The stock market is again backing satellite operator Eutelsat. Following on from its October 29th quarterly results Eutelsat’s share price has rocketed by almost €1, and this follows some months of flat or even declining trading. October 31st saw Eutelsat’s price hit €23.20, a vast improvement on August 2nd when its price was just €21.34. […]
Spacecom, operator of the AMOS satellite fleet, has announced an update to previous reports regarding an anomaly preventing operation of some of AMOS-5 satellite’s engines via power supply 2. The company has received a report from the satellite’s manufacturer, according to which it is possible to operate the engines in alternative activation methods, and it […]
Intelsat, a global provider of satellite services, has reported revenue of $651.8 million and net income attributable to Intelsat of $87.8 million for the three months ending September 30th. The company also reported EBITDA of $493.6 million, and Adjusted EBITDA of $508.4 million, or 78 per cent of revenue, for the three months. Intelsat CEO […]
Norway’s Telenor Satellite Broadcasting (TSBc) reported “stable” revenues of NoK 241 million for its Q3 trading period, which almost exactly matched revenues from Q3 last year (NoK 242 million), with EBITDA of 71 per cent (NoK 171 million) compared to 70 per cent a year ago. However, actual quarterly revenues were down NoK 5 million […]
Eutelsat said that all the signs for 4K/Ultra-HDTV transmission were positive and encouraging, and expected signals to meaningfully start in the 2017-2018 timeframe. Eutelsat also reported “stable” video revenues for its Q1 numbers (period to September 30th) with quarterly revenues up just €800,000 to €217.1 million compared with the same period last year. Eutelsat chairman/CEO […]
Paul Brown-Kenyon, CEO at Measat, says his company would be happy to consider partnering or joint-venturing with another satellite operator. “Measat is always looking at options to build the business. Over the last few years we have pursued this through buying additional spacecraft – we have Measat 3b, which is planned for launch early 2014,” […]
Both SES Astra and Hispasat are due to get an early Christmas gift courtesy of Arianspace. The reason is a much-delayed European Space Agency (ESA) scientific satellite, Gaia, which needs more work. Consequently, Arianespace is bringing forward the joint-launch of SES Astra 5B and Hispasat’s Amazonas 4A to December 6th. It means that both satellites […]
Satellite operator SES has urged the Spanish government to hold new public tenders to extend DTT to isolated areas across the country. The move aims to avoid those remote areas in Spain (with around 1.2 million inhabitants) being left without any DTT channel following the EC’s decision to rule against state subsidies to DTT and […]
Paris-based satellite operator Eutelsat will deliver its Q1 numbers after the market shuts on October 29th, but most analysts expect a ‘steady as she goes’ report. Investment banker Morgan Stanley, in a note to clients, says candidly that ”very little happened in Q1” although that statement ignores the mid-September Tribunal decision to award key transmission […]
Israel’s Cable & Satellite Broadcasting Authority has fined pay-TV broadcaster HOT more than 100,000 Israeli Shekels (about $28,000) for breaches of its consumer service obligations. The breaches cover consumer protection rules regarding call centre waiting times, and the Authority found that HOT “had violated the provisions of its license regarding waiting times at its call […]