Cairo-based Nilesat, which serves the MENA region, has again seen profit fall 22 per cent for the 9 months to September 30th. The operator’s net profit for the 9 month period was $20.3 million(€17.7m) – down from $26.07 million in the same period last year. NileSat is now again trading successfully with Eutelsat with whom […]
Eutelsat has unveiled its Q1 revenues – the final set of numbers before Rodolphe Belmer’s departure from the business. The financials were not good. Each and every division showed falling revenues. Its all-important contracted backlog also fell €200 million y-o-y to €4.2 billion. The good news, such as it is, is that Eutelsat has firmed […]
TVU Networks, the market and technology specialist in cloud and IP-based live video solutions, has announced an expanded partnership with Nilesat, the Egyptian satellite communication provider, that will increase contribution capability for Nilesat’s African customers and decrease transmission costs. In conjunction with a new satellite scheduled to launch in Q2 2022, TVU Networks will offer […]
The Egyptian Satellite Company’s is already serving some 56 million homes and 270 million viewers across the Middle East, North Africa and the Gulf regions. With the launch next year of Nilesat 301 it is intent on adding more homes and viewers from Africa. “Being the mainstay satellite of the Arab world, Nilesat has always […]
Nilesat has followed Arabsat in taking down broadcasts from the Lebanon-based Al-Manar TV news channel, which is funded by the controversial Hamas organisation. Transmissions of Al-Manar will cease on June 15th. Justifying the decision, Nilesat’s board of directors claim that Al-Manar TV violated the agreement signed between both parties and broadcast programmes which provoke sectarian […]
ATEME, a specialist in video delivery solutions for broadcast, cable TV, DTH, IPTV and OTT, has announced that Nilesat, one of the leading satellite service providers delivering digital television, radio, and data services across the Middle East and Africa, has chosen to implement its TITAN Live platform for two projects, increasing ATEME’s presence in the […]
Satellite reception remains the dominant means of receiving TV despite the uptake of IPTV and streaming services in the MENA region, according to an Arabsat-commissioned study carried out by market research specialists IPSOS. Moreover, the study found that at least 45 per cent of viewers are less than 30-years-old, which “illustrates the strong sustainable relevance […]
Nilesat’s CEO Ahmed Anis confirmed to a general assembly meeting of shareholders that the company recorded net profits of more than $34 million last year. The profit was based on revenues of $125 million. However, this was a 4 per cent decline on 2019’s $130.7 million revenue. He told the meeting that Nilesat had paid […]
Nilesat and Eutelsat effectively share the 7/8 degrees West orbital positions and have a considerable amount of inter-trading over the MENA market. Eutelsat CEO Rodolphe Belmer told analysts on Eutelsat’s post-results conference call that it intends to “take back” some of Nilesat’s capacity serving the Arabic-speaking market “to distribute it ourselves.” He explained that the […]
Cairo-based satellite operator Nilesat continues to suffer from squeezed margins leading to falling revenues and lower net profit. In its latest set of accounts, released to the Cairo stock exchange on February 11th, the operator’s net profit for 2020 tumbled 19.8 per cent (y-o-y) to $34.15 million, compared to $42.53 million in the previous year. […]