The build–up to IBC has influenced Eutelsat [and SES] to announce new business. The satellite provider has signed an partnership agreement with Japan’s SoftBank Corp. Eutelsat’s deal with SoftBank will offer low latency, secure connectivity for businesses and government agencies throughout Japan, and sees Eutelsat enter the Japanese market for the first time. The agreement […]
Deutsche Bank has trimmed its share price target slightly from €3.10 to €3 and says it is concerned by continued delays with OneWeb and in particular with repercussions following Eutelsat’s merger with low Earth satellite operator OneWeb. The bank maintains its ‘SELL’ advice to clients. The bank says it believes that the satellite operator’s growth […]
Eutelsat’s OneWeb division has a batch of 20 of its broadband satellites enroute in air–conditioned comfort from the Airbus–owned factory in Florida to California’s Vandenberg Space Force Base inreadiness for launch. The 20 satellites are the final group of OneWeb’s Generation 1 craft. They will be used as orbital back–up and as replacements for craft […]
Eutelsat Group and Honduras’s Cable Color have signed a new multi-year agreement renewing capacity for video broadcast services over Central America on the Eutelsat 117 West A satellite. Cable Color is a long-standing customer of Eutelsat. The 117° West location is the premium TV neighbourhood for Latin America, offering pan-regional distribution of various major networks […]
Eutelsat’s OneWeb division is to lose another CEO. The first departure was Neil Masterson, who departed on good terms at the end of 2023 as OneWeb was integrated into Eutelsat. However, his replacement Stephen Beynon is set to go less than a year after OneWeb’s absorption with Eutelsat. Beynon was appointed CEO of OneWeb (and […]
Eutelsat and Bayobab have announced a multi-year agreement for Low Earth Orbit (LEO) capacity on Eutelsat’s OneWeb constellation. This collaboration aims to address the connectivity needs for enterprises and cellular backhaul, providing solutions to enhance network performance and customer experience across the continent. Bayobab, the African digital and infrastructure service provider, will leverage Eutelsat’s OneWeb […]
Europe’s plan for a highly-secure orbital constellation, called IRIS2 (Infrastructure for Resilience, Interconnectivity and Security by Satellite) is widely accepted to be in trouble. Two key members of the winning consortium (Airbus Space & Defence and Thales Alenia Space) have already stepped down. The remaining members of the SpaceRISE consortium, formed specifically to bid for […]
Eutelsat is to sell its ground infrastructure assets, mostly the giant dishes and transmission technology that make up its teleports. The buyer – with whom it is in exclusive discussions – is Sweden-based private equity EQT Group. Eutelsat will retain a 20 per cent stake in the eventual business. Eutelsat’s ground station business consists of […]
Eutelsat’s full-year revenues (to June 30th) were positive. Overall revenues were up 7.2 per cent to €1.21 billion (€1.13 billion in the previous year). Eva Berneke, CEO, explained that Eutelsat was in the middle of a profound transformation, commenting: “The advent and rapid adoption of LEO technology presents significant opportunities in both the commercial and […]
Eutelsat has been selected by United Group, the South-East European provider of telecommunications and media services, to consolidate its broadcasting activities at two of Eutelsat’s flagship video hotspots. Following an RFI to satellite operators to optimise the efficiency of its operations, United Group awarded Eutelsat the contract for its entire DTH portfolio. Under the multi-year, […]