“Any reasonable person – and juror – would believe that there was insider trading” states a motion from lawyers for the Class Action against some Intelsat shareholders and the company chairman, Dave McGlade, provided their detailed claim for the Northern District of California Court. Their action is due to be heard on April 28th. The […]
SES returned to positive revenue growth in its full year results. The satellite telecommunications network provider is also now in its 2023 trading year, where the FCC’s long-awaited C-band ‘jam tomorrow’ promise becomes a $3 billion (€2.84bn) positive income. SES issued an impressive set of guidance numbers, including detail that SES-17 and its O3b mPOWER […]
SES has had a legal action running against Intelsat which asks for Intelsat to pay what SES alleged was Intelsat’s 50 per cent of the costs of running the C-Band Alliance. The action is paused while the larger legal action against Intelsat and where SES is suing for a 50/50 division of the FCC’s Accelerated […]
Intelsat says it has cleared its C-band frequencies in accordance with the FCC’s agreement. Intelsat was the largest holder of C-band licenses over the US and migrating its share of the spectrum meant squeezing 60 percent of its capacity used mostly by broadcasters into the remaining 40 percent of capacity remaining on its satellites. At […]
The long-running legal action between SES and Intelsat is back in court on January 31st. The hearing is focussed on the SES claim that Intelsat pay what SES says is its share of the costs associated with the C-Band Alliance (CBA). The CBA failed in its plan to create a private auction of C-band satellite […]
The space and satellite insurance sector enjoyed their third successive year of profits following losses in 2018 and 2019. The profits were impressive, with $579 million (€534m) in premiums paid and helping offset losses and claims of $294 million. However, the industry is not tapping into the fast-growing Low Earth orbiting market as the likes […]
Viewers in Thailand will no longer able to watch World Cup matches on C-band satellite television, the National Broadcasting and Telecommunication Commission (NBTC) has ruled. The C-band signal was switched off December 1st following a warning from FIFA over broadcasting copyright, having found the country’s transmission access was also being used in other countries. FIFA […]
SES is mounting an appeal in its battle to win 50 per cent of the FCC’s C-band incentive payments. On September 30th the US Bankruptcy Court for the Eastern District of Virginia, Richmond Division, disallowed the SES motion which – in effect – meant that Intelsat could hold onto its FCC payments. SES Americom, the […]
SpaceX launched four NASA astronauts to the international space station on October 5th from Cape Canaveral. A few hours later, from the Vandenberg Space Force base in California, another Falcon 9 rocket lofted 52 Starlink satellites into orbit. Both rocket boosters made pinpoint landings on their floating barges a few minutes after launch. The Starlink […]
United Launch Alliance (ULA) successfully launched two SES satellites into their geosynchronous transfer orbits on October 4th from their Cape Canaveral launch site. ULA used a massive Atlas-V Centaur rocket to carry its two craft. SES-20 and SES-21 are both Boeing-built all-electric craft and will be used to supply C-band television transmissions to cable and […]