By and large, the recent newsflow for Paris-based satellite operator Eutelsat has been negative. But good news came on December 9th from market analysts at financial research specialist CFRA, which has upgraded Eutelsat from ‘Sell’ to ‘Hold’, and issued a price target of €3.50. Eutelsat’s share price closed on December 9th at €3.21, up on […]

Eutelsat Group has exercised the put option signed with EQT Infrastructure VI fund on August 9th regarding a majority stake in a newly created entity that will hold Eutelsat’s passive ground infrastructure assets. This decision follows the completion of the consultation processes with relevant employee representative bodies of Eutelsat.The exercise of the put option led […]

Investment bank JP Morgan has lowered its Eutelsat share price target from €3 to just €2.80 (and ‘SELL/Underweight’ advice to clients). The move prompted a share sell-off and a rapid collapse and its already extremely low share price fell back from about €3 on Nov 28, to a low point of €2.84 on the 29th […]

There is, in reality, no links with the Kremlin for Paris-based satellite operator Eutelsat, but that didn’t stop one shareholder using last week’s AGM at Eutelsat to complain about the operator broadcasting Russian channels. The cause for the complaint are channels which are carried as part of – for example – Eutelsat’s popular 36 degrees […]

The rise of constellations, the boom in data exchanges, and the integration and digitisation of networks are reshaping ground segment activity. Innovation is driving a transformation of the ecosystem, with ongoing and expected transactions on both the demand and supply sides. Novaspace’s fifth edition of its Ground Segment Market Prospects report projects the competitive ground […]

wedotv, the AVoD and FAST channel programmer and distributor, is expanding the distribution of its flagship channel, wedotv big stories, to audiences across the Middle East and North Africa via the Eutelsat 7 West A satellite, located at the region’s leading 7/8° West video neighbourhood. wedotv big stories brings audiences factual entertainment, documentaries and other […]

Eutelsat Group has announced a new multi-year agreement with Q-KON, a satellite solutions and services provider, to expand Low Earth Orbit (LEO) satellite services across Sub-Saharan Africa. The agreement will further accelerate the delivery of high-speed, low-latency connectivity to specialised and underserved businesses and communities, particularly in Southern Africa. The expanded agreement with Q-KON builds […]

Thaicom is using an old Eutelsat satellite to protect its transmission rights to an orbital slot. The orbital position is at 50.5 degrees East which Thaicom gained from the country’s National Broadcasting & Telecommunications Commission in an October auction. However, the licence to operate from the position expires on November 27th. The Eutelsat satellite was […]

Eutelsat’s OneWeb low Earth orbiting system will be officially launched in Thailand in December and go fully ‘live’ in January for commercial users, according to The Bangkok Post. OneWeb and the nation’s National Telecom (NT) will co-launch the system which is being tested this month. OneWeb’s gateway teleport facility is expected to support more than […]

One commentator called the award of the IRIS² contract to the SpaceRISE consortium comprising Eutelsat, SES and Hispasat and showing “a sign of life, at last, for Europe’s satellite internet” and adding that Europe’s nations did not want to remain “beholden to Starlink or other networks”. Those sentiments may be true, but hard-headed bankers such […]