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.
A report from analysts MoffettNathanson (MN) admits that while conventional wisdom would have it that telecom and cable should be defensive in a recession but generally speaking, those impacts will be far milder for most telecom and cable operators than for most companies. Nevertheless, there have been some truly dramatic falls in share prices since […]
TV viewers will be all-too familiar with advice given by news broadcasters that “the following images might contain flashing lights”. But now research suggests that High Dynamic Range (HDR) transmissions might not help matters. TV technology journalist, Pete Putman, reporting for specialist website Display Digest, says a recent presentation at the Hollywood Professional Association’s tech […]
A major report from investment bank Berenberg on satellite operator SES maintains the company’s “HOLD” rating but with a severely reduced target price of €8.40. As recently as February its target price was €14.90, and in November 2019 was €18. The bank is blunt, saying that SES has failed to deliver on its revenue guidance […]
Ajit Pai, chairman of the FCC, has strongly defended the regulator’s plan for a public auction for C-band, and told the US Senate Financial Services Subcommittee that he was confident that the FCC’s plan would be accepted. One senate member (Sen Chris Coons, Dem-Delaware) asked Pai how certain he was that there would not be […]
Schall Law, which describes itself as a “national shareholder rights litigation firm”, says it is investigating claims on behalf of investors who hold stock in Intelsat. Los Angeles-based Schall is looking to mount a Class Action of shareholders who have lost money and, if successful, would mount an action based on alleged “violations of securities […]
Amidst technical problems and project delays evidently, Elon Musk has been asking why more progress isn’t being made on his ambitious Starship ‘rocket-to-Mars’ concept. Technology publication Ars Technica, in a fascinating report (‘Welcome to Muskville‘) talks about Musk instructing his existing staff working on the Starship prototypes to hire more people. From February 23rd at […]
On February 25th a Northrop Grumman-built ‘Mission Extension Vehicle’ (MEV) successfully mated with Intelsat 901 and performed a Space Tug rescue mission, and gave the potential zombie satellite another five years of valuable life in orbit. The move seems to have impressed the US Government’s Defense Advanced Research Projects Agency (DARPA) which has selected Northrop […]
“OK,” you might say if you were a satellite operator. “We’ve lost this battle, but we can still win the war.” The FCC and C-Band Alliance machinations have been the primary focus for the satellite industry for the best part of 3 years. The rationale for a major ‘win-win-win’ for the US-focused satellite sector is […]
A report to clients by investment bank Exane/BNPP states that the company’s decision to cut by 50 per cent its dividend to shareholders (to €0.40) looks like a “draconian measure”. Sami Kassab, Exane’s satellite analyst, issued an “outperform” rating on SES based on the pretty miserable closing price on March 2nd at €7.26 – and […]
Investment bank Jefferies issued its report on the SES results and advised investors to “read between the lines”. While admitting that the day “was painful” for the company, analyst Giles Thorne added: “In our view, [the day] will be looked upon in time as the day SES signalled structural solutions to its structural problems, namely: […]
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