Eutelsat, a significant shareholder in low-Earth orbit constellation OneWeb – which has some two-thirds of its fleet (428 craft) already in space, says that it sees OneWeb generating $1 billion (€0.96bn) in revenues within 3-5 years of its deployment. A note from equity analyst Sami Kassab at investment bank Exane/BNPP to clients anticipates that OneWeb […]
Eutelsat revealed its Q3 financials after the market closed on May 12th. Its financial year ends on June 30th. The Broadcast division’s quarterly revenues fell back 6.8 per cent y-o-y to €172.5 million (from €182 million); Broadcast is 61 per cent of the company’s revenues. The problems in Russia were covered by the company. The […]
Eutelsat Communications and The Tuvalu Telecommunications Corporation (TTC) have signed a contract for capacity on Eutelsat 172B satellite to support the extension of corporate networks for government offices and key enterprises of the Tuvalu Islands. Under the terms of this multi-year agreement, TTC will be leveraging the unparalleled coverage of Eutelsat 172B to fulfil its […]
Eutelsat has been upgraded from analysts at Zachs Investment Research with a ‘Buy’ rating from ‘Hold’. Zachs gives a price target for Eutelsat of $12 (about €11.10) for the company’s shares (currently trading at about €10.26). The Zachs report, issued April 20th, updates investors on other views and ratings from the likes of Barclays (which […]
Back at the Satellite 2017 show, in front of thousands of delegates, Eutelsat’s then CEO Rodolphe Belmer signed a contract with Jeff Bezos for the very first order for Blue Origin’s New Glenn rocket. Eutelsat and Blue Origin, in a statement at the time, said the rocket would be ready “by the end of the […]
New CEO Eva Berneke had only been aboard at Eutelsat for some nine weeks, but in her panel discussion at the recent Satellite 2022 show in Washington, she was well up to speed in regard to Eutelsat’s recent history and prospects for 2022. Berneke highlighted last year’s investment in OneWeb – wrapped by previous CEO […]
Eutelsat’s Cristiano Benzi, SVP Global/Professional Video, speaking during the satellite operator’s Webinar on UHD and its prospects, stated that “UHD was not as successful as Eutelsat had hoped”. Out of some 7,000 channels carried by Eutelsat only 34 are currently in UHD. Benzi said that on Eutelsat’s important Hot Bird satellite position, there were almost […]
Eutelsat Communications and OneWeb, the low Earth orbit (LEO) satellite communications company, have announced a global, multi-year Distribution Partnership Agreement (DPA) for OneWeb capacity. The agreement paves the way for Eutelsat to commercialise OneWeb services across key verticals including Maritime, Aviation, Enterprise, Telcos and Government. The companies say that the partnership reflects the deepening cooperation […]
Wyld Networks has announced the availability of its new range of low-power, sensor-to-satellite LoRaWAN terminals and modules for IoT applications across areas where there is little or no alternative connectivity. The Wyld Connect hybrid devices can transfer data directly to terrestrial networks or through a network of Low Earth Orbiting (LEO) satellites through a partnership […]
Barclays Bank has issued a note from its equity analysts which favours “defensive stocks” such as SES and Eutelsat. The bank says that the current economic uncertainties mean that its former recommendations for global ad-agencies such as WPP, Omnicom, Interpublic and Publicis are downgraded to ‘Equal Weight’ from ‘Overweight’. The bank says there could be […]