Eutelsat will report its first quarter-year revenues on October 29th. Investment bank Exane/BNPP is telling its clients what to expect. Analysts at Exane/BNPP suggest that Eutelsat will declare €304 million of group revenues for the quarter-year (including €301 million from its so-called Operating Vertical divisions) and which will be driven by a 3 per cent […]
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 […]
Eutelsat Communications and Ovzon have entered into a long-term agreement for the provision of satellite control services following a competitive bidding process involving all major satellite operators. Under the agreement, Eutelsat will ensure the control of Ovzon-3, the first satellite procured by Ovzon, over its full operational life. The agreement reinforces a long-standing cooperation between […]
African pay-TV operator Azam TV has completed the migration of its video platform from the Eutelsat 7B to Eutelsat 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment. Azam will leverage the enhanced performance of Eutelsat 7 C to distribute some 120 channels in a mix of standard and […]
Yohann Leroy has decided to resign his position as Deputy CEO at Eutelsat effective immediately. He will stay on as CTO, a position he has held since 2014. His employment at Eutelsat started in 2010 as Director of Strategy before being appointed as Director of Engineering and Secretary of the Executive Committee in 2013. He […]
A major report on satellite operator SES from analysts at investment bank Berenberg is blunt and expresses doubt in the growth of its ‘Mobility’ division which the bank expects to suffer “materially” slower growth in its coming Q4 numbers and not aided by the pandemic hitting some of SES’s major clients (IFE operators Gogo and […]
Nigeria’s Communications Commission (NCC), the regulatory body overseeing the country’s communications sector, has issued new licences and permits equal to 13 additional feeds from mostly existing satellite operators to provide satellite services within the country. The extra permits go to Intelsat, Eutelsat, Avanti, Yahsat, SES (via NSS New Skies), Inmarsat and Iridium. OneWeb is also […]
Investment bank Jefferies, in its report on Sky Italia renewing their long-term distribution contract with Eutelsat, says that the deal removes a “sword of Damocles” from Eutelsat’s prospects. “It removes a huge overhand for the stock,” says analyst Giles Thorne. Eutelsat’s share price has been in the doldrums for months, and the renewal news lifted […]
Eutelsat has signed a “multi-year” strategic agreement worth €450 million over its life with Sky Italia, a “premier anchor customer” for renewed Eutelsat capacity on its ‘HOTBIRD’ craft. “The agreement represents the latest step in the long-standing partnership between Sky, the pre-eminent anchor customer on HOTBIRD, and Eutelsat which has supported since 2003 the development […]
Eutelsat, which is also involved in the restructuring of C-band frequencies over the US, has confirmed to the FCC that it will not be buying a dedicated C-band satellite to serve its North American clients. Eutelsat back in June had cautioned the FCC that an additional satellite might be needed – at a cost of […]