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.
Investment bank Cantor Fitzgerald, in a report on New Zealand and Long Beach-based Rocket Lab, has raised its price target from $29 to $35. Cantor Fitzgerald analyst Andres Sheppard raised the firm’s price target on the NASDAQ index and keeps an Overweight rating on the shares after hosting meetings with management. The firm sees Rocket […]
Eutelsat’s new CEO, Jean-François Fallacher, is “racing” to secure fresh funding in order to save OneWeb according to Bloomberg. The constellation of low-Earth orbit (LEO) satellites is seeking to challenge Elon Musk’s Starlink and the upcoming Jeff Bezos-backed Project Kuiper LEO system. The industry expects Fallacher to be successful. “After all, why would he have […]
Starlink has enjoyed considerable positive press these last few days, notably winning operating licences in India and South Korea, for example. But pilots flying some of United’s aircraft fleet are not so pleased. United Airlines has had to disable Starlink transmissions for its passengers on some flights because of interference to the aircraft’s normal operating […]
South Korea’s Hanwha Systems is selling its shares in Eutelsat (equal to a 5.4 per cent stake) for a reported €78 million ($85m). Citi Bank says the shares are on offer at just €3, which is some 13.9 per cent below Eutelsat’s current share price. The move makes a 74 per cent loss for Hanwha […]
Earlier in May the FCC launched a review into EchoStar’s compliance with certain 5G wireless coverage obligations (as part of their efforts to build the fourth national wireless network in the US) and raising questions about the buildout extensions granted in September 2024 and EchoStar’s utilisation of 2GHz mobile-satellite service (MSS) spectrum. EchoStar has filed […]
The SmallSat Europe conference at the RAI Congress Centre in Amsterdam heard speaker after speaker express anxiety over the planned European IRIS2 mega-constellation. The project, which will eventually bring together low Earth orbit, mid-Earth and geostationary satellites in a global ring of craft with ultra-secure communications, is looking extremely fragile if the event’s speakers are […]
Starlink subscribers around the world pay anything between $120 (USA), A$139 (Australia), €49 (average in Europe) and Ksh 6500 (in Kenya). But SpaceX has a major dilemma in setting its pricing structure in India. Not only is India a market with plenty of established cellular competition, but also vigorous competition from Eutelsat’s OneWeb and RelianceJio/SES, […]
Elon Musk’s previous comments that South Africa’s government was allegedly “racist” were raised during the tense meeting between President Trump and President Cyril Ramaphosa in the White House last week. Musk was present during the meeting but did not speak. South African billionaire Johann Rupert did speak and moved to quell tensions with remarks that […]
The upcoming launch of SpaceX’s giant Starship has been approved by the Federal Aviation Authority (FAA). The FAA has examined SpaceX’s history on the anomaly which led to the loss of Starship #8 and has now cleared Flight 9 for launch. “The FAA conducted a comprehensive safety review of the SpaceX Starship Flight 8 mishap […]
AST SpaceMobile (AST) is expected to launch the first of its giant ‘second generation’ BlueBird satellites in July, and eventually will have around 250 satellites in orbit and will provide global direct-to-cellular and other broadband services. Bankers are getting increasingly enthusiastic about the company. Deutsche Bank, for example, in one of its ‘Stocks in Focus’ […]
Channel 4 “fastest-growing major streamer among adults”
Netflix, Sony Pictures sign Pay-1 deal
France Télévisions unveils digital first strategy
Spain: La Liga returns to FTA TV
Cloudflare acquires Human Native
Mediapro set for major restructuring
CNBC launching German-language news service
Telenor, KAON, ADB launch T-We Boks III STB
Sánchez appointed FORTA President
Arrest in Denbigh pirate IPTV case