Abu Dhabi-based satellite operator Al Yah Satellite, which trades as Yahsat, has reported an attractive set of financial results for its H1 trading period (to June 30th). The company has just wrapped its IPO (on July 14th). YahSat says that its Net income for the first half of 2021 was in line with the prior […]

Israel-based satellite networking specialist Gilat reported an impressive set of financials on August 10th and a significant recovery given that in-flight communication travel is only just recovering from the pandemic. Gilat says that its revenues of $56.9 million (€48.6m), represent a 49 per cent increase from $38.3 million in Q2 2020 and up 27 per […]

National Telecom (NT), the former Telephone Organisation of Thailand and TOT Corp, which merged earlier this year, are likely to bid for satellite orbital slots serving Thailand. News emerged that NT would not be bidding for the licences (according to comments from Digital Economy and Society (DES) Minister Chaiwut Thanakamanusorn). Had that decision remained, it […]

A French high court has ruled against Eutelsat in its action against Inmarsat and Inmarsat’s hybrid satellite and terrestrial-based European Aviation Network (EAN).  Eutelsat has had the action running since 2018 and objected to the use of terrestrial ground segment repeaters which it argued did not conform with Inmarsat’s S-band licence from the European Commission. […]

Malaysia’s damaged Measat-3 satellite, which suffered an anomaly back on June 21st, is to be retired and de-orbited. The incident resulted in a complete outage of service and is still under investigation in partnership with Measat’s satellite provider Boeing Satellite Systems. Despite maintaining continuous telemetry and command control of Measat-3, further testing and recovery efforts […]

SES highlighted its “improving trajectory” of Video revenues for the six months to June 30th which were 3.9 per cent down y-o-y at €526 million. SES’s argument is that last year, its lost revenue position for H1 trading was at -8 per cent down. Its Networks division’s underlying revenue of €349 million was flat compared […]

Intelsat’s Q2 numbers saw revenues for the quarter-year to June 30th at $507.86 million (€428m), up 5.4 per cent over last year’s $482.03 million same period. Intelsat is trading as a ‘debtor in possession’ (DIP) while it moves through its Chapter 11 bankruptcy reconstruction. Intelsat’s Media division revenue was $184.2 million (or 36 per cent […]

US multiplay telco AT&T and TPG Capital, the private equity platform of global alternative asset firm TPG, have closed their transaction establishing a new company named DirecTV. This new company will own and operate the DirecTV, AT&T TV and U-verse video services previously owned and operated by AT&T. DirecTV had approximately 15.4 million premium video […]

Madrid-based satellite operator Hispasat, which is now 89.68 per cent owned by Red Eléctrica (REE), earned a net profit of €14.4 million in the first half of this year compared to €0.2 million the previous year. Total turnover was €85.5 million, an increase of 6.7 per cent compared to the previous year, and EBITDA reached […]