SES unveiled its end-of-year numbers on February 24th and in its post-results analysts call, CEO Steve Collar explained that the satellite operator was “well ahead” of its work to prepare for FCC-mandated C-band conversion work for the SES. Collar stated the C-band Phase 2 work meant SES was on track to receive the remaining $3bn […]
The FCC has approved Intelsat’s exit from Chapter 11 bankruptcy and the transfer of the ‘old’ company’s ‘debtor in possession’ (DIP) assets to the newly established parent business based in Luxembourg. The FCC’s International Bureau chief Thomas Sullivan said the transfer was in the public interest and approved the request. The FCC ruling explains the […]
The SES vs Intelsat 50/50 trial over FCC C-band incentive payments has finished its initial examination and cross examination of witnesses. Far fewer witnesses were called by either party and consequently the hearings lasted just 6 full days instead of the 10-12 initially expected. Judge Keith Phillips ruled that both parties must submit their “findings […]
Eutelsat had a bad day on February 17th in terms of its share price. Poor half-year results and the company pushing out to its 2023/2024 financial year any prospect of much improvement, drove its share price down from €11.39 to €10.70. There are also two satellite launches which are suffering damaging delays. The Paris-based satellite […]
The hearing of the litigation between SES and Intelsat in front of Judge Keith Phillips is now well into its second week. The dispute concerns the division of FCC ‘incentive’ payments. SES is claiming 50 per cent of the FCC’s allocation of payments, plus damages against Intelsat.. One of the many Intelsat lawyers on the […]
The FCC is to make major changes to how it registers the licensing of satellites. The plans come from bipartisan proposals, currently in draft form, from the US House Energy and Commerce Committee and the release of a pair of Bills which should improve how the FCC handles the registration of new satellite proposals. The […]
NASA, by and large, has a cordial relationship with Elon Musk’s SpaceX rocket business. The space agency is a major client for SpaceX and an enthusiastic supporter where it has committed millions of dollars to SpaceX for its launch system and rocket connectivity to the International Space Station. But now, it is complaining about Starlink. […]
The 50/50 legal action between SES and Intelsat continues. SES, in a statement, reminded interested parties as to its claims and core argument. SES originally sought $421 million in direct compensatory damages as well as punitive damages for a total claim of about $1.8 billion. Under a settlement related to Intelsat’s exit plan from its […]
Steve Collar, CEO of SES, told the SES vs Intelsat trial currently taking place that he trusted and liked Intelsat’s CEO Steve Spengler. “He was a good guy. I liked him, and I trusted his assurance that [the 50/50 revenue agreement] between SES and Intelsat was solid,” said Collar. He told the court that it […]
A study from Dr Sergei Pekhterev (co-owner of Astra-Internet) shows that the bandwidth of each of Elon Musk’s Starlink low Earth orbiting satellites is carrying 16 data beams and can serve some 2080 users as each craft passes overhead. Pekhterev has used Starlink data which states that each satellite covers about 380 square kms of […]