Hong Kong-based AsiaSat, which is in the process of being taken private, in announcing its latest half-year numbers, says revenues fell 5 per cent [from HK$730 million (€83.28m) to HK$693 million] from the same period last year, and said: “The impact of continued pricing pressures from capacity oversupply in some key markets and increased competition […]
Sir Richard Branson’s Virgin Orbit company is suing OneWeb for $46.5 million alleging that the satellite mega-constellation company has filed to pay agreed cancellation charges for orbiting some OneWeb satellites. OneWeb had allegedly signed a contract with Virgin to use Branson’s business for 35 launch flights on its Virgin LauncherOne rocket. Virgin’s contract, signed in […]
It seems that the glory days at Egyptian Satellite Nilesat are well and truly over. Revenues and profits are down during the first half of the year. Profits fell 12.2 per cent y-o-y at just $23.81 million (€26.59m), compared to $27.12 million in the same period last year. Revenues tumbled from $73.39 million in 2018 […]
The latest study from Paris-based market researchers Euroconsult says that over the next 10 years, the so-called ‘smallsat’ market will grow in value (for the build and launch) to be worth almost $49 billion (€54.72bn) by 2029, quadrupling in size, and represent some 8,600 craft. Broadband satellite-based communications should witness the strongest growth with close […]
Indian pay-TV giant Dish TV had a solid day on the Bombay stock exchange August 7th, rising almost 5 per cent, and helped by numerous reports that an expected merger with rival Bharti Airtel Digital TV was very much on track. Most reports suggest that Airtel/Warburg would end up with some 20 per cent of […]
Samsung and KT (the former Korea Telecom) report they have successfully trialled broadcasting 8K signals using Ka-band frequencies from Korea’s Cheollian satellite and then re-transmitted the images terrestrially. The pair say they used H.265 compression and DVB-S2x as the transmission method, and decoded the signals in HDMI real time and fed into a Samsung 82” […]
The failure investigation board that’s looked into the problems which occurred on Intelsat’s I-29e satellite – which was lost in April and was valued at $381.6 million – has concluded that an “electrostatic discharge aggravated by a harness flaw on the spacecraft, or a micro meteor strike”. Intelsat says: “The failure review board concluded that […]
Eutelsat CEO Rodolph Belmer told analysts July 31st during the company’s end of year results that Eutelsat would be relocating its Paris HQ. Any such move is subject to the usual financial and logistical considerations, but in France this type of operation is also subject to rules and regulations. A company statement added: “We will […]
Paris-based Eutelsat says it is still suffering from a challenged operating environment which continues to weigh on the revenues of its core businesses. At June 30th 2019, the total number of channels broadcast by Eutelsat satellites stood at 7,092, up 2.4 per cent year-on-year (+3.9 per cent excluding the disposal of EUTELSAT 25B). HD penetration […]
Ultra DTH has signed a multiyear, multi-transponder agreement with Eutelsat Americas, a subsidiary of Eutelsat Communications for capacity on the Eutelsat 65 West A satellite to support the launch of a white label DTH platform across the Caribbean and the Andean region. Ultra DTH will leverage Eutelsat 65 West A’s exceptional Ku-band coverage to reach […]