French commercial networks TF1 and M6 are in exclusive merger negotiations. The intention is to create a French media group which offers TV and radio as well as digital choices and content production. If approved by the authorities, the proposal would create France’s largest broadcasting group. Analysts at investment bank Exane/BNPP note that the new […]

The first-quarter results from satellite operator SES were buoyant, and helped by a commitment to buy in €100 millions-worth of its own shares for cancellation helped boost SES’s share price by almost 10 percent. At the end of the day the shares were up 9.3 per cent to – a still miserable in some eyes […]

Eutelsat is taking a 24 per cent stake in OneWeb. Eutelsat’s fresh cash values OneWeb at $2.3 billion. However, Eutelsat is paying a significant premium to enter OneWeb. When the UK government and India’s Bharti Global invested their cash into OneWeb they placed their $500 million into the business and received 42 per cent of […]

Satellite operator SES has been re-examined by investment bank Jefferies based on its most recent financials and guidance for the rest of this year. The result can best be described as “mixed”. SES has guided that overall revenues will slip back for this next couple of years and these forecasts are reflected in the bank’s […]

Sami Kassab, satellite analyst at investment bank Exane/BNPP, says that Covid-19 was not helping SES achieve its target revenue numbers, but the 9 per cent tumble in SES Video was the worst quarter of the year, and a worry. In a report to clients, Kassab recognised that SES had signed new and renewed orders worth […]

Plume, the company behind the smart home service offerings of more than 170 Communications Service Providers (CSPs) served to more than 22 million households across the globe, today announced that it has closed a $270 million minority investment from global venture capital and private equity firm Insight Partners. This Series E round at a $1.35 billion […]

Viasat of California, which already operates broadband-by-satellite services to businesses and consumers around the world, reported a 4.2 per cent drop in revenues (but Q3’s net income grew 4 per cent) but managed to boost its EBITDA by an impressive 17.5 per cent. The company told shareholders and analysts that its massive new Viasat 3 […]

Viasat, the California-based international broadband-by-satellite supplier, and Charlie Ergen’s EchoStar satellite business have both suffered a downgrade by analysts at investment bank Jefferies. In essence, the bank’s report says that Viasat’s revenues are likely to be impacted by the Covid pandemic and the bank has downgraded its revenue forecasts for this trading year. The bank […]

The rumours that some sort of consolidation could take place between SES and Eutelsat refuse to die. At the November 5th results conference, analyst Patrick Wellington from Morgan Stanley almost seemed to appeal to SES CEO Steve Collar to come clean and explain the position. Collar politely declined the invitation to deliver any information – […]