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 […]
WeltN24, a subsidiary of Axel Springer, will be launching its new free-to-air, HD news channel, BILD, in August via SES’s prime Astra neighbourhood 19.2 degrees East in a new multi-year capacity agreement. The new agreement will also see SES continue to broadcast Welt and N24 Doku, two channels that are also owned by WeltN24. Additionally, […]
SES has filed various Motions in front of Intelsat’s bankruptcy court ahead of a planned hearing on the SES application for a summary judgement in its case for a 50/50 split of the FCC’s incentive payments. The FCC payments are in respect of the C-band reallocation over the US. Some of the key elements in […]
The Government Solution division of satellite operator SES has secured a US contract to extend connectivity at the Thule, Greenland air base. The contract is valued at $14.5 million. SES says its solution leverages C-band technology, which is highly resilient to weather effects, and provides a dedicated reach-back beam leveraging single hop connectivity directly to […]