SES says that communities living across the eastern most peninsula of Africa will be able to enjoy 4G services on their mobile phones following a three-year partnership agreement signed by fixed satellite solution and professional service provider, iSAT Africa and SES. The two companies have announced that this new service will be available initially via […]
An SES-led consortium is to develop the satellite/terrestrial infrastructure and roadmap for next-generation cybersecurity. A statement from the consortium said: “The Luxembourg’s Quantum Communications Infrastructure project (LuxQCI), coordinated by the Department of Media, Telecommunications and Digital Policy (SMC) of the Luxembourg Ministry of State, and supported by the European Space Agency (ESA) and the Luxembourg […]
Intelsat, currently trading as a Debtor in Possession under Chapter 11 rules, has asked its bankruptcy court to start hearing its Disclosure Statement on August 11th. The original wish was for the hearing to take place on July 27th, but that now looks likely to be postponed until August 11th, given that 28 says notice […]
Northern Sky Research (NSR) in its latest analysis says that, during the current decade, satellite manufacturing will see some 24,700 satellites launched into orbit. This forecast includes commitments from the proposed mega-constellations. “Upcoming deadlines for international
A report from analysts at investment bank Exane/BNPP suggests that the recent pair of refinancing Bonds and Notes issued by SES will themselves boost earnings/share by about 6 per cent in 203. There could also be more benefits on the horizon. SES’s share price is firmly stuck in the near-static doldrums at around €6.40-€7.00. Sami […]
SES has filed its quarterly status report to the Federal Communications Commission (FCC) saying that it has completed “nearly all” of the Phase 1 satellite transitions, and will complete the task by August 31st 2021. Moreover, SES says it has installed approximately 60 per cent of the antenna filters associated with its Phase 1 transition […]
The insider trading allegations against certain Intelsat shareholders and a key member of staff is coming to court in July. A Class Action is being heard in the US District Court (Northern District of California, at Oakland) by Judge Jeffery White. The Action revolves around allegations that Intelsat shareholders Silver Lake Group LLC and BC […]
Judge Keith Phillips, who is overseeing Intelsat’s Chapter 11 bankruptcy reconstruction, has formally confirmed that the trial date for the SES vs Intelsat dispute over FCC payment allocations will start on September 20th. A series of key requirements leading up to that date must also be met, said the Court’s order. Separately, SES is seeking […]
High View, an independent Munich-based media company, has extended its partnership with SES in a new multi-year contract and secured long-term satellite capacity. High View’s Deluxe Music channel will consequently continue broadcasting on SES’s satellites in SD and HD quality at its prime TV neighbourhood at Astra 19.2 degrees East. Reaching up to four million […]
Satellite operator SES has borrowed €150 million by way of new 1.625 per cent Notes. While the sum involved is modest by usual standards, CFO Sandeep Jalan says it further strengthens the operator’s liquidity and “at the lowest yield ever achieved by SES. The successful conclusion of this bond offering reflects the market’s view of […]