Charlie Ergen, co-founder of Dish Network and the EchoStar family of business, might just have badly timed his latest venture. Analysts at MoffettNathanson (MN) aptly described Ergen’s position a “petri dish” of challenges, saying that Ergen’s entry into the pre-paid wireless business would have been challenging even under the best of circumstances. These aren’t the […]

Last week Eutelsat issued an update to its guidance for the year and in particular noting the impact of the Coronavirus, and announcing a 30 per cent cut in its annual dividend. Analysts at Berenberg Bank have now crunched the new information and in an April 14th note say that the effects of the update […]

India’s Telecom Regulatory Authority (TRAI) media regulator wants the nation’s cable MSOs and DTH broadcasters to ensure that digital set-top boxes support interoperability. TRAI says that it is likely that India’s Ministry of Information & Broadcasting will insist on such functionality on its rules and regulations and incorporated in future licensing. TRAI adds that its […]

Eutelsat has downgraded its trading guidance for the rest of this year and its next financial year (starting July 1st). The news followed a Board Meeting on April 9th and was largely blamed on the Coronavirus. The satellite operator is also trimming its annual dividend by 30 per cent even though it isn’t due to […]

Hong Kong-based AsiaSat celebrated its 30th birthday on April 7th. CEO Roger Tong thanked staff and clients for their work and support over the period. But he admitted the current position during the economic decline was tough. “During the second half of 2019, AsiaSat completed its strategic initiatives in privatising the company and delisting the […]

Skyline Communications has announced that its AI-powered DataMiner NMS/OSS platform has been deployed by SES, a leader in global content connectivity solutions that provides satellite communications services to broadcasters, video platform operators, content and internet service providers, mobile and fixed network operators, governments and institutions. DataMiner connects to any source of information, product, software system […]

SES held its Annual General Meeting (AGM) on April 2nd in Betzdorf, Luxembourg, in which all resolutions were approved by shareholders. The meeting was held based on the rules set out in the Grand Ducal Regulation of March 20th with shareholders participating remotely by appointing SES designated proxyholders to represent them at the meeting and […]

Hong Kong-based (but Bermuda registered) APT Satellite Holdings share price has tumbled 32 per cent in the past month and not helped by reporting a 14 per cent fall in revenues for 2019. APT, which operates the APSTAR fleet, reported HK$1.06 billion in revenues (€125m) with profits falling 28 per cent to HK$362.3 million. APT […]

A report from specialist observers Seradata says that Venezuela’s VeneSat-1 is tumbling in an unusable orbit and may not be recoverable. VeneSat-1 – also known as Simon Bolivar – was built by China Great Wall Industry Corp and launched in 2008 with a 15-year anticipated lifespan. It has been in difficulty for at least 10 […]