Incoming CEO Rodolphe Belmer has revealed that the French commercial group is looking to become the leading free streaming platform for family entertainment and news, both on linear and VoD. Speaking at Series Mania in Lille, Belmer has confirmed a key digital expansion towards free-of-charge streaming. With SVoD service Salto, a joint-venture with M6 and […]
Rodolphe Belmer, formerly CEO at Canal+ and Eutelsat, is to join French commercial PSB TF1 as Director General. The move follows the failure of the attempted merger between TF1 and fellow PSB M6. Gilles Pélisson, currently Chairman and Director General, will propose Belmer’s appointment at the company’s Board meeting on October 27th. On this date, […]
Rodolphe Belmer, who left Eutelsat as CEO at the end of 2021, has abruptly announced he will step down from Atos, the company he joined in January 2022. He will officially leave on September 30th. Atos is a French multi-national information technology business. The company made the announcement of Belmer’s departure just one hour before […]
Back at the Satellite 2017 show, in front of thousands of delegates, Eutelsat’s then CEO Rodolphe Belmer signed a contract with Jeff Bezos for the very first order for Blue Origin’s New Glenn rocket. Eutelsat and Blue Origin, in a statement at the time, said the rocket would be ready “by the end of the […]
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 […]
Rodolphe Belmer, CEO at Eutelsat since 2016, is stepping down. He is joining French multinational information technology and consulting firm Atos as CEO. The move is seen as a probable end to the bid by Patrick Drahi to take control of Eutelsat. The news was broken by Atos on the evening of October 20th after […]
The Paris bourse share market responded exceptionally well to the potential bad news of Rodolphe Belmer’s departure from Eutelsat. In early trading Eutelsat’s share price rose a full 1 percent in early trading to €12.60 and matching its recent peak of €12.60 at the height of the Patrick Drahi unsolicited €3.2 billion take-over bid, and […]
Eutelsat has boosted its shareholding in satellite broadband operator OneWeb. Eutelsat’s stake has been raised from 17.6 per cent to 22.9 per cent and it is paying an additional $165 million (€142.5m) for the investment. Eutelsat is using an option agreed when it invested $550 million in April this year. “Since Eutelsat’s initial investment, OneWeb […]
France’s President Emmanuel Macron was present at an important contract signing at the Elysee Palace between Eutelsat and Nigeria’s GloWorld Globacom telco. The deal saw GloWorld commit to a “multi-year, multi-Gb/s” spectrum contract aboard Eutelsat’s Konnect Ka-band satellite which will be used to supply broadband connectivity to underserved regions of Nigeria. Globacom, trading under the […]
Eutelsat’s end of year report (FY/2021 to June 30th) saw revenues of €1.2 billion (in line with consensus expectations of €1.19bn) and helped by a Q4 trading performance that came in 1 per cent ahead of expectations. Management announced an adjusted free cashflow of €498 million and again ahead of expectations. The results helped Eutelsat […]