Eutelsat’s quarterly and 9-month financials show that its revenue growth remains firmly upward, although there are signs that its important ‘multi-usage’ segment is slowing in growth terms. Overall revenues are up 4.6 per cent for the quarter-year (to March 31st) and a matching 4.6 per cent for the 9 months to the same date. Video-based […]
Intelsat’s CEO Dave McGlade confirmed that the satellite operator is on track to launch a total of four satellites over the current six months period. Intelsat-22 launched on March 25, while Intelsat-19 is due to launch during this next few weeks. Intelsat 21 and 23 are both slated for launch in July. McGlade also reported […]
Global satellite network Inmarsat has reported a slight increase in its quarterly core earnings on growth in its maritime unit. “Subscriber growth of over 10 per cent in the first quarter continues to underpin our expectations for improved results in 2012.” Chief Executive Rupert Pearce said in a statement. Core earnings at Inmarsat Group rose […]
Eutelsat Communications, one of the world’s leading satellite operators, has confirmed a distribution agreement between its Skylogic subsidiary and RG Networks, enabling RG Networks to benefit from Eutelsat’s KA-SAT High Throughput Satellite and advanced user equipment to deliver broadband to businesses and consumers across Hungary. RG Networks, a subsidiary of the Hungarian IT specialist RG […]
A French-backed scheme to launch satellite-based pay-radio is getting closer to operation. Last November, the French broadcasting regulator (Le Conseil supérieur de l’audiovisuel, CSA) announced its own beauty contest for national L-band frequencies. Onde Numerique (ON) last week formally declared that it will participate in the tender, and is planning an IPO probably in October. […]
Colorado-based satellite broadcaster Dish Network added a very healthy 104,000 net subscribers (its best quarterly growth for 2 years) during the quarter (to March 31s but net income fell 34 per cent, and Wall Street was not happy with the financials. Dish Network’s stock fell back 4 per cent ($1.25) on May 7. Subscribers now […]
US satellite TV provider DirecTV’s profit and revenue rose in the first quarter but it added fewer subscribers than expected. DirecTV added 81,000 new subscribers in the US in the quarter, missing analysts’ average forecast of 92,000. In Latin America, it added 593,000 new subscribers, which beat analysts’ estimates of 543,000. Net income rose to […]
Intelsat, the world’s leading provider of satellite services, has reported revenue of $644.2 million and a net loss of $24.4 million for the three months ended March 31, 2012. The company also reported EBITDAi (earnings before net interest, loss on early extinguishment of debt, taxes and depreciation and amortisation) of $481.2 million Intelsat CEO Dave […]
Eutelsat will unveil its Q3 numbers on May 10, and the satellite operator’s revenues are expected to be around €315 million (up about 6.5 per cent on last year). Eutelsat is expected to say that its planned ‘accelerated growth’ for this financial year (to June 30) is working according to plan. However, the market will […]
Telenor Broadcast, a subsidiary of Norwegian telco giant Telenor, reported an “all time high” EBITDA for its first-quarter trading. CEO Patrik Hofbauer said his division had enjoyed a strong quarter-year with positive developments in all parts of the division. Specifically he referred to a 39 per cent increase in encryption specialists Conax “driven by higher […]