Equity investment analyst Andres Coello from Scotiabank has issued an update for satellite operator AST SpaceMobile (AST) now that AST has successfully unfurled its five solar arrays. The bank’s view states: “Impressive execution should unlock cheaper credit and accelerate prepayments.” The bank was impressed and stated that the 23-day period from launch to unfurling the […]
Following the launch of Warner Bros Discovery’s (WBD) Max streaming service across Latin America in Q1 2024 (replacing HBO Max) the service saw a notable jump in subscribers. But while the overall region saw growth of 2.8 million subscribers year-over-year (13 per cent) in Q2, Ampere Analysis reports that one country in particular has emerged […]
A research note from analysts at Bank of America says that Amazon could invest $16 billion (€14.8bn) to get its Project Kuiper satellite system up and running, with most of that going in rocket launch costs. Those launches, which were due to start during this fourth-quarter of 2024, will not now start until later in […]
SES says it will pay shareholders its 25c dividend later in October. The news coincided with a report from investment bank BNP/Paribas and while it does not reveal a great deal of ‘new’ news, it has some very interesting extra elements. The report, from the bank’s Sami Kassab, notes that SES recently won a large […]
On September 5th a SpaceX Falcon 9 rocket placed its 7,001st Starlink satellite into orbit. That’s good news, and amongst that number there were 13 of its Direct to Cell (D2C) versions capable of communications direct to smartphones. Those D2C satellites now number 181 in orbit. But a report from Scotiabank itemises the very real […]
AST SpaceMobile already has five of its BlueBird satellites at Cape Canaveral waiting for launch by SpaceX. They are expected to be launched during the first half of September. It also has 17 of its advanced ‘Block 2’ satellites under construction at its Midland, Texas facility. CEO Abel Avellan told analysts during AST’s Q2 results […]
LBG Media is a UK-based multi-channel digital entertainment business, with a massive global audience. It claims an audience reach of more than 1 billion and enjoyed 128 billion views last year thanks to its LADbible, SPORTbible, and Unilad series of sites. LBG says it is now the world’s all-time “most viewed and engaged publisher on […]
Investment bank Berenberg has downgraded satellite operator SES from ‘Buy’ to ‘Hold’. The bank has also reduced its share price target from €7.20 to €6.80. The bank’s report says that it believes that the operator’s cash warchest, made up of the receipts of the $3 billion from the FCC as compensation for releasing certain C-band […]
Investment bank BNP/Paribas, in its review of Eutelsat’s half-year results, praised the satellite operator saying it was making “good progress” and reducing its balance sheet risks, but warned it “is not out of the woods yet”. BNPP, in its note to clients, stated: “While we remain cautious on the shares in the context of management […]
Shareholders – and management – might have breathed a sigh of relief with the news from investment bank Jefferies that it was upgrading its view of Viaplay Group’s prospects from ‘Underperform’ to ‘HOLD’. The news comes after a torrid time for Sweden’s Viaplay operation, which focuses on streaming in a number of international markets. It […]