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.
The post-results analysts call with SES senior management focused on two topics: The possibility of another C-band release of spectrum to the FCC and the state of the Intelsat $3.1 billion (€2.9bn) acquisition by SES and what the consequences would be if one of the parties walked away from the deal. The FCC is holding […]
The launch of two giant rockets will take place over the next few days. February 28th will see Elon Musk’s SpaceX launch its massive Starship rocket on its eighth test flight from its South Texas launch site. Meanwhile, in French Guiana, Arianespace’s new Ariane 6 rocket is now scheduled to launch its first commercial flight […]
Satellite manufacturer Terran Orbital, now owned by Lockheed Martin, is facing a Class Action brought by law firm Levi & Korsinsky (and others) and recently an amended complaint was filed in the Action. In essence, the complaint alleges that Terran Orbital Corp. made materially false and/or misleading statements and/or failed to disclose that: (i) it […]
February 19th saw the New Zealand-based Rocket Lab, founded by Sir Peter Beck, launch its 60th Electron mission. The company specialises in launching smaller satellites, and its record to date is extraordinarily impressive. Electron is already the world’s most frequently launched small rocket annually. “Now we’re making it the world’s first reusable orbital small rocket […]
It’s not been a good month for European satellite operators. Recent weeks have seen Paris-based Eutelsat suffer negative comments and a much-depressed share price. Now it is Luxembourg’s SES which is hurting. Ratings agency Moody’s cut its outlook on SES to “negative” (from “stable”) and that the operator’s long-term debt (rated Baa3) would be “under […]
Analysts at investment bank BNP Paribas have issued their thoughts on satellite operator Eutelsat’s current predicament and have advised clients that their rating on the Paris-based business is ‘underperform’ as far as shareholders are concerned. But worse, in that the bank’s Sami Kassab, in the past a supporter of satellite stocks, has issued a target […]
Within minutes of Eutelsat releasing its half-yearly results on February 14th a major sell-off by shareholders occurred, and drove Eutelsat’s share price down to another ‘all time low’ of just €1.39 a share, and a 11.4 per cent fall on the day. A week earlier they were trading at about €1.80. A month ago, they […]
Investment bank BNP Paribas hosted a low Earth orbiting ‘expert event’ with Dr Tim Farrar, an acknowledged expert on the satellite sector and Direct-to-Device (D2D) services in particular. Farrar argued that Elon Musk’s SpaceX/Starlink service, although embryonic today, are some “18 months ahead of competitors on D2D and that by the end of the year […]
On the same week that analysts at Cantor Fitzgerald issued a favourable forecast for AST SpaceMobile, and helped by an advert at the February 9th Super Bowl, it emerged that AST does not need quite so many satellites to serve North America, pushing its share price up by 17.5 per cent to $31.14 per share. […]
The USA’s United Launch Alliance (ULA) is bringing forward the launch of its debut Kuiper-1 mission (officially its KA-01 launch). This will be the first operational launch for Amazon’s giant Project Kuiper mega-constellation, and it is expected to launch in the next two months aboard an Atlas V 551 rocket. This will be the first […]
Ofcom: “BBC should play to its strengths”
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Paramount+ partners with Arsenal
BBC Sport agrees La Liga digital clips deal
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ESA secures €22bn in funding
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