Shareholders in Paris-based Eutelsat again saw a successful rise in the satellite operator’s value, rising 82 per cent in value to €3.66 per share. Indeed, at one point shares hit €4.49 before some investors took their profits. Either way, the numbers are considerably better than the €1.15 of a few weeks ago. Eutelsat’s stock has […]

The financial news for Eutelsat has been depressing for some time. But March 3rd saw its share price rocket ahead by almost 50 per cent on news that diplomatic problems between President Trump and Ukraine could mean the EU backing Eutelsat’s OneWeb division as a powerful alternate to Elon Musk’s Starlink for satellite services to […]

Orange Africa and Middle East (OMEA) and Eutelsat have announced a strategic partnership to bridge the digital divide through satellite connectivity in Africa and the Middle East. It aims to connect isolated areas with broadband access, thereby strengthening digital inclusion in the region. As part of this multi-year partnership, Orange will use the Eutelsat Konnect […]

February 21st saw Paris-based satellite operator Eutelsat downgraded again. This time the review came from investment bank Goldman Sachs, who advised Eutelsat shareholders to ‘Sell’ from analyst Andrew Lee. On the upside, however, Eutelsat has announced what it describes as the “world’s first 5G non-terrestrial network (NTN) connection leveraging its OneWeb LEO satellites”. The achievement […]

Eutelsat OneWeb, a subsidiary of Eutelsat Group, is pushing India’s Department of Telecommunications (DoT) to approve activation of a pair of crucial Earth station gateways for its Low Earry orbiting constellation to start services, according to India’s Economic Times. Deployment is needed not only for India itelf but for other South Asian nations looking to […]

Analysts at investment bank BNP Paribas have issued their thoughts on satellite operator Eutelsat’s current predicament and have advised clients that their rating on the Paris-based business is ‘underperform’ as far as shareholders are concerned. But worse, in that the bank’s Sami Kassab, in the past a supporter of satellite stocks, has issued a target […]

Within minutes of Eutelsat releasing its half-yearly results on February 14th a major sell-off by shareholders occurred, and drove Eutelsat’s share price down to another ‘all time low’ of just €1.39 a share, and a 11.4 per cent fall on the day. A week earlier they were trading at about €1.80. A month ago, they […]

Eva Berneke, CEO at Eutelsat, has unveiled the operator’s financial results. Eutelsat’s once-reliable Video division revenues fell 6.4 per cent (€309.2 million) but each of the other verticals were in solid territory. Total revenues for the First Half of FY 2024-25 stood at €606.2 million, up by 5.9 per cent on a reported basis. Revenues […]

Investors are increasingly concerned about the state of finances at Europe’s two giant satellite operators, SES and Eutelsat, according to a report in the FT. “The cost of buying insurance against France’s Eutelsat and SES of Luxembourg defaulting on their bonds has soared to record highs, as investors fear the two will struggle to repay their […]

Eutelsat Communications and Télécoms Sans Frontières (TSF), the specialist non-governmental organisation in emergency telecommunications, have announced the renewal of their long-standing partnership. This renewed agreement builds upon the first patronage convention initiated in 2022, further strengthening a collaboration that began in 2007. Headquartered in Pau, France, with a regional office in Latin America, TSF has […]