Wyld Networks has announced the availability of its new range of low-power, sensor-to-satellite LoRaWAN terminals and modules for IoT applications across areas where there is little or no alternative connectivity. The Wyld Connect hybrid devices can transfer data directly to terrestrial networks or through a network of Low Earth Orbiting (LEO) satellites through a partnership […]
Barclays Bank has issued a note from its equity analysts which favours “defensive stocks” such as SES and Eutelsat. The bank says that the current economic uncertainties mean that its former recommendations for global ad-agencies such as WPP, Omnicom, Interpublic and Publicis are downgraded to ‘Equal Weight’ from ‘Overweight’. The bank says there could be […]
SES has received a favourable review from Fitch Ratings for its borrowings. Fitch says that SES’s long-term debt is rated at ‘BBB’ and its subordinated borrowings are rated at ‘BB+’. Fitch highlights the options that SES will shortly have from the FCC’s next C-band incentive payments of some $3 billion. Sandeep Jalan, CFO at SES, […]
A report from investment analysts at Berenberg Bank looks closely at satellite operator SES, and maintains a ‘Buy’ rating although the bank softens its Price Target on the operator’s shares, and lowers its target slightly from €10 to €9.80 (today at €6.92). The bank’s report says that over the next two years SES has three […]
Eutelsat executives say they have about 6 per cent of group revenues exposed to Russian activity. The bulk of this comes from distribution deals on Russian pay-TV systems operated by Tricolor and NTV+. A report from analysts at investment bank Exane/BNPP forecasts a scenario – unconfirmed by the company – where the French government requests […]
The DVB-NIP specification has been approved by DVB’s Steering Board, bridging the gap between broadband and broadcast networks and paving the way for a converged media distribution solution. DVB-NIP is the result of one year of technical work by representatives of more than 13 DVB Member companies from across the media delivery value chain. The […]
Eutelsat had a bad day on February 17th in terms of its share price. Poor half-year results and the company pushing out to its 2023/2024 financial year any prospect of much improvement, drove its share price down from €11.39 to €10.70. There are also two satellite launches which are suffering damaging delays. The Paris-based satellite […]
Eutelsat released its first half-year results on February 17th and reported that like-for-like revenues had fallen 4.2 per cent. The satellite operator also cautioned that its full-year numbers would be at the lower end of guidance. However, drilling down into the numbers, it reported that actual revenues of €628.5 million (for the half-year to December […]
SES and Eutelsat, Europe’s pair of important satellite operators, have come under the microscope from investment bank Exane/BNPP. SES comes out of the report well. Eutelsat, less so. The bank forecasts that by 2024 it estimates that SES could be 24 per cent ahead in terms of its EBITDA numbers and therefore with a 45 […]
The World Teleport Association (WTA) has revealed its annual rankings for Top teleport Operator of 2021. SES, headquartered in Luxembourg but with other important teleports in Europe and the US, takes the Number 1 spot. WTA says its annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the […]