SES is trimming staff at its Luxembourg HQ. Local press reports, quoting union representatives, say that the satellite giant is cutting 68 jobs which is fewer than earlier planned. The two staff unions (OGBL and LCGB) had previously talked of up to 80 jobs being cut. “As part of the negotiations with the unions, the […]
Proximus Group has signed a binding agreement with InfraRed Capital Partners to sell 100 per cent of the shares of Proximus Luxembourg Infrastructure (PLI) for a total consideration of €108 million (including cash on the balance sheet) to InfraRed’s European Infrastructure Income Fund 4 (EIIF4). PLI is the first independent TowerCo entity in Luxembourg and […]
The NATO Support and Procurement Agency (NSPA) has awarded SES a contract to deliver secure high-performance low-latency satellite services via its medium earth orbit (MEO) constellation, enabling global missions for NATO member government organisations, agencies and military. The MEO Global Services (MGS) award represents a three-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at $200 million […]
TF1 group’s free streaming platform, TF1+, will launch in Belgium and Luxembourg on June 18th. The TF1+ app will be available across all screens (mobile, tablet, PC, smart TV) across a range of devices (Google TV, Android TV, Samsung, LG, Hisense, Sony, Philips, Amazon Fire TV, Apple TV, etc). An ad-free ‘TF1+ Premium’ service is […]
France’s TF1 Group will roll out its TF1+ streaming service to international markets from June. TF1+ launched in Framce in January, and currently has more than 200 box sets of shows and over 400 films in its library, as well as around 50 FAST channels. Rudolph Belmer, TF1 Group CEO, told Series Mania attendees in […]
The Space & Satellite Professionals International (SSPI) organisation, in a revealing podcast, looks at the role of Luxembourg in space and satellite activity. Luxembourg is the home of SES (founded in Luxembourg in 1985) and the tiny country has more recently has been the official domicile of Intelsat. In its Better Satellite World podcast, SSPI’s […]
Luxembourg-based pay-TV provider M7 Group, owned by Canal+ Group, has concluded a multi-year capacity agreement with A+E Networks EMEA for the satellite distribution of its flagship History and Crime+Investigation channels across Europe. The agreement allows A+E Networks EMEA to deliver the channels via the M7 satellite platform on 1 degree West to its affiliate customers […]
Luxembourg, already a major investor in SES, has announced it will leverage capacity on the SES O3b mPOWER fleet for government usage extending to Europe and NATO demand for defence and disaster recovery. The agreement also says it will support further “strategic partnerships” between Luxembourg and the US. Luxembourg’s Deputy Prime Minister, Minister of Defence, […]
NewSpace Capital, a space-focused private equity firm based in Luxembourg, says it has reached an important milestone with its first closing of over €100 million in funding to instil a strong growth momentum in the New Space sector. The company says it is the first global space fund focusing on the growth stage of space […]
Luxembourg is a satellite-friendly nation. The country is already the home of SES and the formal domicile of Intelsat. Luxembourg has now signed a Letter of Intent with Virgin Orbit to help bring Virgin’s air-launch business to the country. Luxembourg’s deputy Prime Minister and Minister of Defence, François Bausch and Virgin Orbit signed a Letter […]