It is unlikely that the world’s two major satellite operators, Intelsat and SES, have ever experienced such dramatic collective meltdowns in their share prices. Of course, there have been profit warnings from time to time, but nothing to compare with this week’s catastrophic collapse in their company theoretical values. As this is written, SES has […]
It hasn’t been a prosperous time for the C-Band Alliance of Intelsat, SES and Telesat. Both Intelsat and SES suffered significant mark-downs in the share prices on the back of negative comments from investment bank JPMorgan with its comments (which was reported on November 13th). In essence, the bank says that there are serious concerns […]
Russian news-service TASS is reporting that despite “dozens” of criminal cases and serious penalties, there remains on-going corruption concerns at the Vostochny ‘Far East’ Russian rocket launch site. TASS quotes President Putin saying: “It has been stated a hundred times: you must work transparently because large funds are allocated. This project is actually of the […]
Europe’s leading independent private telecoms companies have formed a new industry association – GIGAEurope. Built on the foundations of Cable Europe, the association will promote the industry’s interests, and in the longer term become an umbrella organisation for a broad section of the connectivity industry. GIGAEurope’s founding members include most of the current Cable Europe […]
Spanish regulator CNMC has imposed a record €40 million fine on each of the largest TV companies in the country – Mediaset and Atresmedia (around 4.5 per cent of their revenues) – for “hindering the entry and expansion of third operators in the TV ad market in Spain” and thus breaking the competition legislation. With […]
Intelsat’s share price fell back 12.34 per cent on November 12th, badly hurt by a negative report from investment bank JPMorgan and amid concerns that there are now significant “complications” in how the proposed C-Band Alliance might fare in the long-awaited FCC decision on reassignment of key satellite frequencies. JPMorgan specifically downgraded Intelsat from ‘Overweight’ […]
Despite all manner of negotiations spread over some 17 months between would-be mega-satellite operator OneWeb and Intelsat, the pair never actually reached an agreement, says OneWeb in an application to a New York court. OneWeb – and its financial backer Japan’s SoftBank – is asking the court to dismiss an action started on September 10th […]
Digital media and broadcast services technical specifications industry consortium DVB has confirmed the approval of its DVB-I specification by the DVB Steering Board in Geneva. It has been published as DVB BlueBook A177. The DVB-I specification aims to ensure that linear television delivered over the Internet is as user-friendly and robust as a traditional broadcast […]
The Alliance for Creativity and Entertainment (ACE) – a global coalition dedicated to protecting the dynamic legal market and reducing online piracy – has obtained a consent judgment and permanent injunction against Omniverse One World Television, Inc. in the federal district court for the Central District of California. Omniverse was a major supplier of unauthorised […]
The USA’s long-established Satellite Television Extension & Localisation Act (STELA) could die but be replaced by a new STAR regulation (Satellite Television Access Reauthorisation). STELA permits satellite viewers, especially those living in remote and rural locations, to watch ‘distant’ networks not intended for their regions, on their receivers. It is due to expire at the […]