Advanced Television

nilesat

Nilesat’s profits rise 11.25%

Cairo-based Nilesat, which broadcasts almost 1,000 channels across the MENA region, has reported higher net profits, up 11.25 per cent to $21.47 million (€19.51m) for the first 6 months of this year, despite overall revenues being squeezed. Nilesat’s numbers were released to the Egyptian Stock Exchange on August 13th. The company’s operating revenue dropped in […]

August 15, 2024By Chris Forrester

Nilesat FY profits up 12%

Cairo-based Nilesat reported a 12 per cent increase in profits for the year ended December 31st 2023. The company’s profits reached $43.754 million, compared to $38.967 million in 2022. Revenues from operations also increased by 2 per cent to $101.825 million, compared to $99.859 million in 2022. The announcement was made during the company’s general […]

April 2, 2024By Chris Forrester

Nilesat chooses Hughes’ Jupiter for Egypt gateway

EchoStar-owned Hughes Network Systems has been selected by Cairo-based Nilesat for a local gateway which will use Nilesat’s 301 satellite. Hughes will supply one of its Jupiter Gateways and installation will begin shortly and be complete by the end of Q3. Commenting on the deal, Sameh Katta, Chairman/CEO of Nilesat, said: “The Nilesat vision is […]

March 19, 2024By Chris Forrester

NileSat, Es’hailSat strategic partnership

Egyptian-based NileSat and Qatari-based Es’hailSat have signed a strategic partnership agreement for cooperation in satellite services in the Middle East and North Africa (MENA) region. The agreement means that NileSat, via Es’hailSat, has access to the Arabsat orbital ‘hot spot’ of 25.5/26 degrees East where Es’hailSat also has satellite coverage. Es’hailSat, in return can now […]

February 8, 2024By Chris Forrester

Nilesat 2023 revenues recover

Cairo-based Nilesat has reported net profits (after tax) valued at $43.75 million (€40.4m) in 2023, higher by 12.29 per cent year-on-year (YoY) than $38.96 million. Revenues amounted to EGP 101.82 million last year, up 1.97 per cent from EGP 99.85 million in 2022, according to the financial results. Nilesat’s earnings per share (EPS) reached $1.03 […]

January 30, 2024By Chris Forrester

Nilesat revenues up 2%

Cairo-based satellite operator Nilesat has reported a modest increase in revenues of 2.1 per cent for the H1 2023 trading period. Nilesat serves the MENA region with digital TV transmissions and play-out services. Its quarterly revenues, to June 30th, have stayed flat over the past year. The current period showed revenues of $25.61 million. The […]

October 23, 2023By Chris Forrester

DataMiner-empowered Nilesat awarded with WTA TIER-4 certification

Skyline Communications, a provider of digital transformation software solutions, proudly recognises the significant achievement of a WTA Tier-4 certification by Nilesat, a leading satellite operator in the Middle East region, based in Egypt. Skyline’s DataMiner platform has played a pivotal role in Nilesat’s ongoing commitment to innovation in teleport technologies and the delivery of top-tier […]

September 15, 2023

Nilesat improves revenues

Nilesat, the Egyptian satellite company, has reported a 3.2 percent year-on-year rise in net profits after tax during the first half of 2023, recording net-profit of $19.304 million, compared to $18.706 million, according to the financial income statement filed to the Egyptian Exchange. Nilesat’s operating revenue climbed by 2.09 per cent year-on-year in the six-month […]

August 15, 2023By Chris Forrester

Ateme feeds latest Nilesat satellite

Ateme, a player in video compression, delivery, and streaming solutions, has announced that its video headed is feeding the latest satellite launched by Nilesat, the satellite service provider delivering digital television, radio, and data services across the Middle East and Africa. For the third time, Nilesat has chosen Ateme for its video headend; this time […]

July 18, 2023

Nilesat Q1 profits up 2.8%

Cairo-based satellite operator Nilesat has reported a 2.8 per cent Q1 rise in its net profit in the three months to March 31st 2023. First-quarter net profit rose to $7.47 million (€6.9m), from $7.27 million in the same period in 2022, although this was down on the 2021 Q1 period when net income was stated […]

May 30, 2023By Chris Forrester