Analysts at Berenberg Bank have compared and contrasted Europe’s two satellite giants SES and Eutelsat in a detailed report. SES has a balance sheet that is in good shape says Berenberg but, despite its larger size, will generate much less cash flow than Eutelsat in 2021 and 2022, and, given uncertainty about the long-term future […]
The world’s three-largest satellite operators are complaining to Canada’s government regarding its proposed restructuring of C-band spectrum for 5G adoption. In essence they are saying that they must be compensated for giving up their frequencies over Canada, and any Canadian scheme which only compensates Telesat would be a violation of trade agreements. The comments come […]
Joseph Ibeh, analyst at satellite and space market research and consulting services specialist NSR, suggests that further satcom consolidation is on the horizon, with the global satellite communication industry transitioning to meet new market trends and match projected threats from perceived disruptors. In particular, he argues that an SES and Eutelsat merger could help both […]
Eutelsat Communications has confirmed the appointment of Juan Pablo Cofino as Regional Vice President – CEO of Eutelsat Americas. He joins Eutelsat from Intelsat where he was Regional Vice President, LatAm & Caribbean. He brings to Eutelsat over 20 years’ industry experience and a track record of value-generation, having previously occupied senior international executive positions […]
SpaceX, which is moving ahead with its broadband-by-satellite service, is asking the FCC for permission to beam signals to moving vehicles, vessels and aircraft. If granted, the SpaceX services will be ‘blanket licensed’ under the FCC’s existing ‘Earth Stations in Motion’ rules and be capable of handling internet services to any moving vehicle including cars […]
A study from Northern Sky research (NSR) confirms a definite downward trend in video-related revenues for the world’s main satellite operators. NRS’s Satellite Industry’s Financial Analysis, 10th Edition report gives
Amazon owner Jeff Bezos looks like suffering delays to his Project Kuiper broadband-by-satellite mega-constellation. Confirmed delays in the availability of his Blue Origin launch rocket could also affect Eutelsat which had reserved a flight on the rocket for one of its satellites. Bezos is backing the Blue Origin rocket launching system and they have delayed […]
The past few days have seen a slew of press statements from SES regarding contract renewals and fresh deals. The latest pair come ahead of the satellite operator’s results statement on February 25th. None of the releases are quantified in terms of value, but no doubt questions will be asked by the analysts on the […]
Elon Musk’s broadband-by-satellite Starlink business is readying to open for business in Europe. The markets invited include France, Germany, Austria, Ireland, Italy and others. It plans to launch its service in these European markets in mid to late 2021 on a “first come, first served basis”. Its service will deliver broadband internet connexions at 50-150Mbps […]
London-based speciality satellite operator Avanti Communications has borrowed another $30 million and been given an additional lifeline by its lenders for its $145 million-worth of borrowings. But the money comes with a sting in the tail. The lenders have granted an extension to the repayment obligations to Avanti, setting January 31st next year as the […]