Eutelsat’s end of year report (FY/2021 to June 30th) saw revenues of €1.2 billion (in line with consensus expectations of €1.19bn) and helped by a Q4 trading performance that came in 1 per cent ahead of expectations. Management announced an adjusted free cashflow of €498 million and again ahead of expectations. The results helped Eutelsat […]
Nilesat and Eutelsat effectively share the 7/8 degrees West orbital positions and have a considerable amount of inter-trading over the MENA market. Eutelsat CEO Rodolphe Belmer told analysts on Eutelsat’s post-results conference call that it intends to “take back” some of Nilesat’s capacity serving the Arabic-speaking market “to distribute it ourselves.” He explained that the […]
Eutelsat enjoyed a near-spectacular market trading day on February 12th when its share price rocketed more than 6 per cent to end the day at €10.31. The rise reflected a sense of buoyancy from CE Rodolphe Belmer despite his alerting the market that its much-needed super-satellite Konnect Very High Throughput Satellite (VHTS) would be around […]
Eutelsat’s half-year numbers (to December 31st 2020) showed what CEO Rodolphe Belmer described as “ongoing resilience” for the operator. “Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2 per rcent, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7 per cent despite the […]
Eutelsat’s CEO Rodolphe Belmer, speaking at a Euroconsult World Satellite Business Week virtual panel, told delegates that recent agreements and renewal contracts struck with Canal+, Sky Italia and MultiChoice were all struck on good terms. “The broadcast segment for our company is extremely resilient,” he explained. “We are able to stabilise revenues. It will stay […]
Eutelsat’s DTH broadcast channel count have reduced by 4 per cent this past year (to 6788 channels) while HD channels – included in the overall total – have grown significantly over the past few years. Since June 2017, HD penetration is up 53 per cent, from 1097 channels to 1679 channels at June 30th this […]
Eutelsat has unveiled its full year financials for the year to June 30th and used the opportunity to announce that it was buying Bigblu Broadband, a major supplier of satellite-based connectivity, for £38 million (€32.39m). Buying Bigblu means that Eutelsat will not have to create its own retail operation for broadband. CEO Rodolphe Belmer said […]
Telco giant Orange is partnering with satellite operator Eutelsat to offer consumers satellite-based broadband. The agreement is a major commitment from Orange. Orange has purchased from Eutelsat all the available capacity on the recently launched Eutelsat Konnect satellite to cover the entire French territory. “It will enable Orange’s consumer customer base, even those living in […]
Eutelsat’s CEO Rodolphe Belmer, speaking at the Exane/BNPP-organised CEO Conference in Paris, painted a cautiously optimistic view for the medium-term outlook for the satellite operator. Belmer said he continues to expect its Video Broadcast division (62 per cent of group FY20e revenues) revenues to be broadly stable and to benefit from lower replacement capex. Once […]