Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.
Intelsat’s bankruptcy court ordered that a mediator be appointed to try and find more common ground between the disputing pair. That has now happened. SES and Intelsat informed the court on May 11th that the two litigants met on April 29th and agreed both the appointment and scope of the referees authority. The two parties […]
Eutelsat will report Q3 results after the market closes on May 11th. Analysts are not expecting too many surprises and most of Eutelsat’s key revenue divisions will be in negative territory other than Fixed Broadband. Investment bank Exane/BNPP, in a note to clients, says they expect group revenues from Eutelsat’s operating verticals to decline by […]
Jeff Bezos’ Blue Origin/New Shephard rocket is scheduled to carry its first space tourist passengers on July 20th. The move means that Sir Richard Branson’s Virgin Galactic will now be a very definite second place in the race to tap into space tourism. A note to clients from investment bank UBS says that Virgin Galactic […]
The first-quarter results from satellite operator SES were buoyant, and helped by a commitment to buy in €100 millions-worth of its own shares for cancellation helped boost SES’s share price by almost 10 percent. At the end of the day the shares were up 9.3 per cent to – a still miserable in some eyes […]
Jeff Bezos is offering a seat on the debut passenger launch of Blue Origin’s New Shepard rocket. Those interested can bid for the solitary place. The flight is scheduled for July 20th and will be a globally publicised event, such is its importance. Blue Origin said: “We are offering one seat on this first flight […]
Eutelsat’s CEO Rodolphe Belmer has explained in some detail why it made its move on OneWeb. Last week it announced it would place $550 million into OneWeb in return for a 24 per cent shareholding. The 24 per cent stake puts Eutelsat at an equal level as the two existing investors. Eutelsat will have 3 […]
This week Eutelsat confirmed it would invest $550 million in broadband constellation OneWeb in return for a 24 percent stake in OneWeb. Ratings agency Fitch has given a “BBB” rating for Eutelsat with a “Stable Outlook”. The ratings report comes as investment bank Exane/BNPP also slightly modified its view of the deal, saying: “This initial […]
Jennifer Witz, pay-radio broadcaster SiriusXM’s CEO, told analysts that the business was the most profitable audio company in the world, and that SiriusXM had achieved record low Q1 churn (of 1.6 percent) and helping revenue growth of 5 per cent and EBITDA up 7 per cent. “This was the highest single quarter EBITDA figure in […]
Eutelsat is taking a 24 per cent stake in OneWeb. Eutelsat’s fresh cash values OneWeb at $2.3 billion. However, Eutelsat is paying a significant premium to enter OneWeb. When the UK government and India’s Bharti Global invested their cash into OneWeb they placed their $500 million into the business and received 42 per cent of […]
NENT’s Q1 results were above consensus expectations, apart from its Viaplay OTT service. According to investment bank Berenberg, the Nordic Entertainment Group’s operating margin of 7 per cent was also materially above expectations, leading to a significant outperformance at the EBIT level. The miss on Viaplay net sales was due to average revenue per user […]
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