fuboTV this week announced it will be acquiring sports betting and interactive gaming company Vigtory, significantly advancing the development of Fubo’s nascent wagering strategy. Terms of the deal were not disclosed, and the transaction is expected to close sometime in Q1. Investment bank Berenberg issued a note to clients said that while in the past […]
Investment bank Berenberg, in its previews of media stocks for 2021, is downbeat on satellite operator SES. It is maintaining its ‘SELL’ advice to clients and gives a guide price for SES shares of just €6.80 per share. The bank downgraded SES last year and says it remains of the view that consensus forecasts will […]
SES, which is suing Intelsat with a $1.8 billion claim and due to go to trial in June, is looking to bring testimony from Ottawa-based Telesat into the dispute. At the heart of the legal dispute between SES and Intelsat is an argument over Intelsat’s handling of an alleged 50/50 agreed division within the C-Band […]
The demand for the FCC’s allocation of new spectrum in its current Auction 107 has been staggering. The bids and the auction have resulted in the highest-ever payments being made for spectrum. More than $80 billion has already been tabled in gross payments, and the process fully enabled by the satellite industry freeing up their […]
Intelsat has ordered up two new satellites to serve its recently acquired Gogo commercial aviation in-flight service. But Intelsat/Gogo faces continued challenges from Viasat which has announced a major airline contract which damage revenues from the existing Gogo service. Viasat says it has won a contract to equip more than 300 Delta Airlines with its […]
The specialist insurance companies who provide launch and ‘in use’ cover for satellites have had another disastrous year. One report says that space insurance underwriters have had their third year of reporting losses despite increases since 2019 of premiums to cover key aspects of the launch and periods in orbit of satellites. Space Intel Report […]
While the Christmas Eve signature on the exit agreement between the UK and the European Union grabbed most of the headlines, the fact is that the Christmas to New Year period saw a number of other announcements made concerning future trade deals and agreements. Cynics might argue that the news had been buried by the […]
It seems there are very few bidders for AT&T’s pay-TV assets, which includes DirecTV. Reports suggest that AT&T has allowed its deadline to slip into January to allow other potential bidders to enter the process, but it is also suggested that unless it receives better offers it might cancel the auction altogether. As far back […]
At the beginning of this sorry excuse for a year I wrote that predictions were difficult, but I would have a go anyway. Hands up, writing in early January, I didn’t foresee a global pandemic coming along to screw with our lives, companies and economies. At least I wasn’t alone. Has such an unprecedented event, […]
The rivalry between SES and Eutelsat to win DTH homes in Ethiopia seems to be going firmly in favour of SES. In a statement, SES said that on January 1st “the majority” of satellite TV channels beaming to Ethiopia will be carried from 57 degrees East. “To continue accessing their favourite TV channels on Ethiopia’s […]