Analysts at investment bank BNP/Paribas, in a report on the media sector and satellite activity, suggest that the existing market (notably Europe’s two satellite giants SES and Eutelsat) could be affected by the EU’s decision on plans for a European-financed Low Earth orbiting constellation. The bank says: “In 2022, the EU is likely to make […]
Globecast, the global solutions provider for media, has announced that GAC Media, home to GAC Family and GAC Living channels, has chosen its cloud playout services, along with satellite distribution, to support both networks. GAC Family and GAC Living launched in September 2021 as new destinations for family-friendly programming. GAC Family (formerly Great American Country) debuted […]
SES is just a few weeks away from launching its next – and significantly more powerful – batch of O3b satellites. SES is anticipating the launch of three new satellites in Q1 to join the existing O3b fleet of Medium Earth orbiting (MEO) craft. The second batch of another three will launch in Q2. These […]
A report from investment bank Berenberg says SES is “on track” to receive post-tax C-band proceeds of over 80 per cent of its market capitalisation in just over the next two years. The bank says: “This creates significant optionality for shareholder returns, balance sheet repair and disciplined investment. As phase one C-band proceeds are received […]
The much-delayed legal action from SES against Intelsat over the division of FCC C-band incentive payments is scheduled to begin on February 7th. Two weeks have been allocated for the action. While subject to last-minute delays and Court rules over the Covid anxieties, the lawyers in the action have agreed that witnesses might appear in […]
This past year has been full of continued Covid problems and a near-absence of lucrative cruise ship passengers and crews as well as much-curtailed airline traffic which combined to severely limit revenues for In Flight business communications and cruise holiday-makers (and their families). However, the consensus from satellite industry executives is that while this past […]
Luxembourg, the domicile of satellite giants SES and Intelsat, has announced that its Luxembourg Future Fund (LFF) will invest in Canada’s NorthStar Earth & Space. The new investment will build on the partnership between Luxembourg’s Ministry of the Economy and the Canadian-based company. NorthStar claims to be the first commercial service aiming at monitoring space […]
Intelsat’s last-minute set of reorganisation agreements, the 6th Supplemental Declarations, as part of its Exit Plan reached on December 16th with some of its – relatively modest – remaining creditors should now enable the satellite operator to fully emerge from bankruptcy early in the New Year. There are some legal hurdles ahead, not least the […]
Dataxis has published its latest report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming […]
SES’s satellite-based trunking services will enable leading Colombian fibre optic networks service provider Integra Multisolutions (IMS) to extend and enhance fibre-like connectivity for Colombian municipalities with fewer than 100,000 inhabitants located out of the reach of terrestrial infrastructure. The new service will begin on SES’s O3b medium earth orbit (MEO) constellation and later migrate onto […]