Investment bank BNPP, in a major examination of three key satellite operators and their share prices, says SES, Eutelsat and Telesat have remained under pressure – with only Telesat making some modest headway because of its progress with its Lightspeed low Earth orbit constellation. In a self-examination of what it got right (and wrong) in […]

The merger between Eutelsat and constellation operator OneWeb has cost the UK taxpayer around £200 million (€230.9m) in losses. The unexpected decision to rescue OneWeb from bankruptcy was driven, at least in part, by anxieties that China could gain control of the struggling business. Dominic Cummings, a key adviser to the now disgraced former Prime […]

Eutelsat OneWeb has signed what it describes as a “multi-million dollar exclusive distribution agreement” with telco Rawafed Libya (RLTT) to deliver connectivity services across Libya. RLTT is expanding its relationship with Eutelsat Group to include a hybrid bundle of both enhanced GEO and LEO services, in this new landmark agreement. Eutelsat OneWeb will provide exclusive […]

Lebanon-based Al Mayadeen is being accused of broadcasting without a licence. The channel is alleged to be transmitting “anti-Semitic and Holocaust denial statements” according to French observers. The influential Denis Diderot Committee has published an ‘alert report’ on Al Mayadeen TV. “This channel, broadcast to the Middle East, North Africa and Europe by two Eutelsat […]

Intellian Technologies, a provider of multi-constellation satellite user terminals and communications solutions, and Eutelsat OneWeb, the GEO-LEO satellite operator, have announced the launch of OW130L for Eutelsat OneWeb customers. The OW130L will offer a robust service on Eutelsat OneWeb’s network while also being tolerant to rain fade and ensuring delivery on the highest Service Level […]

Investment bank Goldman Sachs has downgraded its outlook on Eutelsat from ‘BUY’ to ‘Neutral’. It has also dramatically reduced its target share price from €14 to €4. The report prompted further falls in Eutelsat’s already under pressure share price. The bank’s report says its reassessment comes in the wake of concerns regarding the financial implications […]

Eutelsat OneWeb and Hanwha Systems have confirmed their distribution agreement for the delivery of satellite connectivity in South Korea. Hanwha Systems is pursuing participation in the ‘commercial low-orbit satellite-based communication system’ project that secures a Korean government network using Eutelsat OneWeb’s satellite network and is also installing satellite communication terminals in remote areas where internet […]

Eutelsat’s shares hit another all time low on November 23rd, not helped by a downgrade from Fitch. The ratings agency downgraded Eutelsat’s debt to ‘BB’ although stated that the operators outlook was “stable”. However, the news didn’t help Eutelsat’s share price which crashed to €3.77 (from €4) although it finished the day at €3.81. The […]

Eutelsat OneWeb claims it is the “first to receive approval” from Indian space regulator for satellite broadband over the nation. But spectrum allocation has yet to be granted. OneWeb India says it has received the necessary authorisations from IN-SPACe on November 21st to launch Eutelsat OneWeb’s commercial satellite broadband services in India. Other operators are […]

Intelsat has been selected by Aerolíneas Argentinas to provide multi-orbit inflight connectivity service on 18 Airbus A330 and Boeing 737 MAX aircraft. The airline will become the first in Latin America to offer service using Intelsat’s new electronically steered array (ESA) antenna. “Aerolíneas Argentinas’ passengers will soon benefit from multi-orbit connectivity that will provide the […]