The planned $7.3 billion (€6.3bn) acquisition by Viasat of Inmarsat confirms Viasat’s position as the satellite industry’s largest player in terms of revenues. But the deal could also herald a further suite of consolidations. In the words of analyst Sami Kassab, from investment bank Exane/BNPP, this transaction will help diversify Viasat’s geographic and vertical exposure, […]
Nigerian telecoms network provider Globacom says the recent agreement struck with Eutelsat will offer “unlimited benefits” to potential users in Nigeria. The Eutelsat Konnect project would enable the company to offer VSAT/Satellite-based internet service and satellite-based community Wifi internet service in far flung and unserved areas where access to internet services are currently a challenge. […]
Eutelsat’s 80A satellite has reached its end-of-life having more than exceeded its minimum design life of 12-years of operation. Eutelsat 80A was launched from Florida in May 2000. It was also called Eutelsat W4 and has thus completed well over 20 years service. Various technical data suggests that the satellite was being raised by about […]
Eutelsat has unveiled its Q1 revenues – the final set of numbers before Rodolphe Belmer’s departure from the business. The financials were not good. Each and every division showed falling revenues. Its all-important contracted backlog also fell €200 million y-o-y to €4.2 billion. The good news, such as it is, is that Eutelsat has firmed […]
Spanish satellite operator Hispasat and French operator Eutelsat have formed a partnership to promote initiatives to bridge the digital divide in Spain and Portugal that Hispasat has already put in place. As part of this agreement, the Hispasat will complement its current capacities with those of Eutelsat’s Konnect satellite over the two countries. This way, […]
Investment bank Jefferies is no longer covering the satellite industry in guidance for its clients. The companies affected are Eutelsat, SES, Echostar and Viasat. Its final ratings, guidance and share price targets are: · Eutelsat: Buy, €15.5 (currently €12.51) · SES: Buy, €11.5 (currently €7.87) · Echostar: Hold, $28.0 (currently $24.15) · Viasat: Hold, $57.5 […]
Eutelsat has been awarded a contract by Zeonbud which operates a 33-channel DTT system in the Ukraine. Zeonbud the nationwide licensed DTT operator transmitting Ukraine’s 33 major channels covering a wide range of broadcast content. Launched in 2010, it reaches approximately 40 per cent of the population and covers 95 per cent of the nation. […]
Azam TV, owned by the Tanzania-based Bakhresa Group, is to expand to Zimbabwe. The service is already present in Tanzania, Uganda, Malawi, Kenya and Rwanda. Its bouquets cover sport, entertainment, news, music and religious channels. The new service will broadcast DTH and has been licensed by the Broadcasting Authority of Zimbabwe (BAZ). Transmissions are expected […]
Eutelsat, in its latest blog, written prior to the announced departure of Rodolphe Belmer, says that Ultra-high definition (UHD) provides many advantages for content-makers and broadcasters, and is important to the satellite industry. One extremely important benefit in the need for UHD is in viewer retention, says the item. “While SDTV used to be the […]
Rodolphe Belmer, CEO at Eutelsat since 2016, is stepping down. He is joining French multinational information technology and consulting firm Atos as CEO. The move is seen as a probable end to the bid by Patrick Drahi to take control of Eutelsat. The news was broken by Atos on the evening of October 20th after […]