SES has released the results of its Annual General Meeting (AGM) held on April 3rd. All of the motions were carried, but there were some notable objections which while not affecting the end result proved that not all of the proposed motions were 100 per cent supported. For example, Agenda item 10 (“Determination of the […]

SES will be providing its SES Open Orbits global inflight connectivity network to upgrade the airline fleets of Uzbekistan Airways and Thai Airways’ future B787 aircraft. Through its participating partners, the SES Open Orbits network offers connectivity across the skies, provides internet speeds up to 300 Mbps and is available on all production airframes, including […]

Consolidation is running through the satellite industry. A year ago it was Eutelsat absorbing OneWeb, Viasat buying Inmarsat and more recently SES making a $3.1 billion (€2.8bn) commitment to acquire rival Intelsat. The SES/Intelsat move is expected to wrap this summer. Consolidation is also affecting smaller satellite businesses. April 1st saw Canada-based MDA announce its […]

Satellite giant Intelsat, in the process of being bought by SES, has reported declining revenues across many of its key divisions. Its ‘Transponder Revenues’ vertical, which accounts for video services tumbled 10 per cent, while its In-Flight services division fell back 9 per cent (although 6 per cent when equipment sales were included). Intelsat stated […]

Various reports on a proposed $1.5 billion Italian plan for Elon Musk’s Starlink satellites talk of the agreement being ‘cancelled’ or ‘paused’ or ‘stalled’. In its place Eutelsat’s CEO has addressed the dilemma and specifically talking up Eutelsat’s ability to fill the Italian gap. Eutelsat CEO Eva Berneke told French parliamentarians that “Starlink ties Italy […]

One of the main complaints from an SES major shareholder, Appaloosa (which holds 7 per cent of SES) was the company’s poor dividend policy. However, SES used its report to shareholders ahead of its AGM on April 4th to explain in some detail how its dividend policy would evolve, and in some respects answer at […]

EIB Global – the European Investment Bank’s global arm – and the European Commission have signed a financial package worth almost €60 million with SES, a Europe-based provider of satellite-enabled content and connectivity solutions. This initiative aims to deliver satellite connectivity to remote rural areas in Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan. Nearly half of the […]

ANGA COM, which runs from June 3rd to 5th in Cologne, has published a preview of its conference programme with a high participation of CEOs. The exhibition is also on course to break records with already 480 exhibitor registrations from 40 countries and bookings for more stand space than last year. In 2024, the Exhibition […]

Investment house Appaloosa LP, which holds funds worth more than 7 per cent of satellite operator SES, has been denied its suggestions to modernise its boardroom, shareholder structure and dividend policy. SES, in response to Appaloosa, said: “SES appreciates the perspectives of all our shareholders and their constructive ideas about our business. While the Company […]

SES has resurrected its ‘Cleosat’ filing with the ITU which lapsed in 2015. Cleosat calls for an L and S-band constellation of 62 satellites (6×10 @ 850km/86°, 1 @ 533km/97.5° & 1 MEO @ 8062km) for a potential direct-to-handset service. The original Cleosat filing with the ITU, made in 2015, was lost and expired due […]