Investment bank BNP Paribas has significantly increased its share price target on Eutelsat following the satellite operator’s results on August 5th. The target price jumps from €1 to €2.9, but the bank still advises clients to consider Eutelsat as an ‘Underperform’ stock, despite having the view that its OneWeb division was now “taking off”. The […]
Es’hailSat, the Qatar Satellite Company, continues to leverage its partnership with Space Segment, also known as Total Media Cast (TMC), by renewing Turkey’s A News TV channel as part of its video distribution lineup at the 26° East orbital position, facilitated by the Es’hail-2 satellite. The Es’hailSat satellite footprint strategically encompasses the MENA region, optimising […]
Eutelsat’s OneWeb division saw its revenues grow by more than 84 per cent (€187 million) and now represent about 15 per cent of overall revenue. The numbers emerged as Eutelsat reported its end-of-year results. Total revenues for FY 2024-25 stood at €1.244 billion, up by 2.5 per cent on a reported basis and by 1.6 […]
SES has unveiled its half-year results, and made the most of its new mantra: “Two companies: one mission”, now that it counts Intelsat as part of its portfolio. The results were joined by news from the US government’s Space Force is awarding contracts worth $4 billion to five companies: Astranis, Boeing, Northrop Grumman, Intelsat, and […]
EchoStar’s Dish pay-TV subsidiary has made its contracted interest payments, worth $114 million, to its lenders, and thus has avoided a potential default. The payments were due on July 1st and believed to have been made on July 30th and just within the 30-day limit. EchoStar will issue its quarterly results tomorrow (Friday, August 1st) […]
A study from The Space Foundation says that the global space economy is now worth more than $600 billion (€510bn) with the study saying there is – and has been – a rapid evolution in the space economy. Space spending from more than 50 nations has been analysed to assess how nations and regions are […]
wedotv, the global ad-supported streaming TV network, and Italian digital TV platform tivùsat have expanded their channel distribution partnership to include wedotv’s FAST channel wedotv BIG stories. The platform, which serves all of Italy, Vatican City, and San Marino, is also moving up the EPG slot for wedotv movies for increased visibility. The announcement was made […]
The European Union has sanctioned RTRS, the Russian digital television transmission company, but not RSCC, the state-owned satellite company, which is doing exactly the same thing, claims Andre Lange, who heads up the influential Denis Diderot Committee. In a press release, the European Council announced that the list of new propagandists and entities sanctioned by […]
Italy’s media sector generated over €12 billion in revenue last year, a 4 per cent increase from 2023, according to the annual report of the Communications Authority (AgCom). Television accounted for the majority, contributing 72.8 per cent of the total (€8.8 billion), reflecting a 7.3 per cent growth. This growth was primarily driven by advertising […]
SES has announced the completion of its acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. SES says the newly combined company will “leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around […]