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.
Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat later this year. Berenberg also believes SES will benefit from a rapidly changing geopolitical landscape […]
AST SpaceMobile has received another boost from an investment bank. Bank of America has given a price target of $55. What’s somewhat remarkable is that the Bank has only included conventional commercial activity for its ‘Direct-to-Consumer’ space-based cellular service. The Bank has left out potential revenues from Defence or Government demands, both expected to figure […]
Elon Musk was somewhat caught out by talking of significant improvements that had been made to SpaceX’s giant Starship rocket. Then the test rocket, which would have become Flight #10, suffered a spectacular explosion June 19th on its test pad. Experts suggest the damage to the test stand itself possibly looks repairable. There is obviously […]
Eutelsat, as expected, will raise €1.35 billion in fresh capital over the next few months. French daily Le Monde summed up the move with its headline, saying: “The French government is stepping in to rescue Eutelsat”. At the end of the cash restructuring process France will hold 29.9 per cent of the operator’s capital, and […]
The European Space Agency (ESA) has a scheme to build and launch a series of satellites capable of capturing extremely high-resolution imaging satellites to be used for European Union military and government uses. The main problem, which emerged at a session held at the Paris Air Show, is the cost of the scheme. Europe’s ESA […]
Charlie Ergen’s EchoStar share price rocketed 43 per cent on June 13th on news that Donald Trump has intervened with FCC chair Brendan Carr over the dispute between the FCC and EchoStar. June 16th saw EchoStar’s share price (Nasdaq:SATS) finish the day at $25.11 (€21.72). A week ago they were $15.99. In a nutshell, the […]
AST SpaceMobile will pay around $550 million (€474.9m) to Ligado for its L-band spectrum over North America. The news was confirmed late on June 13th. The payment will allow Ligado itself to pay the $535 million it owes to Viasat/Inmarsat. The Viasat payment will then see the end of its objections it has over Ligado’s Chapter […]
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 […]
Research: 20% of US adults get news from TikTok
Research: CTV HomeScreen ads capture attention faster
IAB lowers US ad spend projections
Study: US Hispanics watch more genres, co-view more often
Kenya: MultiChoice’s DStv subscribers evaporate
Report: 41% surge in DDoS attack volumes
Starlink readies India launch
NCTA touts cable industry’s economic impact
Data: Red Roses’ success drives big returns for sponsors
Extreme H extends broadcast deal with SPOTV