SES told analysts that while it was looking forward to banking some $3 billion in cash from the FCC’s C-band compensation scheme (and likely to be banked early to mid-Q4/2023) there was more cash likely to be forthcoming. CFO Sandeep Jalan’s advice was to “stay tuned”. Acting CEO Ruy Pinto and Jalan were briefing analysts […]

SES reported a healthy rise of 9.8 per cent in overall revenues at €987 million for the six months to June 30th. SES has rebutted recent rumours of further slippage in the launch schedule of next satellites the important mPOWER fleet. SES says two mPOWER craft (satellites 5 and 6) will launch during Q3 and […]

Investment bank Exane/BNPP, in a note to clients, expects satellite operator SES to report a 3 per cent fall in revenues for its Q2 trading period. SES will unveil it numbers on August 3rd. Sami Kassab, an equity analyst at the bank, suggests that SES will report overall revenues of €487 million. The operator’s important […]

The long-running dispute between SES and Intelsat over how the FCC’s C-band compensation payments are allocated is coming to a conclusion. A Delaware Appeal Court in June reversed an earlier decision made by Intelsat’s Bankruptcy Court which had decided that SES’S multimillion dollar claim would not be recognised. The Appeal Court ruled that the claim […]

SES has extended its relationship with Agence France-Presse (AFP) enabling AFP’s customers to continue leveraging the AFPTV Live platform for real-time access to live news and events from around the world. AFPTV Live, based on SES 360, offers a platform that enables users to access AFP’s live video news feeds and deliver content to their […]

ViaSat-3 Americas is a potential lost satellite having suffered a malfunction on its giant antenna following its launch. A report from analysts at Quilty Space says: “[The problem with the satellite], after a heartbreaking seven years in the making saw shares of VSAT plummeted 30 per cent in the immediate aftermath despite management’s assurances of […]

Satellite operator SES says live sports and news events in the last 12 months are driving uptake on its dedicated sports and events satellite distribution platform – ASTRA 1 Sports. Covering Europe, the Middle East and North Africa, the ASTRA 1 Sports satellite distribution platform was leveraged for more than 1,500 events delivered to hundreds […]

Investment bank Berenberg, in a report to clients on the likely financials from satellite operator SES due on August 3rd, is urging SES to announce a buyback of shares. SES is due to receive about $3 billion (less 18-19 per cent tax) at the end of the year as its compensation from the FCC for […]

TVRI, an Indonesian public broadcaster, in collaboration with PT Telkom Indonesia and its subsidiary Telkomsat, are putting a HD channel, TVRI World, delivered to TV homes via SES’s DTH satellites. The English-language TVRI World channel is now broadcasting across Europe via Astra 19.2 degrees East and the Middle East via YahSat 52.5 degrees East. As […]

Ten years ago, the first batch of four O3b satellites were successfully launched. July 2014 saw a second batch of four launched into orbit at 8,063 km altitude. Since those early days, SES, which owns the O3b fleet, has grown and now includes the much more powerful mPOWER fleet of craft, orbiting nearby at 8,066 […]