London-based satellite operator is up for sale. A statement from the troubled company said it was conducting a wider “strategic review” to explore a number of options including a corporate transaction such as a merger with, or offer for the company by a third party of a sale of the business. Shares in Avanti rose […]
The latest findings from NSR’s Global Satellite Capacity Supply & Demand, 13th Edition indicate a satellite industry in the midst of a sea of change, with choppy waters threatening to overturn operators sticking to the status quo. However, the research firm suggests that blue oceans do offer billion-dollar opportunities for those able to successfully change […]
Jersey-based OneWeb’s plans for a constellation of 700 satellites to provide broadband and Internet is on schedule. According to a report in trade mag Space News the new constellation will have in place its sub-contractors by early August. The preliminary design review has already been concluded. The plan is to have an initial 10 satellites […]
SES considers satellite vital to the success of the future video landscape and provides the answer to delivering high quality video, anywhere, and to any device. This solution is detailed in the new SES White Paper – Satellite Captures the Wave of Video Growth – published at its Investor Days event. The White Paper details […]
Satellite giant Intelsat has an operation underway where it is seeking to repay some of its ‘Senior Note’ debts by an early redemption and at a significant discount to their face value. In total Intelsat is happy to pay up to $625 million in total for a batch of Notes originally due for redemption in […]
London-based speciality satellite operator Inmarsat is to lose its prestigious listing in the important benchmark FTSE 100 listing of top UK registered businesses. Inmarsat will be removed on June 20. Inmarsat’s share price has fallen some 37 percent since early February following news of its tough trading position in its core maritime and government/military client […]
Last week, satellite operator raised €900 million in order to complete the purchase of mini-satellite constellation O3b. At least one investment bank is asking why SES has moved on O3b now, and so soon after the significant profits warning from Eutelsat. “With the Eutelsat profit warning just 2 weeks ago pointing to dramatic change in […]
Satellite operator SES is raising about €1 billion in order to complete its purchase of O3b (a ‘next generation’ satellite constellation serving the ‘other 3 billion’ unserved and underserved broadband users). SES already owns 50.5 per cent, and has made no secret of its intentions to mop up the segment of O3b that it did […]
Canada’s Telesat says it will construct a new Low Earth Orbit (LEO) constellation of Ka-band satellites in order to serve its broadband customers. In April Telesat ordered up a pair of experimental satellites (one from Space Systems/Loral and the other from UK-based Surrey Satellite Technology) to help prove Telesat’s new concept, which is to see […]
Eutelsat Communications and Facebook have selected Hughes Network Systems to supply its Jupiter System as the technology platform for satellite broadband services that both companies are preparing to launch in Sub-Saharan Africa. With the selection of the Juptier System, along with high-gain Ka-band spot beam capacity provided by Spacecom’s AMOS-6 satellite, Eutelsat and Facebook are […]