Satellite operator SES has signed a new contract with German auction shopping channel 1-2-3.tv. SES says that, under a new long-term partnership agreement, 1-2-3.tv will continue broadcasting its SD and HD live auction programme on SES satellites, and online. 1-2-3.tv is Germany’s leading omnichannel auction platform that reaches over 2 million viewers via TV, online […]
The SES vs Intelsat $1.8 billion dispute must have the lawyers on both sides rubbing their hands with glee. SES is suing Intelsat and alleging in its writ that Intelsat “betrayed its faithful contractual partner in a brazen attempt” to steal approximately $450 million. This case, alleges SES, will hold Intelsat accountable for its “unlawful […]
Intelsat’s bankruptcy court on December 3rd said the dispute between SES Americom and Intelsat would go to trial next June. The news coincides with a 126-page filing to Intelsat’s court from SES which pulls no punches in its claims. At the heart of the legal dispute between SES and Intelsat is an argument over Intelsat’s […]
SES has renewed and extended a contract with German-language channels in Southern Africa. Satellite TV viewers across sub-Saharan Africa will be able to continue watching German TV channels offered by Satelio in Namibia and Deukom in South Africa. Satelio and Deukom are operated by Deutscher Televisionsklub Betriebs GmbH and transmitted from a key SES orbital […]
Next week sees the start of the Federal Communications Commission’s (FCC) auction of satellite C-band spectrum in the US. Satellite operators are in the process of clearing a total of 280 MHz of spectrum in the C-band (3.7-3.98 GHz) for repurposing for 5G use. Most observers expect the auction to generate billions of dollars to […]
SES Government Solutions (SES GS) has been awarded an Advanced Battle Management System (ABMS) tests contract that allows to compete for individual task orders that together have a ceiling value of $950,000,000. The agreement is aimed at achieving the maturation, demonstration and proliferation of capability across platforms and domains, leveraging open systems design, modern software […]
A pair of detailed reports to clients from investment bank Berenberg makes for good reading for Eutelsat but delivered negative advice as to the state of prospects for arch-rival SES. As for Eutelsat, Berenberg’s analyst Robert Berg says that the satellite operator’s shares are “still cheap”. The bank’s note says: “We reiterate our ‘Buy’ rating […]
Viasat of California is in the final test stages of its antenna development programme for SES and its Middle Earth orbiting satellites. Prototypes should be delivered early in 2021. SES’ Stewart Sanders, EVP/O3b mPOWER Programme Lead at SES, in a statement said: “The flexibility designed into the Viasat phased array antenna will enable our current […]
Europe’s two big names in satellite communications saw large uplifts to their share prices thanks to the news about a probable Covid-19 vaccine. Eutelsat rose a significant 9.56 per cent on November 10th (and at one point hit €9.70). SES rose 3.9 per cent to €7.99 (and at one point touched €8.12) per share. The […]
Intelsat is currently working its way through its Chapter 11 bankruptcy reorganisation. Prior to the declaration of bankruptcy, the company’s debt burden was some $15.2 billion. It was massively weighed down by interest payments on that debt, costing the company more than $200 million per quarter-year. Intelsat says it is looking to mitigate a major […]