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.
A timely note to clients from investment bank BNPP/Exane looks at the potential media-related winners and losers impacted by the latest Covid variant. The bank says that while there are justifiable fears from the new variant, there will inevitably be media businesses that are impacted, some with good news, and others not so likely to […]
India’s Department of Telecom (DoT) has said that Elon Musk’s Starlink broadband-by-satellite service is not licensed by India and the public should not subscribe to services. Local media says that Starlink Internet Services are already being advertised in the country. The DoT has also asked Starlink to comply with India’s regulatory framework for offering satellite-based […]
SES, in a motion submitted to Intelsat’s bankruptcy court, alleges that Intelsat is continuing to “disregard” the role and importance on Intelsat US as the rightful recipient of the FCC’s C-band incentive payment of more than $4 billion (€3.55bn). The problem – which the bankruptcy court has yet to rule on – is the dozens […]
SES says it has received validation from the FCC in regard to the satellite operator’s Phase I C-band clearing obligations. It means that SES will receive $1 billion (€0.89) in an incentive payment from the FCC during the next few months. There’s another almost certain $3 billion due to be paid by the end of […]
Quilty Analytics, in its latest quarterly ‘state of the industry’ report, quotes recognised satellite business leaders expressing their concerns on the risks to commercial space – and specifically LEO – and the launching of potentially tens of thousands of satellites. Quilty references three leading executives (Viasat’s Mark Dankberg, SES’s Steve Collar, and Steve Spengler, the […]
Earlier this month ITV unveiled its Q3 numbers with analysts praising the broadcaster for a much stronger than expected advertising take up and anticipating an advertising increase of around 24 per cent by the end of the trading year. But Britbox, the ITV and BBC-backed OTT service, could be in trouble. Analysts from investment bank […]
Intelsat’s lawyers filed a revised Reorganisation Plan from its Chapter 11 bankruptcy into the court on November 19th. Intelsat and its associated businesses have debts of some $15 billion that it is seeking to halve. While this is a considerable sum it is modest when compared to the likes of Enron’s bankruptcy ($63 billion back […]
Elon Musk’s next-generation Starship is truly huge. Images give just an impression with humans dwarfed by the rocket. Elon Musk says its first launch could take place as soon as January provided that the scheme receives a Federal Aviation Authority (FAA) licence. Musk was talking to delegates at National Academies’ Space Studies Board and Board […]
In truth, Intelsat’s bankruptcy has been criticised by investors and creditors since Day One of its Chapter 11 process. But November 17th saw a slew of extra motions tabled and due to be heard on December 2nd by the court. In essence, the documents call for Intelsat’s Amended Exit Plan to be rejected. Most of […]
November 16th saw Eutelsat’s share price crash 5 per cent and SES suffer a 2 per cent fall on the day. In the US Viasat and Loral both fell 3 per cent with Echostar and Iridium falling 2 per cent. Asian satellite shares also fell. The reductions were seen as being “excessive” according to analysts […]
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March Madness free in 40+ countries on DAZN
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Report: Satellite connectivity enters Post Capacity Era