SES says it will pay shareholders its 25c dividend later in October. The news coincided with a report from investment bank BNP/Paribas and while it does not reveal a great deal of ‘new’ news, it has some very interesting extra elements. The report, from the bank’s Sami Kassab, notes that SES recently won a large […]
On September 5th a SpaceX Falcon 9 rocket placed its 7,001st Starlink satellite into orbit. That’s good news, and amongst that number there were 13 of its Direct to Cell (D2C) versions capable of communications direct to smartphones. Those D2C satellites now number 181 in orbit. But a report from Scotiabank itemises the very real […]
AST SpaceMobile already has five of its BlueBird satellites at Cape Canaveral waiting for launch by SpaceX. They are expected to be launched during the first half of September. It also has 17 of its advanced ‘Block 2’ satellites under construction at its Midland, Texas facility. CEO Abel Avellan told analysts during AST’s Q2 results […]
LBG Media is a UK-based multi-channel digital entertainment business, with a massive global audience. It claims an audience reach of more than 1 billion and enjoyed 128 billion views last year thanks to its LADbible, SPORTbible, and Unilad series of sites. LBG says it is now the world’s all-time “most viewed and engaged publisher on […]
Investment bank Berenberg has downgraded satellite operator SES from ‘Buy’ to ‘Hold’. The bank has also reduced its share price target from €7.20 to €6.80. The bank’s report says that it believes that the operator’s cash warchest, made up of the receipts of the $3 billion from the FCC as compensation for releasing certain C-band […]
Investment bank BNP/Paribas, in its review of Eutelsat’s half-year results, praised the satellite operator saying it was making “good progress” and reducing its balance sheet risks, but warned it “is not out of the woods yet”. BNPP, in its note to clients, stated: “While we remain cautious on the shares in the context of management […]
Shareholders – and management – might have breathed a sigh of relief with the news from investment bank Jefferies that it was upgrading its view of Viaplay Group’s prospects from ‘Underperform’ to ‘HOLD’. The news comes after a torrid time for Sweden’s Viaplay operation, which focuses on streaming in a number of international markets. It […]
Analysts at investment bank BNP-Paribas suggest that 2024 remains another transitional year for German broadcaster ProSiebenSat.1 (PSM). It says that PSM’s increased investment in local content is the right strategic move “but is painful for shareholders”. The bank says that management will increase that local content to support its digital offering. That extra investment on […]
The SES share price is in the doldrums. The past few days has seen its shares trading at about €5.60. However, a report from analysts at Berenberg Bank suggests there’s positive news ahead. The bank says that with about $3 billion coming in around 10 days from now, the FCC’s C-band compensation scheme gives SES […]
Investment bank Berenberg, in a report to clients on the likely financials from satellite operator SES due on August 3rd, is urging SES to announce a buyback of shares. SES is due to receive about $3 billion (less 18-19 per cent tax) at the end of the year as its compensation from the FCC for […]