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.
Giles Thorne, an equity analyst at investment bank Jefferies, said the SES results prompted a review of the satellite company’s prospects. Jefferies now rates SES a “Buy” with a share price target of €16 (they ae currently around €6.30). SES CEO Steve Collar had reminded analysts on the results call that SES is now carrying […]
A report from investment bank Berenberg says it is impressed by Eutelsat’s recent financial results and in particular the cash flow being generated by the satellite company. It recommends Eutelsat as a “Buy” to its clients, but also admit that in its past recommendations the bank has been “far from successful”. “That is not to […]
Satellite operator SES will issue its Q2 and half-year numbers on August 7th and a note to clients from investment bank Exane/BNPP warns that the impact of Covid-19 is likely to impact the operator, especially its Mobility division. The bank says that expectations of the operator’s Mobility revenues amongst observing banks is extremely wide, ranging […]
Investment bank Exane/BNPP followed up Eutelsat’s end-of-year results with a note to clients praising the satellite operator’s “solid Q4 revenue performance”. The bank’s satellite analyst Sami Kassab welcomed Eutelsat’s improving volume trends in Fixed Data and Maritime as well as one-off benefits in Government. “The bread and butter Video business was in line,” said Kassab. […]
Would-be mega-constellation OneWeb, which is in Chapter 11 bankruptcy organisation, has been granted a 90-day extension of the timetable to produce a formal plan as to how it might exit Chapter 11. OneWeb is in the process of being acquired by the UK government along with Indian telco Bharti Global who have both promised to […]
Eutelsat will unveil its full year numbers (for the year to June 30th) on July 31st. The market, notwithstanding some interesting recent news releases concerning Canal Plus (for an Ethiopian DTH bundle) and Orange France and its plan to secure capacity on Eutelsat’s Konnect craft for a ‘broadband by satellite’ service over France, believes revenues […]
Putting $50 million into the consortium buying bankrupt OneWeb could be extremely lucrative for EchoStar subsidiary Hughes Network Systems/Hughes Connects (HNS). Hughes was an original investor in OneWeb and is now likely to gain $300 million in contracts for at least some of OneWeb’s important ground segment installations. HNS, via EchoStar, signed a contract with […]
The UK is keen on establishing so-called Spaceports, whether in Scotland or the West of England. It has just signed a Treaty-level agreement with the US which allows use of US-built rockets from British locations. The UK’s Space Agency (UKSA) says that a US-UK Technology Safeguards Agreement (TSA) agreed in June potentially opens up activity […]
July 22nd saw Eutelsat announce that French telco Orange had taken all of the available capacity targeting France on Eutelsat’s current ‘Konnect’ satellite. Sami Kassab, an equity analyst at investment bank Exane/BNPP, says that while neither party disclosed the size or value of the contract the deal was likely to involve 5-10Gb/s of High Throughput […]
North American pay-radio operator SiriusXM has done well for its shareholders, including Liberty Media (73 per cent shareholding). The past week has seen BMW confirm that it will install SiriusXM’s 360L on-demand satellite + streaming audio player in all its 2021 vehicle range (except for some of the Series 1 models and X1 and X2 […]
MPs to probe UK cinema sector
Forecast: Satellite IoT market $4bn by 2030
Survey: 18% US homes have 6 or more smart devices
Comcast launches NOW brand in US
Report: Netflix pipeline leads to consecutive quarters of share growth
DAZN extends LaLiga rights in Italy, Portugal
Data: UK companies continue to up marketing spend
Italy: Rai breaks even in 2023
Report: Marketers failing to measure full impact of investments
PubMatic FAST ad partnership with Virgin Media