As reported on June 1st SES is restructuring its European locations and staff, retraining some, redeploying some and making others redundant. SES is looking to trim €40-€50 million annually from its costs by 2021 and to “simplify operations and maximise efficiency”. SES plans to close its offices in Brussels, central London, the Isle of Man, […]
SES, as largely expected under its ‘Simplify and Amplify’ cost-savings programme, is to restructure its operations globally. As part of the scheme it will consolidate many of its European offices into its Luxembourg HQ. SES plans to close its offices in Brussels, central London, the Isle of Man, Warsaw and Zurich – redistributing activities in […]
Last October Intelsat made a $50 million “synergistic” loan to BlackSky, owned by Spaceflight Industries. Now it wants the Court to amend the loan obligations and permit certain sales plans to proceed despite the bankruptcy. Spaceflight describes itself as a ‘next generation’ space company with launch facilities, and its BlackSky division specialises in images from […]
SES currently has two core deployments of satellites: It has a fleet of powerful geostationary satellites that just about serves the whole planet. It also has 20 O3b (‘the Other 3 Billion’) satellites in Medium Earth Orbit, with seven new ‘super-power’ O3b satellites on order from Boeing, with deployment starting in 2021. The O3b fleet […]
India’s Yes Bank has acquired a 24.19 per cent stake in Essel Group’s DTH giant Dish TV India. “Shares have been acquired on invocation of pledge of shares in a one-time transaction,” stated the bank in a release. Reportedly, Dish had used a 44.53 per cent equity stake as collateral with the bank against loans. […]
Abuja, Nigeria-based OurTV, which focuses on free-to-air TV channels, has launched a DTH bundle using NigComSat-1R. Viewers need to buy a suitable set-top box and install a dish but there are then no charges or fees for viewing. The box has PVR and IP functionality and is capable of handling OTT services. The bundle includes […]
Intelsat says it is committed to an accelerated process to clear C-band frequencies over the US in accordance with the FCC’s plan to speed the adoption for 5G. The FCC’s deadline for the accelerated scheme is May 29th. “As the foundational architects of satellite technology and leading experts of integrated communications technologies, Intelsat is committed […]
A report to clients from investment bank Berenberg says that Eutelsat’s cash-flow stability remains undervalued and underappreciated. It has issued a “BUY” note to investors and gives a target price of €13,30 (Eutelsat’s current share price is about €9.25). Berenberg says Eutelsat’s core broadcast business – representing over 60 per cent of revenues – remained […]
A white paper from satellite operator AsiaSat argues that C-band is not the correct band to support the key performance indicators (#KPI) promised by 5G. In the white paper – titled Choosing the Right Spectrum for 5G – Hai Hu, Senior Communications Systems Engineer, AsiaSat, notes that higher data rates, ultra-low latency and massive machine-type […]
Nova, a provider of bundled home entertainment and communication services in Greece, has renewed its agreement with Discovery. The agreement renewal ensures that Nova subscribers will continue to have access to popular channels from Discovery’s portfolio including Eurosport 1, Eurosport 1 HD, Eurosport 2, Discovery Channel, Animal Planet, Discovery Showcase HD and Travel Channel. At […]