August 19th is a busy day for Judge Keith Phillips in his bankruptcy court. A morning session has listed eight motions related to the sealing of sessions (that is holding hearings in complete privacy). Other elements to be decided include SES’s application for Summary Judgement in its $1.8 billion claim against Intelsat. However, the United […]
SES and Boeing showcased the O3b ‘second generation’ of mPower satellites in a virtual unveiling event direct from El Segundo, California on August 17th. Boeing is building 11 of the O3b mPower craft. They will operate at 8000 kms over the Earth. SES CEO Steve Collar told journalists that the first three O3b mPower satellites […]
SES and Intelsat have listed their respective witnesses for the upcoming trial between the two litigants over the SES claim for a larger share of the FCC’s incentive payments in regard to their alleged C-band agreement. The action is expected to commence on September 20th. The two parties were obliged to issue their list of […]
Both SES and Intelsat are seeking an expedited hearing and court approval for a ‘sealed session’ for an upcoming hearing on August 19th as part of the pair’s litigation in the overall C-band dispute to be heard on a confidential basis. The two litigants stated to Intelsat’s Chapter 11 bankruptcy court: “These [August 19] motions […]
SES saw an impressive jump in its share price on August 4th, up 8.96 per cent to €7.07 per share (and at one point hitting €7.13) helped by favourable analyst comments and a general air of optimism backed by solid results. Steve Collar told analysts that the decline in Video division revenues was easing (“flattening […]
SES highlighted its “improving trajectory” of Video revenues for the six months to June 30th which were 3.9 per cent down y-o-y at €526 million. SES’s argument is that last year, its lost revenue position for H1 trading was at -8 per cent down. Its Networks division’s underlying revenue of €349 million was flat compared […]
Another clutch of legal Motions were filed on August 2nd to Intelsat’s bankruptcy court by both parties in the bitter dispute between SES and Intelsat. Lawyers for Intelsat filed their Motion for the court to dismiss the SES demand for Summary Judgement in the SES claim, which – in essence – is demanding a 50/50 […]
Satellite operator SES has announced an extension of its partnership with Orange to serve maritime customers with digital broadband services. “With this innovative agreement, Orange will integrate its own global infrastructure with the global network coverage powered by SES Networks’ Skala Global Platform. Together it will enable Orange maritime customers to cost-effectively scale up their […]
Three sets of Intelsat-related court actions will come before the courts during August. August 18th will see the adjourned hearing on Intelsat’s Chapter 11 bankruptcy disclosure statement take place. It will take place at the US bankruptcy court for the Eastern District of Virginia. The hearing will focus on Intelsat’s bankruptcy reorganisation/exit scheme filed before […]
SES has announced a contract with NewSpace India Ltd (NSIL) for 9 transponders on its SES-8 satellite. SES-8 was launched on a SpaceX Falcon 9 rocket in December 2013 to the 95 degrees East orbital slot. It has 33 Ku-band transponders so this nine transponder deal represents more than 25 percent of the satellite’s overall […]