Skyline Communications, a provider of digital transformation software solutions, proudly recognises the significant achievement of a WTA Tier-4 certification by Nilesat, a leading satellite operator in the Middle East region, based in Egypt. Skyline’s DataMiner platform has played a pivotal role in Nilesat’s ongoing commitment to innovation in teleport technologies and the delivery of top-tier […]
Nilesat, the Egyptian satellite company, has reported a 3.2 percent year-on-year rise in net profits after tax during the first half of 2023, recording net-profit of $19.304 million, compared to $18.706 million, according to the financial income statement filed to the Egyptian Exchange. Nilesat’s operating revenue climbed by 2.09 per cent year-on-year in the six-month […]
Ateme, a player in video compression, delivery, and streaming solutions, has announced that its video headed is feeding the latest satellite launched by Nilesat, the satellite service provider delivering digital television, radio, and data services across the Middle East and Africa. For the third time, Nilesat has chosen Ateme for its video headend; this time […]
Cairo-based satellite operator Nilesat has reported a 2.8 per cent Q1 rise in its net profit in the three months to March 31st 2023. First-quarter net profit rose to $7.47 million (€6.9m), from $7.27 million in the same period in 2022, although this was down on the 2021 Q1 period when net income was stated […]
Cairo-based satellite operator Nilesat has declared payment of a cash dividend equal to $0.45 per share. Payment to shareholders will be made on April 13th. While the 45c to be paid is the same as that for 2021, it is a reduction of that paid in 2020 (55c) and 2019 (60c). Nilesat has improved its […]
Investors didn’t much care for Eutelsat’s half-year financials issued on February 17th. Eutelsat’s share price fell 8.95 per cent on the day to €6.46 per share, a worrying low-point for the past 12-months and a 64.99 per cent collapse on the past five years. It is also an all-time low for the company’s shares. The […]
Eutelsat has unveiled its H1 numbers for its 2022-2023 financial year. There was plenty of good news, despite the headline number which showed its total revenues (like for like) falling 6.1 per cent to €574 million. These numbers translated into some strong revenue falls. For example, Broadcast revenue fell 6.7 per cent. Data & Professional […]
NileSat has not enjoyed the best of times this past few years, with revenues and profits under pressure. But this year is proving to be significantly better. The satellite operator has reported 48.90 per cent higher profits during the first nine months of 2022 to $30.24 million, compared to $20.30 million in the corresponding period […]
Eutelsat has unveiled its Q1 results showing overall revenues have fallen by 4.5 per cent on a like-for-like basis to €287 million. But CEO Eva Berneke said that its merger with OneWeb, now progressing through the normal regulatory measures, would take the combined businesses to revenues of €2 billion by 2027. Berneke said that the […]
Cairo-based satellite operator Nilesat has reported its half-year numbers to the local stock exchange, and they are not good. Revenue for its half-year have fallen to $50.14 million (€49.1m), down from $59.49 million in the same period last year. Net earnings of Nilesat reached $18.70 million during the six-month period ended June 30th 2022, compared […]