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.
These are troubled times for Intelsat. February 25th saw further dramatic falls in its share price on the New York Stock Exchange despite reporting that it had appointed Guggenheim Securities to make a complete examination of its financing structure. On February 22nd its share price tumbled from $2.93 to $2.54, although it recovered somewhat as […]
Canal Plus has been though some choppy waters just lately, losing some very senior managers in the process and major shareholder Vivendi’s Vincent Bolloré issuing some stark warnings at the end of last week over the broadcaster’s future. “[Vivendi] cannot on a long term basis continue to finance the losses of Canal+ channels in France.” […]
London-based speciality satellite operator Avanti Communications has suffered a bad week on the London stock market. February 18th saw its already struggling share price drop below the psychologically important £1 mark, to 97p. The price represents an ‘all time low’ for Avanti, and reflect a 56 per cent fall since July last year. The 3.24 […]
Nigeria’s Federal government says it will not now privatise the nation’s satellite system. The decision affects Nigerian Communications Satellite Ltd (NigSatCom), based in the country’s capital city, Abuja. Nigeria’s Minister of Communications, Adebayo Shittu, says any plan to sell the company and its facilities would be an attempt to short-change Nigerians. Towards the end of […]
Telesat of Canada has won a significant order from Panasonic Avionics. The order covers “almost all” of Telesat’s satellite bandwidth on its Telstar-12 Vantage spacecraft. The bandwidth will be used by Panasonic to deliver in-flight entertainment to aircraft passengers over Europe, the Middle East and Mediterranean regions. Telstar-12 was launched towards the end of last […]
This coming Wednesday will see satellite operator Eutelsat unveil its half-year results. February 14th saw Australian investment bank Macquarie reaffirm its ’Outperform’ rating on Eutelsat. It is not alone. February 15th saw equity analysts at Exane/BNP-Paribas reiterate “BUY” for Eutelsat in a note to clients. They are expecting Eutelsat’s results to be a “significant positive” […]
Last week, the ITU’s Radio Regulations Board (RRB) approved a controversial proposal from Egypt that it could build and launch a satellite to the 35.5 degrees East orbital slot. The satellite would be the first of a six-satellite system. The decision is contentious in that Egypt’s application to launch the satellite was well out of […]
February 9th saw a major announcement from Eutelsat and California-based ViaSat which sees the two satellite operators coming together in a strategic partnership designed to promote and develop satellite-delivered broadband over Europe. One well-placed analyst thinks it could be the harbinger of even greater co-operation between the two, and even mentions the possibility of a […]
Viacom’s shares crashed a worrying 21.5 per cent on February 9th following on from a troubling set of results and not helped by recent succession worries. Analysts at MoffettNathanson Research summed up the day by bluntly saying “All of our hoped-for catalysts appear to be gone”. A report to clients stated that they had expected […]
The past year has been near-spectacular for Netflix. It has grown its core subscriber numbers and revenues, expanded the number of countries covered and a growing approval rating for much of its high-quality output. Yet, shareholders seem disenchanted and of late its share price has slipped (down from $131 back on December 4th to less […]
WBD warms to Paramount offer
Research: Consumers losing hundreds to illegal streaming fraud
Eutelsat seeks €1.5bn refinancing
Kantar Media rebrands as Fifty5Blue
AudioUK appoints Baughen as CEO
Report: Copper switch-off progresses unevenly across Europe
Starlink wraps Gen-1 DTC
Panasonic partners with Skyworth
Open Cosmos seeks $200m in fresh cash
BBC Nordic takes to the skies with SAS Airlines