Investment bank Berenberg, in its previews of media stocks for 2021, is downbeat on satellite operator SES. It is maintaining its ‘SELL’ advice to clients and gives a guide price for SES shares of just €6.80 per share. The bank downgraded SES last year and says it remains of the view that consensus forecasts will […]
Arianespace carried out a total of 10 launches in 2020: three by Ariane 5, five by Soyuz and two by Vega. This was one more than in the previous year, despite the pandemic’s impact. Out of these 10 launches, seven were purely commercial. However, revenue was flat at €1.23 billion but Arianespace says it now […]
Netflix co-CEO Reed Hastings has sold almost a quarter-billion’s worth of shares. Hastings sold $230.6 million’s (€189m) worth of shares in Netflix (437,311 shares) on December 21st at an average price of $527.26 per share, a fraction below their $527.22 value on December 22nd. Hastings released the data on December 22nd. Most of the shares […]
The European Commission (EC) is looking to build a global Low Earth Orbiting (LEO) broadband-by-satellite system to help bridge – and solve – the digital divide in connectivity. The European Commission has selected a consortium of European satellite manufacturers, operators and service providers, telco operators and launch service providers to study the design, development and […]
The rivalry between SES and Eutelsat to win DTH homes in Ethiopia seems to be going firmly in favour of SES. In a statement, SES said that on January 1st “the majority” of satellite TV channels beaming to Ethiopia will be carried from 57 degrees East. “To continue accessing their favourite TV channels on Ethiopia’s […]
Arianespace has confirmed it will launch Eutelsat’s 10B craft in 2022. Eutelsat 10B will be positioned at 10 degrees East and providing transmission links from the Americas to Asia. Built by Thales Alenia Space and based on its Spacebus NEO all-electric platform, it will carry Ku- and C-band payloads to ensure service continuity for existing […]
The European Commission seems enthusiastic about backing its own dedicated Low Earth Orbit system for satellite-based broadband. Speaking during the European Space Week 2020 its Commissioner for the Internal Market, Thierry Breton, spoke in favour of a Quantum Communications Infrastructure satellite scheme. The European Commission has awarded a group of European telcos, satellite manufacturers and […]
The World Teleport Association (WTA) has published its annual rankings for the Top Teleport Operators of 2020. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies. “The Top Operators for this year really reflected the […]
Eutelsat has announced that for the first time, anyone in the UK unable to access terrestrial broadband connectivity through traditional means can now enjoy superfast satellite broadband, no matter where they live, via the Eutelsat next-generation Konnect satellite. The new service is provided by Eutelsat’s new direct operation, which, like the satellite, is also called […]
Gerry O’Sullivan, Eutelsat’s EVP/Global TV & Video, has left the satellite operator to take on new opportunities nearer his UK home. He has been in the post at Eutelsat since 2017, commuting to and from its Paris office from his London home. Eutelsat staff were informed via an internal announcement. O’Sullivan was instrumental in launching […]