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.
More details have now emerged on the merger between Ottawa-based Telesat and satellite builder (and shareholder in Telesat) Loral Space & Communications. Key to the long-expected merger solution is the role of Canada’s Public Sector Pension Investment Board (PSP). Under the merger agreement PSP, Loral and Telesat Canada will each become subsidiaries of ‘new’ Telesat […]
A recent Eutelsat-organised Webinar heard comments from Rotana’s COO Michael Cairns. Asked in simple terms how Rotana saw its immediate challenges, he said that they had launched two new channels during the Covid crises (for Kids and Comedy) and the broadcaster had also supplied many of its programmes to OTT platforms (such as Shahid, OSN […]
Asia Times is reporting that China wants to dramatically boost the number of satellites in orbit while China Newsweek talks about a new enterprise, China Star Net, which will be formed and based in Shanghai. China Aerospace Science and Industry Corporation (CASIC), a state-owned enterprise, outlined its plans to preliminarily finish the construction of the […]
The news that Eutelsat is completely ending its already strained relationship with Viasat prompted one analyst to update clients on the position. Viasat will now own 100 per cent the Euro Broadband Infrastructure (EBI). Giles Thorne (media analyst at Jefferies) was blunt: “The curtain comes down on Viasat’s disastrous first steps into European broadband. Eutelsat […]
The FCC used Thanksgiving Eve to tell Charlie Ergen that his Dish Network had improperly received $3.3 billion in 5G licence fee discounts back in 2015. The 25 per cent fee discounts were tapped by Dish Network because Ergen’s team had claimed – successfully at the time – that it was a “designated entity” as […]
The bulk of EchoStar’s business these days is focussed on its wholly-owned subsidiary Hughes Network Systems which itself is a major supplier of satellite-based broadband to consumer and business users. Last week EchoStar – itself controlled by Charlie Ergen – reported better than expected results on revenues and EBITDA. The results have prompted a significant […]
Would-be subscribers outside North America will have to wait some tome for access to SpaceX’s Starlink broadband-by-satellite system. Starlink VP Jonathan Hofeller, speaking at last week’s Euroconsult World Satellite Business Week virtual edition, told attendees that as far as North America was concerned Starlink would stay as a ‘direct to consumer’ business. Starlink is already […]
Eutelsat’s CEO Rodolphe Belmer, speaking at a Euroconsult World Satellite Business Week virtual panel, told delegates that recent agreements and renewal contracts struck with Canal+, Sky Italia and MultiChoice were all struck on good terms. “The broadcast segment for our company is extremely resilient,” he explained. “We are able to stabilise revenues. It will stay […]
Italian broadcaster Mediaset’s delivered better-than-expected Q3 results with its Italian revenue beating the market’s consensus by some 3 per cent. No Full Year 2o20 guidance was provided, but the trend appears to be supportive. Its core financials for Q3 saw group revenue rise by 2 per cent year on year to €556 million. Breaking down […]
Intelsat is currently working its way through its Chapter 11 bankruptcy reorganisation. Prior to the declaration of bankruptcy, the company’s debt burden was some $15.2 billion. It was massively weighed down by interest payments on that debt, costing the company more than $200 million per quarter-year. Intelsat says it is looking to mitigate a major […]
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