to the status quo. However, the research firm suggests that blue oceans do offer billion-dollar opportunities for those able to successfully change […]

July 11, 2016

OneWeb “on schedule” for 720 new satellites

Jersey-based OneWeb’s plans for a constellation of 700 satellites to provide broadband and Internet is on schedule. According to a report in trade mag Space News the new constellation will have in place its sub-contractors by early August. The preliminary design review has already been concluded. The plan is to have an initial 10 satellites […]

July 7, 2016By Chris Forrester

SES: ‘Satellite vital to success of future video landscape’

SES considers satellite vital to the success of the future video landscape and provides the answer to delivering high quality video, anywhere, and to any device. This solution is detailed in the new SES White Paper – Satellite Captures the Wave of Video Growth – published at its Investor Days event.  The White Paper details […]

June 21, 2016

Intelsat “early tender” over-subscribed

Satellite giant Intelsat has an operation underway where it is seeking to repay some of its ‘Senior Note’ debts by an early redemption and at a significant discount to their face value. In total Intelsat is happy to pay up to $625 million in total for a batch of Notes originally due for redemption in […]

June 2, 2016

Inmarsat loses FTSE 100 listing

London-based speciality satellite operator Inmarsat is to lose its prestigious listing in the important benchmark FTSE 100 listing of top UK registered businesses. Inmarsat will be removed on June 20. Inmarsat’s share price has fallen some 37 percent since early February following news of its tough trading position in its core maritime and government/military client […]

June 2, 2016By Chris Forrester

O3b buyout: “Why the rush?”

Last week, satellite operator raised €900 million in order to complete the purchase of mini-satellite constellation O3b. At least one investment bank is asking why SES has moved on O3b now, and so soon after the significant profits warning from Eutelsat. “With the Eutelsat profit warning just 2 weeks ago pointing to dramatic change in […]

May 31, 2016

SES raises cash to buy O3b

Satellite operator SES is raising about €1 billion in order to complete its purchase of O3b (a ‘next generation’ satellite constellation serving the ‘other 3 billion’ unserved and underserved broadband users). SES already owns 50.5 per cent, and has made no secret of its intentions to mop up the segment of O3b that it did […]

May 27, 2016By Chris Forrester