Advanced Television

Inside Satellite

Chris Forrester

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.

Bank: “NENT Q1 above expectations”

NENT’s Q1 results were above consensus expectations, apart from its Viaplay OTT service. According to investment bank Berenberg, the Nordic Entertainment Group’s operating margin of 7 per cent was also materially above expectations, leading to a significant outperformance at the EBIT level. The miss on Viaplay net sales was due to average revenue per user […]

April 27, 2021

Musk nears FCC LEO orbit approval

Elon Musk is getting closer to winning FCC approval to fly some of his Starlink low Earth orbiting (LEO) satellites at even lower heights. Acting FCC Commissioner Jessica Rosenworcel has asked her board colleagues to formally vote on the plan having herself endorsed the idea. SpaceX is already licensed to operate 1,584 of its Starlink […]

April 26, 2021

SpaceX blasts OneWeb over “near miss” exaggeration

A few days ago the press was full of stories of a near collision between two orbiting satellites, one from SpaceX’s Starlink and the other from OneWeb. There was talk of barely 60 metres between the two satellites. “Not so,” stated SpaceX in a submission to the Federal Communications Commission (FCC), insisting that there was […]

April 22, 2021

Bezos vs Musk: Let battle commence

The news that Amazon founder Jeff Bezos is now publicly committing to using the United Launch Alliance’s (ULA) giant Atlas 5 rocket was no great surprise. However, his decision allows a noticeably clear opportunity for a ‘contrast and compare’ between the Bezos-backed Project Kuiper and arch-rival Elon Musk’s Starlink scheme. The two rivals are also […]

April 21, 2021

Bank: “ESL bad news for broadcasters”

The world of football was thrown into turmoil by the announcement of a European Super League, and according to an investment bank report, could be “negative” for Europe’s broadcasters. The bank, Exane/BNPP, says the creation of the Super League – if it happens – could herald the sport’s biggest shakeup in decades and make elite […]

April 20, 2021

Musk: “Starlink out of beta-usage this summer”

Just hours before NASA awarded a massive $2.9 billion contract to restart human flights to the Moon – and back – Elon Musk, in one of his Tweets, told an enquirer that SpaceX’s Starlink broadband-by-satellite service would be transitioning out of a widespread beta-programme into conventional usage “probably by this summer”. Moreover, Musk answered another […]

April 19, 2021

Musk raises another $1.1bn for SpaceX

Elon Musk might well mount an IPO for his SpaceX business somewhere down the line, but for the moment he seems happy to raise cash by issuing new equity. In a regulatory filing, SpaceX says it has raised a total of $1.164 billion over the past few weeks. The company had already reported raising some […]

April 16, 2021

Toshiba president resigns following CVC approach

Toshiba’s president and CEO Kurumatani Nobuaki has resigned and the board has immediately appointed Tsunakawa Satoshi to succeed him. A formal $20 billion buy-out offer from the Luxembourg and UK private equity business CVC Capital Partners made on April 6th remains on the table. Toshiba’s chairman Osamu Nagayama said CVC’s bid was unsolicited and lacking […]

April 15, 2021

Eutelsat explains non-removal of China’s CGTN

Eutelsat has explained why it cannot itself remove China’s controversial news channel CGTN which has been criticised by many countries, including the UK’s Ofcom regulator. China Global Television Network (CGTN), on April 10th, welcomed the acknowledgement of Ofcom that CGTN’s right to broadcast in Europe falls under French jurisdiction, which perhaps paves the way for […]

April 13, 2021

Bank favours SES over Eutelsat

Different investment analysts regularly come up with varied opinions as regards their favourite picks in the satellite industry. Now Sami Kassab, from investment bank Exane/BNPP, in a major report takes a deep examination into Europe’s two leading satellite operators. He concludes by favouring SES. His study extends to one of today’s hottest business prospects; SpaceX […]

April 12, 2021