Two years ago, French president Emmanuel Macron said he would create a Space Force. On October 12th, he backed up his promise with a €30 billion commitment for investment in France’s high-tech sectors. “We want to have Elon Musks in France,” he told an audience at the Elysée Palace. Macron said that Musk and his […]
The bid for Eutelsat by businessman Patrick Drahi, rejected by the satellite company, might well trigger other bidders to enter the picture. Sami Kassab, equity analyst at investment bank Exane/BNPP, poses some interesting suggestions as to potential rival bidders to Drahi. Kassab argues that the key to anyone’s success in the validation of the bid […]
Eutelsat shareholders had a prosperous day on September 30th when the company’s share price rose dramatically by an initial 15.6 per cent (to €11.97), just below Patrick Drahi’s reported €12 bid. Eutelsat confirmed receipt of the bid, and rejected the approach. This suggests either Drahi doesn’t have the backing of state-backed BPI or else – […]
Content optimisation business OneSpace has been bought by Ascential (which was formerly publishing giant EMAP). Ascential, in a statement highlights OneSpace’s appeal: “Underpinned by its SaaS (Software as a Service) model, OneSpace manages product specific content catalogues, enables the creation of original material and customises content in order to drive higher sales across multiple products […]
The enthusiasm for video games and gaming shows no signs of fading. Industry data shows that global stock market growth for the games sector was up 3.6 per cent last week. Even the more modest indicator from Morgan Stanley (the MSCI World) Index showed growth for the week of 1 per cent. But there could […]
The news that Netflix has made a key appointment to its game development division is good news for the streamer says a report from equity analysts at investment bank Exane/BNPP. Mike Verdu will join Netflix as VP/game development, reporting to COO Greg Peters, the company has confirmed. Verdu was previously Facebook’s VP/in charge of working […]
A comprehensive report from investment bank Exane/BNPP on German broadcaster ProSiebenSat.1 says that next year Germany and its television ad-market will be the first European market to have recovered to 2019 and pre-Covid levels. The bank’s study says that it expects a “strong rebound” for advertising this coming half-year and into 2022. Consequently, it has […]
June 30th saw a routine SpaceX launch lifting 88 smaller satellites into orbit on its Transporter-2 special flight. The Falcon 9 rocket booster landed some 10 minutes later back onto its concrete launch pad. It was yet another success for the Elon Musk concept of reusable rockets. But the news was somewhat overshadowed by a […]
A report from analysts at investment bank Exane/BNPP suggests that the recent pair of refinancing Bonds and Notes issued by SES will themselves boost earnings/share by about 6 per cent in 203. There could also be more benefits on the horizon. SES’s share price is firmly stuck in the near-static doldrums at around €6.40-€7.00. Sami […]
The ramifications from Eutelsat’s 24 per cent participation in OneWeb, and whether that stake will forbid the satellite operator from participating in a future EU-backed Low Earth orbiting broadband system, continue. May 25th saw further anxieties emerge over Eutelsat’s role as investors absorbed the possible impact of the EU’s news. One report says that Eutelsat’s […]