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.
Comments made last week suggest that music streaming service Pandora could be lining up for a sale/merger. This is by no means the first report that Pandora might end up fully in the hands of one of its major investors Liberty Media (where Liberty has a 19 per cent stake), or another Liberty Media-backed broadcaster, […]
The Federal Communications Commission (FCC) has rejected Eutelsat’s application to exploit the 133 degrees West orbit position over the USA, and has awarded rights to the slot to Intelsat. The FCC says that Intelsat was the first operator to file an application [with the FCC] to use the position. Intelsat already has a smallish satellite […]
Equity analysts at investment bank Exane/BNPP held a meeting with Eutelsat’s Investor Relations team on May 20th and while little that was new emerged from the discussions, the satellite operator emphasised some key elements. Top of the list was that in its all-important ‘Video’ division, transponder prices “are stable to growing,” according to the bank’s […]
Satellite operator Intelsat is leading a charge to see some of its C-band capacity used to help speed up 5G deployment in the US. Comments made by CEO Steve Spengler at J P Morgan’s Global Technology, Media and Communications conference in Boston have helped Intelsat’s share price drive to modern record high values. May 17th […]
The fallout from Eutelsat’s disappointing Q3 numbers, released May 14th, continue to reverberate. Indeed, while the results themselves were simply flat, one analyst now says they were “struggling to pick out any positive trends with any of [Eutelsat’s] main operating segments”. The equity analysts at Berenberg Bank add that the market’s focus on Eutelsat’s “Other” […]
Eutelsat saw its share price crash a massive 13.57 per cent, €2.49, to just €15.93 in volatile trading May 15th, following what was a profits warning from CEO Rodolphe Belmer. Indeed, during the trading session the fall was even more severe (to €15.27) from the previous day’s €18.42 price which represented a 52-week ‘Low’ for […]
With Liberty Global now busy concluding its huge asset sale of cable TV interests in Germany and Eastern Europe to Vodafone, it’s time to consider what might be next for John Malone’s voracious appetite for potential assets. While still very much a ‘rumour de jour’, it is ITV that – one way or another – […]
Hopes are high that Paris-based Eutelsat will today (May 14th) unveil its Q3 results and perhaps, just perhaps, there will be a little top-line growth. That’s the view from equity analysts at investment bank Exane/BNPP, who suggest that after seven consecutive quarter-year statements which reported declines, they expect today’s numbers to show a modest 0.3 […]
Speaking during a post-results call with industry analysts, Charlie Ergen (founder/chairman of Dish Network and EchoStar) is backing how satellite could help the deployment of 5G services. While initially focused on the US, he also said that combining Dish with EchoStar, “as they used to be” was also possible. Dish TV has just under 11 […]
London-based satellite operator Inmarsat has suffered a 60 per cent shareholder rebellion over its CEO’s pay. Rupert Pearce received £1.9 million in total compensation last year, and shareholders were complaining that the reward was hardly commensurate with a tumbling share price and profits under pressure. Today’s share price is around £3.78, but a year ago […]
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