Advanced Television

Inside Satellite

Chris Forrester

Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.

Longest day, shortest night for SES

On June 21st, satellite operator SES is holding its ‘capital market day’ and in the process attempting to explain recent events as to its miserable share performance, and how it hopes to restore investor confidence.  SES’ share price has tumbled 37.58 per cent over the past year, and is now trading at a mere €19.25. […]

June 20, 2016

Eutelsat “more upbeat” at Investor Conference

Eutelsat’s CEO Rodolphe Belmer appeared at the Exane/BNP-Paribas CEO Conference in Paris this week, and his presentation saw an “improving tone… [and] more upbeat” following on from its Q3 profits warning which had a severe impact on the satellite operator’s share price. According to the investment’s bank equity analyst Sami Kassab, Belmer reported his expectations […]

June 17, 2016

Musk “wake up call” to Europe’s space industry

Elon Musk’s SpaceX company is enjoying considerable success launching – and then landing – his reusable rockets into space. They frequently carry valuable communications satellites for Europe’s SES and Eutelsat, and in doing so take valuable revenues away from Europe’s near-moribund Arianespace launcher. The success of SpaceX has, according to Jean-Yves Le Gall, who used […]

June 13, 2016

Sigh of relief at Sky Deutschland

The news that Sky Deutschland has won the pay-TV broadcast rights for the 4 out of the 5 potential Bundesliga DFL football packages delivered a “strongly favourable outcome” for the broadcaster, observers agree. Moreover, the structure of the auction, which awarded the 5th group of games to Eurosport, was seen as being very beneficial to […]

June 10, 2016

Meltdown for satellite stocks

Who would invest in satellite operators? Each of the ‘big three’ (Intelsat, SES and Eutelsat) have suffered massively from the downturn in satellite sentiment. Other operators have not been immune from these downward shifts. London-based Avanti, always a mercurial stock, hit an all-time treading ‘low’ of just 62p on June 6th, having fallen spectacularly from […]

June 7, 2016

FCC auction could top $100bn

The FCC’s latest spectrum auction has something of a twist, in that current holders of valuable spectrum can sell off unwanted bandwidth in the auction. Nevertheless, the FCC is expecting another set of records will be broken and observers have suggested that anything between $60-$100 billions-worth of bandwidth will be re-allocated as ‘old’ TV broadcast […]

June 3, 2016

Intelsat “early tender” over-subscribed

Satellite giant Intelsat has an operation underway where it is seeking to repay some of its ‘Senior Note’ debts by an early redemption and at a significant discount to their face value. In total Intelsat is happy to pay up to $625 million in total for a batch of Notes originally due for redemption in […]

June 2, 2016

O3b buyout: “Why the rush?”

Last week, satellite operator raised €900 million in order to complete the purchase of mini-satellite constellation O3b. At least one investment bank is asking why SES has moved on O3b now, and so soon after the significant profits warning from Eutelsat. “With the Eutelsat profit warning just 2 weeks ago pointing to dramatic change in […]

May 31, 2016

DirecTV wants ‘direct-to-car’

Many of us spend far too long in our vehicles but AT&T, which now owns pay-TV operator DirecTV, says it wants to beam a portfolio of channels and content into its subscriber’s vehicle. While drivers – and their families – can already access some live entertainment programming from their ‘smart’ devices via cellular links, Chris […]

May 27, 2016

Massive threat to satellites over India

Indian Space Research Organisation (ISRO) is looking at a new proposal which would require all DTH broadcasters to use one ISRO-built satellite. If carried out, the move would eliminate non-Indian satellite operators from beaming their signals into India. ISRO licenses all DTH channels, irrespective of whether they use ISRO satellites of those from foreign providers […]

May 26, 2016