Advanced Television

Eva Berneke

Eutelsat orders ‘Flexible’ satellite

Paris-based satellite operator Eutelsat has ordered a flexible software-defined craft from Thales Alenia Space. Eutelsat says that this ‘New generation’ of high-throughput, software-defined satellite, allowing flexibility and instant reconfigurability, to adapt to changing missions. It will reinforce Eutelsat’s in-orbit assets to serve surging demand for Connectivity in the Americas. The Flexsat (for flexible satellite) will […]

December 1, 2022By Chris Forrester

Eutelsat maintains 2022 dividend

Eutelsat held its AGM in Paris on November 10th. Top of the list of decisions made was confirmation that its dividend for this year (its trading year to June 30th 2022) will be maintained. Investors have a choice of either accepting the 93 cents/share dividend, or to take newly-issued shares in Eutelsat at the option […]

November 11, 2022By Chris Forrester

Eutelsat warned to cease Russian operations

Andrus Ansip, the former European Commission’s vice president, has again criticised satellite operator Eutelsat for not ceasing its relationship with Russia. Ansip, also a former prime minister of Estonia, is accusing Eutelsat of collaborating with Russia. Ansip was following up his previous October 18th condemnation of Eutelsat. This time he has been unequivocal in his […]

November 4, 2022By Chris Forrester

Eutelsat: OneWeb merger to generate €2bn by 2027

Eutelsat has unveiled its Q1 results showing overall revenues have fallen by 4.5 per cent on a like-for-like basis to €287 million. But CEO Eva Berneke said that its merger with OneWeb, now progressing through the normal regulatory measures, would take the combined businesses to revenues of €2 billion by 2027. Berneke said that the […]

October 12, 2022By Chris Forrester

Eutelsat share collapse continues

It emerged during a media and analyst briefing from Eutelsat CEO Eva Berneke that the company’s suspension of its dividend payments to shareholders could extend beyond the already announced 2022-2023 and 2023-2024 trading years. This current year’s dividend of €0.93 will be paid, subject to Board approval, in November 2022. Berneke declined to commit specifically […]

July 27, 2022By Chris Forrester

Eutelsat still suffering Video revenue challenges

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 […]

May 13, 2022By Chris Forrester

Eutelsat CEO: “Video broadcasting still important”

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 […]

March 31, 2022By Chris Forrester

Eutelsat still under revenue pressure

Eutelsat released its first half-year results on February 17th and reported that like-for-like revenues had fallen 4.2 per cent. The satellite operator also cautioned that its full-year numbers would be at the lower end of guidance. However, drilling down into the numbers, it reported that actual revenues of €628.5 million (for the half-year to December […]

February 17, 2022By Chris Forrester

Berneke named Eutelsat CEO

Eva Berneke is Eutelsat’s new Chief Executive Officer, with effect from January 1st 2022. She joins Eutelsat from KMD, the Danish IT and software company that is part of the NEC Group. During her tenure, she oversaw the transformation of KMD from a mainly government service provider to a modern, digital company competing in both the […]

December 20, 2021By Chris Forrester