Advanced Television

Inside Satellite

Chris Forrester

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.

SES shares up 9% on results optimism

SES saw an impressive jump in its share price on August 4th, up 8.96 per cent to €7.07 per share (and at one point hitting €7.13) helped by favourable analyst comments and a general air of optimism backed by solid results. Steve Collar told analysts that the decline in Video division revenues was easing (“flattening […]

August 5, 2021

More salvoes in SES vs Intelsat dispute

Another clutch of legal Motions were filed on August 2nd to Intelsat’s bankruptcy court by both parties in the bitter dispute between SES and Intelsat. Lawyers for Intelsat filed their Motion for the court to dismiss the SES demand for Summary Judgement in the SES claim, which – in essence – is demanding a 50/50 […]

August 4, 2021

SiriusXM prices $2.5bn of fresh debt

North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]

August 3, 2021

India’s ISRO to work with ESA and Israel

India’s Space Research Organisation has confirmed it is in discussions with the European Space Agency (ESA) and Israel’s Space Agency (ISA) on cooperating and identifying projects where the organisations could work together. The Secretary in the Department of Space and ISRO Chairman K Sivan held virtual meetings with DG of ISA Avi Blasberger and DG […]

August 2, 2021

Concerns over Inmarsat LEO fleet

London-based Inmarsat says it is looking at launching its own low Earth orbiting (LEO) constellation of satellites. But there are concerns whether the company has the satellite frequencies needed to place satellites into orbit. Inmarsat is calling the new project Orchestra and is carrying out a market assessment of likely demand but says a fleet […]

July 30, 2021

August sees 3 Intelsat actions in court

Three sets of Intelsat-related court actions will come before the courts during August. August 18th will see the adjourned hearing on Intelsat’s Chapter 11 bankruptcy disclosure statement take place. It will take place at the US bankruptcy court for the Eastern District of Virginia. The hearing will focus on Intelsat’s bankruptcy reorganisation/exit scheme filed before […]

July 29, 2021

FCC issues rural broadband ruling to SpaceX

The Federal Communications Commission (FCC) has told SpaceX – and a few other would-be beneficiaries of its rural broadband largesse – that the cash it is prepared to award cannot be used to serve “parking lots and well-served urban areas”. Michael Janson, the FCC’s Rural Broadband Task Force director, has written directly to SpaceX as […]

July 28, 2021

Bank upbeat on NENT’s Viaplay propects

Analysts at Berenberg Bank have praised Nordic Entertainment Group’s (NENT) Q2 results, saying the broadcaster’s subscription numbers “which stole the show”. While the company’s Q2/2021 sales of SEK3,072 million was in line with consensus, it was the subscriber numbers which impressed. Berenberg said: “The international subscriber outlook for 2021 increased to 500,000 from 250,000 as […]

July 26, 2021

Bank: “BritBox will not succeed”

A report from equity analysts at Berenberg Bank suggests an unclear future for the ITV/BBC BritBox streaming joint-venture. The bank says that Britbox is a “distraction that will not succeed”. The bank’s report makes blunt reading for the BritBox venture. “BritBox trends look weak: While the near-term picture on advertising looks clearly more positive, the […]

July 23, 2021

SES vs Intelsat nears summary judgement

SES has filed various Motions in front of Intelsat’s bankruptcy court ahead of a planned hearing on the SES application for a summary judgement in its case for a 50/50 split of the FCC’s incentive payments. The FCC payments are in respect of the C-band reallocation over the US. Some of the key elements in […]

July 19, 2021