Eutelsat Group and Türksat have announced a new “multi-million-dollar, multi-year agreement” for Ka band services on Eutelsat’s Konnect VHTS satellite. Under the agreement, Türksat will leverage multiple beams over Europe to provide services to airlines. Türksat delivering multiple satellite connectivity solutions over its own fleet, as well as third party satellites. Konnect VHTS entered into […]
Intellian Technologies and Eutelsat Group have announced that the new Enterprise Flat Panels are now available exclusively on Eutelsat’s OneWeb LEO network. Featuring the OW11FL (Land Fixed), OW11FV (Land Mobility) and OW11FM (Maritime) – the new series uses Intellian’s antenna technology to deliver enterprise-grade connectivity, enabling end users to receive fast, dependable connectivity anywhere in the world for business-critical communications. […]
Investment bank Goldman Sachs has dramatically upgraded its view on Eutelsat’s prospects, from ‘Sell’ to ‘Neutral’. The bank admits that its previous advice to ‘Sell’ was “the wrong call”. “With the recent EC announced proposal to establish a loan fund of up to €150bn to support European defence spend, Eutelsat shares have risen materially (c.+550% […]
French satellite operator Eutelsat is in detailed talks with the EU to replace Starlink as Ukraine’s primary service for military communications, company CEO Eva Berneke said on March 6th. Eutelsat already operates in Ukraine and currently has thousands of OneWeb terminals, although not all are connected, Berneke explained. She said discussions with suppliers are underway […]
At the start of this week Eutelsat’s share were stuck in the doldrums, and valued at just €1.23 per share. By close of business on March 5th they were trading at a spectacular €7.84 (and had reached €8.74 at one point). This is a 119.7 per cent rise on the day and 550 per cent […]
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 […]