London-based Avanti Communications suffered an all-time low price for its shares on May 5th, falling 8.5 per cent to 9.49p. One month ago the price was 12.56p, although this itself was massively down on its 96p price a year ago. Sellers of Avanti stock were being offered 9.25p for their shares. The collapse in Avanti’s […]
SpaceX will launch BulgariaSat-1 next month on a ‘pre-flow’ (or as SpaceX coyly describe it, “Flight-tested”) rocket that was previously used to launch a group of Iridium satellites back in January. In its statement officials from BulgariaSat-1 say that their launch will happen in mid-June. Maxim Zayakov, CEO at BulgariaSat, said using a pre-flown first […]
SpaceX’s President, Gwynne Shotwell, has denied that the rocket launch company is preparing for an Initial Public Offering (IPO). Reuters is reporting that she has firmly denied rumours of an IPO. SpaceX is backed by billionaire Elon Musk, and he is on record as saying he has no need to raise extra cash for the […]
An Ariane rocket successfully delivered two Thales Alenia-manufactured satellites into orbit on May 4th. The two were carried in a dual launch by Arianespace. They had been badly delayed by a month-long strike in French Guiana which affected all work at the spaceport. Brazil’s SGDC is a dual (civil-military) satellite for the customer Visiona, a […]
Telenor Group has reported falls in both its Satellite Broadcasting and Canal Digital DTH operations during its Q1 trading. Telenor Satellite Broadcasting, the satellite facilities and capacity leasing business, had revenues of NOK227 million (€24.o6m), a fall of NOK10 million compared with Q1/2016 (NOK237 million). Satellite Broadcasting’s operating profit for the quarter year was NOK60 […]
Spanish TV group Mediapro is to distribute Ebs and Ebs +, the two TV channels produced by the European Commission with info and news stories about the EU, via HD satellite. Mediapro will be responsible for the carriage of both signals, the uplink and the management of the satellite distribution, over the next four years. […]
India’s Central Bureau of Investigations (CBI) has said it will proceed with charges against key officials at India’s Space Research Organisation (ISRO) over an alleged fraud and loss of millions. An earlier decision by India’s fraud-busting Enforcement Directorate last June confirmed its view that a deal between ISRO and its commercial subsidiary Antrix, were illegal. […]
India’s Public Accounts Committee (PAC) is demanding action over alleged malpractice by the country’s Department of Space (DoS) in how transponder satellite capacity was awarded to private direct-to-home broadcasters. The PAC state that decisions going back more than 10 years need to be fully investigated. The 22-member PAC is made up of Indian parliamentarians in […]
Western Europe will avoid the curse of cord-cutting – at least for the next five years, according to the Western Europe Pay TV Forecasts report from Digital TV Research. The Western European pay TV market is mature, but, unlike North America, it will still gain subscribers between 2016 and 2022. Although this only represents a […]
US satellite pay-TV broadcaster Dish Network has reported revenue totaling $3.68 billion (€3.37bn) for the quarter ending March 31st 2017, compared to $3.83 billion for the corresponding period in 2016. Subscriber-related revenue for the quarter totaled $3.64 billion, compared to $3.78 billion in subscriber-related revenue for the year-ago period. DISH includes all of its Sling […]