That the world’s major satellite operators are seeing their revenues under extreme pressure is not a surprise. That information emerges in each of their quarter-year financial reports. However, analysts at Northern Sky Research (NSR) have analysed that data for 2020 and their report makes tough reading. “At the start of 2021, the Global Satcom Industry […]
In a move to improve and scale connectivity services to its oil, gas, and mining customers throughout Peru, local telecom services provider ColinaNet will leverage SES Networks’ Managed Enterprise Services to support a broad range of advanced network applications. SES Networks says ColinaNet is pioneering its turnkey managed network solution in Peru to offer high-throughput […]
SES and Intelsat are still at legal loggerheads over the claimed $1.8 billion action by SES regarding the FCC’s 50/50 division of C-band incentive payments. Nevertheless, the pair met with Umair Javed, Legal Advisor for Wireless and International to FCC Commissioner Jessica Rosenworcel and presented a status report on their plans for clearing C-band frequencies. […]
Global Eagle Entertainment (GEE), a major supplier of in-flight entertainment and broadband connectivity to aircraft, is in Chapter 11 bankruptcy reconstruction. It entered bankruptcy on July 22nd 2020 and has subsequently struck an agreement with a number of new investors whereby a consortium will acquire almost all of GEE for $675 million. The buying consortium […]
SES Networks has won a contract to supply new satellite capacity to the north of Canada and its scattered population of Nunavut residents. Working in partnership with SSi Canada, SES says it will secure a significant increase in its satellite capacity, enhancing SSi’s ability to better serve consumers, students, government entities and businesses in Nunavut […]
European Commissioner for the Internal Market, Thierry Breton, says that he wants to propose his concept of a European satellite-based broadband network to the Commission this year. First priority would be to use a European Low Earth orbiting (LEO) public/private enterprise system and use it as a ‘gap filler’ for locations with non or low […]
Satellite operator’s video-based revenues are under pressure as broadcasters continue to go digital. The trend has generated comment from investment bank Exane/BNPP on January 13th, and which said it expected that video revenues would continue to deteriorate during 2021 for SES and Eutelsat. “In 2019 & 2020, Eutelsat had been able to report better quarterly […]
Currently neither SES, Eutelsat nor Hispasat, Europe’s three major satellite operators, have backed low Earth orbiting (LEO) systems with consumer facing broadband services. But the three say they are prepared to co-invest in the European Commission’s suggestion for an EU-wide LEO system. The European Commission is backing the concept of a dedicated LEO system for […]
Investment bank Berenberg, in its previews of media stocks for 2021, is downbeat on satellite operator SES. It is maintaining its ‘SELL’ advice to clients and gives a guide price for SES shares of just €6.80 per share. The bank downgraded SES last year and says it remains of the view that consensus forecasts will […]
SES, which is suing Intelsat with a $1.8 billion claim and due to go to trial in June, is looking to bring testimony from Ottawa-based Telesat into the dispute. At the heart of the legal dispute between SES and Intelsat is an argument over Intelsat’s handling of an alleged 50/50 agreed division within the C-Band […]