Eutelsat Communications has revealed the findings of a new Egyptian television market survey confirming its 7/8° West hotspot as the most powerful neighbourhood for satellite television for the country. 98 per cent of TV homes in Egypt rely on satellite for television and 97 per cent of these receive their signal from 7/8° West reaching […]
The news that Eutelsat is completely ending its already strained relationship with Viasat prompted one analyst to update clients on the position. Viasat will now own 100 per cent the Euro Broadband Infrastructure (EBI). Giles Thorne (media analyst at Jefferies) was blunt: “The curtain comes down on Viasat’s disastrous first steps into European broadband. Eutelsat […]
Eutelsat is selling its majority share in its Euro-Broadband joint venture with Viasat. Eutelsat is reorganising its Ka-band broadband-by-satellite strategy over Europe. It owned a 51 per cent stake in Euro-Broadband with Viasat of California holding 49 per cent. Eutelsat will receive an “initial consideration” of €140 million for its stake. This sum could be […]
Italy’s Telecom Italia Mobile (TIM) has signed a “long-term strategic agreement” for significant Italian capacity on Eutelsat’s Konnect ‘broadband-by-satellite’ service. The TIM agreement is similar in shape to that signed by Orange (of France) and sees TIM contracting the entire Italian capacity on Eutelsat Konnect which started operations this month, as well as the vast […]
Eutelsat Communications has announced the successful entry into service of its new-generation Eutelsat Konnect High Throughput Satellite at the 7° East orbital position. Launched aboard an Ariane rocket on January 16th 2020, the availability of Eutelsat Konnect had been delayed due to Covid-related interruptions in the roll-out of the ground segment, but having now completed […]
Eutelsat’s CEO Rodolphe Belmer, speaking at a Euroconsult World Satellite Business Week virtual panel, told delegates that recent agreements and renewal contracts struck with Canal+, Sky Italia and MultiChoice were all struck on good terms. “The broadcast segment for our company is extremely resilient,” he explained. “We are able to stabilise revenues. It will stay […]
Europe’s two big names in satellite communications saw large uplifts to their share prices thanks to the news about a probable Covid-19 vaccine. Eutelsat rose a significant 9.56 per cent on November 10th (and at one point hit €9.70). SES rose 3.9 per cent to €7.99 (and at one point touched €8.12) per share. The […]
Eutelsat Communications has confirmed the appointment of Pascal Homsy as Chief Technical Officer. Homsy joins Eutelsat from Thales Alenia Space where he was head of the Space Telecommunications Business Line. He brings with him some 30 years’ experience of senior management positions within major international groups, notably the telecoms conglomerate, Alcatel/Lucent/Nokia and the IT Services […]
The satellite industry’s big 5 operators (Intelsat, SES, Eutelsat, Telesat and Viasat) have all now reported their quarterly numbers and – in summary – they are not good. Sami Kassab, an analyst at investment bank Exane/BNPP, in a useful summary note to clients says that overall, operating trends for the industry remain challenging with Intelsat […]
The rumours that some sort of consolidation could take place between SES and Eutelsat refuse to die. At the November 5th results conference, analyst Patrick Wellington from Morgan Stanley almost seemed to appeal to SES CEO Steve Collar to come clean and explain the position. Collar politely declined the invitation to deliver any information – […]