SES has confirmed new orders for a total of six craft. Two are from Thales Alenia Space for the FCC C-band scheme, which means SES has now ordered six satellites overall for its C-band geostationary services. Adding to the flurry of orders, SES confirmed it wanted four additional satellites from Boeing for its expanded mPower […]
Giles Thorne, an equity analyst at investment bank Jefferies, said the SES results prompted a review of the satellite company’s prospects. Jefferies now rates SES a “Buy” with a share price target of €16 (they ae currently around €6.30). SES CEO Steve Collar had reminded analysts on the results call that SES is now carrying […]
Satellite operator SES has included the anticipated receipt of $3.97 billion into its forecast accounts and coming its way as a result of the FCC’s C-band restructuring order. The first batch of cash will come into the company from “mid-2021”. SES confirmed it is buying four more O3b/mPower satellites, which will result in a 90 […]
SES has made its decision for the upcoming launches for five of its planned C-band satellites. It has chosen the United Launch Alliance (ULA) to place two of its C-band satellites into orbit in 2022, whilst SpaceX gets an order for the launch of three C-band satellites. The ULA will use one of its giant […]
Satellite operator SES will issue its Q2 and half-year numbers on August 7th and a note to clients from investment bank Exane/BNPP warns that the impact of Covid-19 is likely to impact the operator, especially its Mobility division. The bank says that expectations of the operator’s Mobility revenues amongst observing banks is extremely wide, ranging […]
Video delivery specialist Harmonic is to partner with satellite operator SES for technology upgrades associated with the SES transition plan filed with the Federal Communications Commission on June 19th, 2020. The pair will work together to fast-track this deployment, freeing up spectrum for 5G while simultaneously enabling SES’s C-band customers to maintain the quality and […]
Last week it was reported that SES Americom was arguing with Intelsat’s bankruptcy court that Intelsat should pay $1.8 billion in compensation and damages to SES because of an alleged “contract violation” over the pair’s C-band Alliance (CBA) agreement and the clearance of spectrum for 5G. SES Americom is alleging that it and Intelsat had […]
On July 15th it was reported that SES Americom was arguing with Intelsat’s bankruptcy court that Intelsat should pay $1.8 billion to SES because of a “contract violation” over the pair’s C-band Alliance (CBA) agreement and the clearance of spectrum for 5G. Following the news, satellite analyst Sami Kassab from investment bank Exane/BNPP issued a […]
SES Americom, the US division of the Luxemburg-based satellite operator, is seeking $1.8 billion (€1.5bn) in damages from Intelsat which is in bankruptcy. SES is alleging that Intelsat has breached the contract between the two operators which was agreed to handle the sale of C-band frequencies over the US. The SES filing, lodged on July […]
Millions of households across Africa, Europe, and Asia-Pacific will be able to access a free-to-air TV channel via SES satellites dedicated to delivering informative content about Covid-19. The channel, titled Fight COVID-19, broadcasts content that is aimed at providing underserved and rural communities with critical information about how to limit the spread of the virus. […]