SES has filed its quarterly status report to the Federal Communications Commission (FCC) saying that it has completed “nearly all” of the Phase 1 satellite transitions, and will complete the task by August 31st 2021. Moreover, SES says it has installed approximately 60 per cent of the antenna filters associated with its Phase 1 transition […]
The insider trading allegations against certain Intelsat shareholders and a key member of staff is coming to court in July. A Class Action is being heard in the US District Court (Northern District of California, at Oakland) by Judge Jeffery White. The Action revolves around allegations that Intelsat shareholders Silver Lake Group LLC and BC […]
Judge Keith Phillips, who is overseeing Intelsat’s Chapter 11 bankruptcy reconstruction, has formally confirmed that the trial date for the SES vs Intelsat dispute over FCC payment allocations will start on September 20th. A series of key requirements leading up to that date must also be met, said the Court’s order. Separately, SES is seeking […]
High View, an independent Munich-based media company, has extended its partnership with SES in a new multi-year contract and secured long-term satellite capacity. High View’s Deluxe Music channel will consequently continue broadcasting on SES’s satellites in SD and HD quality at its prime TV neighbourhood at Astra 19.2 degrees East. Reaching up to four million […]
Satellite operator SES has borrowed €150 million by way of new 1.625 per cent Notes. While the sum involved is modest by usual standards, CFO Sandeep Jalan says it further strengthens the operator’s liquidity and “at the lowest yield ever achieved by SES. The successful conclusion of this bond offering reflects the market’s view of […]
SES, in its assorted legal filings with Intelsat’s bankruptcy court, insists that it has sufficient proofs of Intelsat’s deliberate duplicity in how the end-game in the C-band allocation of the FCC’s $9.7 billion payments was managed. SES is asking the court for a Summary Judgement of its claim and the court has scheduled August 19th […]
SES continues with its legal onslaught on Intelsat and a $1.8 billion claim for a greater share of the FCC’s $9.7 million incentive payments, and for punitive damages to be levied by the bankruptcy court on Intelsat. Following on from the formal request for Summary Judgement in its case against Intelsat, SES has issued a […]
Satellite giant SES will not be present in IBC’s Hall 1 this coming December. SES, for the past year or more, has curtailed any non-essential outside activity and depended more or less on Zoom meetings. The IBC decision seems wholly based on Covid worries more than any withdrawal from IBC itself. A source says: “Our […]
SES has joined the Amazon Web Services (AWS) Direct Connect Delivery Partner programme. Through a technical and business review process, AWS validated SES’s ability to connect its customers directly to their AWS services over its network of multi-orbit satellites. This provides SES customers flexible, secure access to their cloud-based applications and services from virtually any […]
An 80-page document from SES, filed on June 16th with Intelsat’s Chapter 11 bankruptcy court, lays out in historical detail why it wants the court to heavily penalise Intelsat for its alleged “wilful and intentional breaching of its fiduciary duties”. SES is asking the bankruptcy court to issue a Summary Judgement in favour of SES […]