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 – […]
SES has unveiled its Q3 and nine-month numbers, and also announced that it has cancelled plans to divide the company into two: a Video-based business (responsible for 59 per cent of group revenue) and a Networks company. Group revenues for the nine months were €1.41 billion and down 2.9 per cent on 2019’s €1.45 billion. […]
A report from investment bank Jefferies on Netflix says that 90 per cent of the streamer’s Indian subscribers would pay at least an extra $1.32 per month, and thus generating a future potential beneficial revenue tail wind for APAC revenue growth. Indeed, the Jeffries survey shows 35 per cent of India respondents would happily pay […]
Despite Europeans youths returning to schools, colleges and universities, the new widespread adoption of tighter lockdown rules is likely good news for the video games sector. A report from investment bank Jefferies says: “In demand terms, we believe that surveys support a significant and lasting increase in the market for games. Our global survey of […]
Investment bank Jefferies has initiated coverage of Israeli telco and broadcaster Bezeq and giving the company a ‘Buy’ rating. Jefferies confirms that Bezeq, which supplies fixed-line and cellular telephony and is the 100 per cent owner of pay-TV operator YES TV, will launch its fibre network later this year following a change to Israeli regulations […]