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.
One year ago, and when Intelsat’s share price was at a pretty miserable $3 a share its prospects were far from good. Burdened by a massive debt load, it was no surprise that the sharks were circling. Yesterday, Intelsat’s share price ended a whisker away from $20 (and with a 26.8 per cent rise at […]
The BBC told a London conference June 19th that OTT transmissions were the way forward, and certainly for its few and far between Ultra HD broadcasts. The BBC is making available UHD signals via its iPlayer service of the current FIFA World Cup football matches, but declined to give any idea as to the numbers […]
Investment bank Berenberg held its London satellite conference last week and in a comprehensive report stated that the event presented “an upbeat outlook for the industry”. “The emphasis at our satellites conference was on data, rather than on video, with all participants in agreement that the demand for bytes is huge, and that the satellite […]
In January, a new company, US-based Swarm Technologies, launched 4 tiny satellites (‘Space Bees’) each barely larger than a slice of bread. The FCC told Swarm in December last year that they could not launch the satellites from the US until such time that the company had coordinated their transmission frequencies, and specifically that the […]
Last week, EchoStar of Denver made an unsolicited bid for London-based Inmarsat. Inmarsat said the terms on offer “very significantly” undervalued the business. Inmarsat added, not unsurprisingly, that it remained highly confident in its strategy and future prospects, which is – no doubt – precisely why EchoStar made its bid. A year ago, Inmarsat’s share […]
The amount that was being bid by Charlie Ergen’s EchoStar for Lon don-based satellite operator Inmarsat is not known. What is known is that Inmarsat strongly rejected the amount on the table. A detailed note from equity analysts at investment bank Jefferies suggests that Inmarsat should be holding out for at least £11 per share […]
Intelsat issued a “Shelf Registration Statement” with the Securities & Exchange Commission last week, along with an updated prospectus. There was no specific amount mentioned, or any clue as to when (or if) the document will be effective. Intelsat, within the filing, says it “may” use the prospectus to offer “from time to time” new […]
Work on so-called ‘smart cities’ is happening around the world, and one suggestion is to use LED lighting as a substitute for WiFi or 5G in cities equipped with ‘smart’ street lights. The concept is simple, although whether it will catch on in the face of widespread WiFi and development of 5G connectivity is another […]
While Elon Musk might be having a few challenging problems with his Tesla car company, he seems to have no problems at all with his privately-held SpaceX rocket launch business. SpaceX is currently held 54 per cent by the Elon Musk Trust (but with 78 per cent voting control) but with investment stakes from Google […]
Intelsat enjoyed another impressive day on the NASDAQ stock market on May 31st. Intelsat saw its share price jump a phenomenal 17.2 percent by midday, which means it has improved some 33 per cent since May 1st, and one cynic commentator praised the satellite operators hiring of Juan Pablo Cofino as its new VP for […]
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