Eutelsat and Nilesat agree partial renewal of 7° West agreement

Satellite operators Eutelsat and Nilesat have agreed partial renewal terms for Ku capacity at Eutelsat’s 7° West position, part of the 7/8° West video hotspot, for broadcast services across the Middle East.  The multi-year, multi-transponder agreement represents the partial renewal of capacity by Egyptian operator Nilesat at what Eutelsat describes as enhanced terms. Eutelsat and […]

Zeonbud selects Eutelsat for Ukrainian distribution

Eutelsat’s 9° East position has been selected by Zeonbud to distribute its content in Ukraine. Zeonbud is the nationwide Digital Terrestrial Television operator transmitting Ukraine’s 33 major channels. It reaches approximately 40% of the population and covers 95% of the territory. The long-term contract signed with Eutelsat will see the operator leverage the EUTELSAT 9B […]

Eutelsat CEO Belmer to take over at Atos

Eutelsat CEO Rodolphe Belmer is leaving the company to take over as the chief exec of IT consulting firm Atos. Belmer, the former boss of Canal+, has been CEO of Eutelsat since March 2016. The company has praised the exec for implementing a strategy of “strict operating and financial discipline” while setting Eutelsat “on its […]

Deutsche Telekom and Eutelsat announce satellite broadband deal for rural Germany

Deutsche Telekom and Eutelsat have announced a partnership to provide remote areas in Germany with high-speed satellite broadband. Deutsche Telekom will utilise the EUTELSAT KONNECT satellite for high-speed broadband Internet offers in households in Germany with limited internet connection.  EUTELSAT KONNECT has a total capacity of 75 Gbps and is capable of offering speeds of […]

Eutelsat increases OneWeb stake

Eutelsat Communications has increased its shareholding in UK communications network company OneWeb. The French satellite operator has increased its stake from 17.6% to 22.9% for US$165 million. This builds on Eutelsat’s initial investment of US$550 million in OneWeb that was announced in April. Eutelsat’s 22.9% holding will make it the second largest shareholder behind Bharti […]

Eutelsat rejects surprise offer from Altice’s Patrick Drahi

Eutelsat has rejected an offer from Altice boss Patrick Drahi to acquire the company. Drahi offered €12.10 a share for the satellite operator, a price confirmed by Eutelsat after Drahi’s move was initially reported by Reuters. “Pursuant to market rumours, Eutelsat Communications confirms that it has received an unsolicited, preliminary and non-binding proposal from Patrick […]

Reversal of fortune: Berenberg on SES and Eutelsat

In a notable reversal of their analysis of the two companies’ prospects earlier this year, analysts at Berenberg have published a ‘buy’ recommendation for satellite operator SES and downgraded rival Eutelsat to ‘hold’. The upgrading of SES to ‘buy’ is largely based on the fact that the Luxembourg-based operator is due to receive post-tax proceeds […]

Eutelsat launches first full software-defined satellite

Eutelsat has announced the successful launch of its first full software-defined satellite. The EUTELSAT QUANTUM satellite was launched into Geostationary Transfer Orbit by Arianespace using an Ariane 5 rocket that lifted off from the Guiana Space Center in Kourou, French Guiana on July 30. The satellite, built by Airbus Defence and Space, is to be […]

Eutelsat continues to reduce debts in ‘solid year’

Satellite operator Eutelsat has seen its revenues drop by 3.5% for the end of its 2020-21 financial year, but the company is positive after a ‘solid year’. Following a pandemic year which has hit the entire industry, the operator saw its total revenues dip from €1.28 billion to €1.23 billion, while EBITDA was also down […]

TIM tests satellite internet service to overcome Italy’s digital divide

Italian operator TIM has launched a test of a satellite internet service. The service, utilising Eutelsat’s Konnect satellite, promises to offer TIM landline customers fast internet connectivity even if they are out of the broadband and ultrabroadband network. Italy is notorious for its awkward broadband coverage in rural areas, with the country’s geography often making […]

1 2 3 34