Isotropic Systems, a developer of transformational broadband terminal technologies, has joined the consortium led by CGI, which has been selected by the UK Department for Digital, Culture, Media and Sport, the UK Space Agency, and the European Space Agency (ESA), to develop a demonstration of a hybrid satellite communications and terrestrial network for use on […]
Intelsat’s Chapter 11 bankruptcy court has approved SES’s application to depose 4 senior Intelsat staffers including Intelsat’s former CFO Jacques Kerrest. His retirement was announced back in January 2019. Others to be deposed include Michael DeMarco (EVP/Chief Services Officer), Henrich Heuer (SVP/Finance & Treasurer until April 2020), and retired General Ellen Pawlikowski (Intelsat board director […]
Last week it was alleged by Intelsat’s lawyers that an expert witness retained by SES to provide advice in the Intelsat bankruptcy case should be excluded. Intelsat’s lawyers argued that James Millstein, co-chairman of Guggenheim Securities, had been retained on a contingent fee tied directly to his testimony. ‘Not so’ implied SES’s lawyers who commeneted: […]
Intelsat’s Chapter 11 bankruptcy court has denied a Motion from Intelsat’s lawyers to bar two expert witnesses from giving their evidence. In particular, SES had wanted to call Jane Mago as an expert witness in its dispute with Intelsat. Her evidence covers what the FCC orders and regulations mean. The second witness permitted to appear […]
The planned $7.3 billion (€6.3bn) acquisition by Viasat of Inmarsat confirms Viasat’s position as the satellite industry’s largest player in terms of revenues. But the deal could also herald a further suite of consolidations. In the words of analyst Sami Kassab, from investment bank Exane/BNPP, this transaction will help diversify Viasat’s geographic and vertical exposure, […]
Home shopping channels from HSE have renewed and extended their broadcast contracts with SES. A new multi-year contract that secures additional capacity for the organisation to broadcast its three TV channels including HSE SD, HSE HD and HSE Trend on SES’s satellites in its prime TV neighbourhood at Astra 19.2 degrees East. Reaching up to […]
SES has announced it will launch HD+ IP, a new streaming service in Germany that will provide subscribers with access to 50 HD channels and a library of VoD content without the need for a satellite, cable or DVB-T2 TV connection. Launching in December, the new HD+ IP streaming service will expand SES’s addressable market […]
It is alleged by Intelsat’s legal team that SES has engaged expert witnesses with at least one of them promised a “recovery-based” contingent fee tied directly to his testimony. The lawyers state that such fees in return for expert testimony is illegal. “Such an arrangement violates clear public policy, including the ethical rules governing lawyers […]
SES reported during its 9-months (Q3) results that HD channel growth on its fleet had taken the number of HD channels broadcasting on the fleet to “an industry leading” 3,150 channels which “reflected early signs of broadcasters considering completing their transition from SD to HD”. The move to HD and with video pricing remaining healthy […]
SES has released its 9-months trading update. Revenues (as reported) were down 6.5 per cent at €1.319 billion (€1.410 billion same period last year). SES says that its underlying revenue (excluding periodic and other) was lower by 2.7 per cent year-on-year (at constant FX) at €1,318 million. SES says that in July it spent €94 […]