Bigblu Broadband (BBB), a provider of alternative super-fast and ultra-fast broadband services, has provided an unaudited trading update for the 12-month period ended November 30th 2021. During the period, BBB delivered growth across all four of the Board’s key metrics: customer base, revenue, EBITDA and free cash flow. As a result, the Directors remain confident […]
Eutelsat enjoyed a near-spectacular market trading day on February 12th when its share price rocketed more than 6 per cent to end the day at €10.31. The rise reflected a sense of buoyancy from CE Rodolphe Belmer despite his alerting the market that its much-needed super-satellite Konnect Very High Throughput Satellite (VHTS) would be around […]
Bigblu Broadband is to offer high speed broadband-by-satellite to users in New Zealand. Bigblu sold its European business to Eutelsat last year. Its new service will use capacity from the Kacific-1 satellite which was launched in December 2019. Kacific will provide financial support to Bigblu to include an investment in customer user terminals. Bigblu will […]
Eutelsat Communications has announced the successful entry into service of its new-generation Eutelsat Konnect High Throughput Satellite at the 7° East orbital position. Launched aboard an Ariane rocket on January 16th 2020, the availability of Eutelsat Konnect had been delayed due to Covid-related interruptions in the roll-out of the ground segment, but having now completed […]
Later in 2021 Eutelsat will launch a large satellite, its Eutelsat VHTS (for Very High Throughput) Konnect craft. It will use this craft, with its 230 spot-beams and overall capacity of some 500 Gb/s throughput, to provide two-way broadband connectivity across Europe and much further afield. Eutelsat is already marketing a preliminary ‘Konnect’ service over […]
The sale of BigBlu Broadband to Eutelsat has been completed. BigBlu was bought by Eutelsat for £39.3 million, although there could be an additional sum to be paid. That final consideration, of some £1.5 million, was subject to the final completion accounts including the actual working capital at completion against an agreed target level and […]