SES is having a strong trading year. Its revenue for 2023 was €2.03 billion, and ahead of expectations despite its Video division suffering a -4.4 per cent fall in revenue to €607 million. But its Networks division is still showing solid growth – up 6.1 per cent to €1.06 billion). But the headline news is […]
The SES share price is in the doldrums. The past few days has seen its shares trading at about €5.60. However, a report from analysts at Berenberg Bank suggests there’s positive news ahead. The bank says that with about $3 billion coming in around 10 days from now, the FCC’s C-band compensation scheme gives SES […]
A report from Euroconsult forecasts that Maritime bandwidth capacity demand is set to increase twentyfold over the next decade. The expansion will be driven by increased demand from the cruise industry. With the most serious restrictions of Covid-19 now generally in the rearview mirror, market intelligence firm Euroconsult estimates that maritime connectivity sectors have mostly […]
SES has reported that its two O3b mPOWER satellites, built by Boeing, have arrived at Cape Canaveral and are now being readied for launch by SpaceX. The two craft are Number 3 and 4 in the mPOWER fleet. The pair of satellites will join the first two O3b/mPOWER satellites that have arrived at medium earth […]
O3b’s latest pair of mPOWER satellites have left their Boeing manufacturing site and have been successfully delivered to the SpaceX launch site in Florida. The two (the third and fourth of the new fleet) will be launched into a medium Earth orbit (MEO) towards the end of April. The current expected date is April 28th, […]
SES-owned O3b’s mPOWER Networks has won an extended contract with Vodafone Cook Islands for 4G+ and high-performance broadband-by-satellite. The service will serve Cook Islands including the outer islands in the region. O3b mPOWER is SES’s second-generation medium earth orbit (MEO) system. Vodafone Cook Islands will leverage SES’s Mobile Backhaul mPOWER service to deliver increased access […]
Two mPOWER satellites (mPOWER 1 and 2) are ready to launch on December 16th for SES. Launch time, subject to the usual weather constraints, is at 4.21pm Florida time from Cape Canaveral. SpaceX is providing the launch vehicle. The mission will see the two craft placed in mid-Earth orbit at some 8,000 kms altitude and […]
SES has allocated 1 gigabyte of satellite bandwidth on its O3b craft to smart network solutions operator Marlink. The service, now available to Marlink’s energy sector customers, makes it possible for them to digitalise rig operations, connect crew, and provide applications such as video-conferencing, workflow tools and Enterprise Resource Planning, in combination with data collection […]
SES has reported its 3- and 9-months financials saying that for the year to September 30th, its overall revenues grew 6.1 per cent (y-o-y) to €1.4 billion and a net profit for the 9-months to €277 million (up 23.2 per cent y-o-y). SES guidance for its 12-months trading revenues of €1,750 million -€1,810 million and […]
The Carrier and Wholesale Services (C&WS) division of e& (formerly known as Etisalat Group) has announced a partnership with Microsoft and SES to host the co-located SES O3b mPOWER and Microsoft ground station at Ras Al Khaimah in UAE. The first O3b mPOWER ground station in the region will facilitate one-hop connectivity to the cloud […]