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OneWeb

Intelsat expects record revenues; American Eagle deal

Intelsat’s CEO David Wajsgras, speaking at the company’s investor day, said that the company expects record revenues this year, of about $2.1 billion (€1.9bn), up slightly on the $2.084 billion from 2022. Intelsat is considering creating a Medium Earth orbiting fleet of satellites. It had issued a ‘Request for Proposals’ this summer. Intelsat will decide […]

December 4, 2023By Chris Forrester

Eutelsat suffers Fitch Ratings downgrade

Eutelsat’s shares hit another all time low on November 23rd, not helped by a downgrade from Fitch. The ratings agency downgraded Eutelsat’s debt to ‘BB’ although stated that the operators outlook was “stable”. However, the news didn’t help Eutelsat’s share price which crashed to €3.77 (from €4) although it finished the day at €3.81. The […]

November 24, 2023By Chris Forrester

Eutelsat OneWeb claims Indian ‘first’

Eutelsat OneWeb claims it is the “first to receive approval” from Indian space regulator for satellite broadband over the nation. But spectrum allocation has yet to be granted. OneWeb India says it has received the necessary authorisations from IN-SPACe on November 21st to launch Eutelsat OneWeb’s commercial satellite broadband services in India. Other operators are […]

November 22, 2023By Chris Forrester

Chunghwa Telecom selects Eutelsat’s OneWeb

Eutelsat OneWeb has won a multi-million dollar agreement with Chunghwa Telecom, the largest integrated telecommunication service provider in Taiwan. The deal covers access to Low Earth Orbit (LEO) satellite services from OneWeb. Eutelsat says that its OneWeb’s LEO satellite network will enable Chunghwa Telecom to bolster their suite of communication services with additional space-based connectivity. […]

November 15, 2023By Chris Forrester

OneWeb, Jio licensed for India coverage

India’s Department of Telecommunications (DoT) has granted operational licences to OneWeb and Jio for their satellite-based broadband schemes. However, spectrum allocations has yet to be determined. Jio received its ISP licence in October, and the same permission has now been issued to OneWeb. As yet there is no news on Elon Musk’s Starlink system having […]

November 14, 2023By Chris Forrester

Eutelsat OneWeb LEO connectivity for Ponant

Marlink, the smart network and digital solutions company, has partnered with LEO internet operator, Eutelsat OneWeb, part of Eutelsat Group, to provide digital connectivity solutions to Ponant, a specialist in exploration cruise, within its smart hybrid network. Ponant will deploy the Eutelsat OneWeb service on its polar exploration ship Le Commandant Charcot, the luxury icebreaker, […]

November 7, 2023

Eutelsat reports Q1; Shares hit all-time low

Eutelsat’s has reported its Q1 2023/24 results, but before that, on October 25th, its share price fell to an all time low of €4.15 before a slight recovery to finish the day at €4.31. The low value puts Eutelsat’s market capitalisation of just €2.10 billion, down 53 per cent over the past 12-months. A five-year […]

October 26, 2023By Chris Forrester

Eutelsat OneWeb constellation connects to 5G

Eutelsat OneWeb, part of the Eutelsat Group, the satellite communications company, has confirmed that its low Earth orbit (LEO) satellite constellation has successfully connected to a 5G mobile network, supporting 5G QoS levels for the first time. This milestone brings super-fast mobile phone connectivity to remote and rural areas one step closer. The achievement of […]

October 19, 2023

FAA concerned over SpaceX space debris

The FAA last week issued a report to the US Congress expressing concern over how the growing number of satellite constellations will dispose of their failed craft and what the FAA says are the risks to human life and property. The report says: “The dramatic rise of non-geostationary satellites, particularly those in low Earth orbit […]

October 11, 2023By Chris Forrester

Eutelsat adds LSE listing

Eutelsat, just hours after completing its merger with OneWeb, has seen its shares listed on the London Stock Exchange (LSE). Eutelsat said in a press statement: “[We are] pleased to announce that its entire issued share capital has today been admitted to the Standard Segment of the Official List of the Financial Conduct Authority and […]

September 29, 2023By Chris Forrester