Eutelsat’s share price meltdown continues and not helped by a group of unhappy residents of the UK’s Falkland Islands. Local reports say that the Falkland Islands government “wants its money back” from an agreement which it entered into with local telco SURE and which provides national and international fixed line, mobile data and broadband services […]

Eutelsat Group and Nigerian Communications Satellite (NIGCOMSAT) have announced a multi-year, multi-million-dollar partnership to deliver low Earth orbit (LEO) satellite services in Nigeria. This strategic agreement positions NIGCOMSAT as Nigeria’s leading satellite service provider by leveraging the OneWeb LEO network to deliver high-speed, low-latency connectivity. The services will cater to a wide range of sectors, […]

Ratings agency Moody’s has again downgraded Eutelsat, and blames its decision on the “disappointing” contribution from Eutelsat’s OneWeb constellation of satellites. The downgrade, from B2 to Ba3, cites the operational under performance in comparison with Eutelsat’s forecasts for revenues from OneWeb. The report didn’t help Eutelsat’s share price which fell 3.7 per cent on January […]

According to a report by Dell’Oro Group, a source for market information about the telecommunications, security, networks, and data centre industries, Fixed Wireless Access (FWA) has surged in recent years to support both residential and enterprise connectivity due to its ease of deployment along with the more widespread availability of 4G LTE and 5G Sub-6GHz […]

Eutelsat America Corp. and OneWeb Technologies Inc (EACOWT), which operate as a wholly owned independent US proxy company and subsidiary of Eutelsat Group, have announced the appointment of Ian Canning as president and chief executive officer (CEO). Canning served as EACOWT’s COO and most recently served as the company’s acting CEO. He brings a wealth […]

Eutelsat’s OneWeb mega-constellation of satellites suffered a near-48 hour outage over the New Year period starting on December 31st. The reason given was that OneWeb core software between the satellites and their user terminals did not account for the fact that 2024 was a leap year with 366 days. Eutelsat’s official statement can be read […]

Eutelsat experienced a 48-hour outage on its OneWeb Low Orbit service, commencing on December 31st 2024. In a company statement, Eutelsat outlined the reason for the outage. “The root cause was identified as a software issue within the ground segment,” the company explained. “Eutelsat was fully mobilised and worked with the vendor to restore full […]

Credit rating agency Standard & Poor’s (S&P) has lowered Eutelsat’s credit ratings. S&P says it expects Eutelsat’s loss-making LEO satellites division (OneWeb) and hefty capital expenditure (capex) needs will result in sustained negative cash flow in the next three to five years. S&P adds that it now considers Eutelsat’s risk profile to be ‘Weak’ (down […]

Paris-based satellite operator Eutelsat, which already has some 654 of its OneWeb satellites in low Earth orbit, is ordering another 100 satellites from Airbus Defence & Space. The new satellites will be built at the Airbus plant in Toulouse, and – perhaps surprisingly – not at the Airbus-owned OneWeb factory in Florida. The factory, Airbus […]

Japan’s UK subsidiary of its Astroscale is getting itself ready with its Critical Design Review of a ‘space tug’ which is planned to remove a OneWeb satellite from its low Earth orbit. The timeframe is 2026 and Astroscale’s UK MD Nick Shave says it is currently acquiring components for its ‘flatsat’ assembly (where the various […]