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 potential problems over Ukraine and the probability of much wide trade sanctions against Russia could impact ‘Western’ media and communications companies, says a note to clients from investment bank Exane/BNPP. The impact could also extend to the video games industry, says the bank. Of particular interest are the relationships that satellite operator Eutelsat has […]
The ongoing legal process between Devas Multimedia and India’s State Research Organisation (ISRO) has suffered something of a set-back in a Canadian court. Devas Multimedia has won numerous actions against ISRO and its commercial arm Antrix in its claim for $1.2 billion already awarded by the International Chamber of Commerce (ICC) and confirmed by the […]
The FCC has approved Intelsat’s exit from Chapter 11 bankruptcy and the transfer of the ‘old’ company’s ‘debtor in possession’ (DIP) assets to the newly established parent business based in Luxembourg. The FCC’s International Bureau chief Thomas Sullivan said the transfer was in the public interest and approved the request. The FCC ruling explains the […]
The SES vs Intelsat 50/50 trial over FCC C-band incentive payments has finished its initial examination and cross examination of witnesses. Far fewer witnesses were called by either party and consequently the hearings lasted just 6 full days instead of the 10-12 initially expected. Judge Keith Phillips ruled that both parties must submit their “findings […]
The hearing of the litigation between SES and Intelsat in front of Judge Keith Phillips is now well into its second week. The dispute concerns the division of FCC ‘incentive’ payments. SES is claiming 50 per cent of the FCC’s allocation of payments, plus damages against Intelsat.. One of the many Intelsat lawyers on the […]
A major Joint Venture from Reliance Jio, the giant Indian telco, and satellite operator SES, which will see Jio use the SES capacity for broadband connectivity for its Indian customers. Investment bank Exane/BNPP says the move is a major endorsement for SES and in particular its mPower fleet of satellites. The bank says: “The endorsement […]
Elon Musk is considering shifting the giant SpaceX Starship development and testing work from its current Texas base to Florida. Musk’s worry is an ongoing environmental review being undertaken by the Federal Aviation Administration (FAA). The FAA is expected to deliver its verdict on Starship testing by February 28th, and which – if favourable – […]
NASA, by and large, has a cordial relationship with Elon Musk’s SpaceX rocket business. The space agency is a major client for SpaceX and an enthusiastic supporter where it has committed millions of dollars to SpaceX for its launch system and rocket connectivity to the International Space Station. But now, it is complaining about Starlink. […]
The 50/50 legal action between SES and Intelsat continues. SES, in a statement, reminded interested parties as to its claims and core argument. SES originally sought $421 million in direct compensatory damages as well as punitive damages for a total claim of about $1.8 billion. Under a settlement related to Intelsat’s exit plan from its […]
Steve Collar, CEO of SES, told the SES vs Intelsat trial currently taking place that he trusted and liked Intelsat’s CEO Steve Spengler. “He was a good guy. I liked him, and I trusted his assurance that [the 50/50 revenue agreement] between SES and Intelsat was solid,” said Collar. He told the court that it […]
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