Eutelsat Communications has announced a global, multi-year Distribution Partnership Agreement (DPA) with low Earth orbit (LEO) satellite communications company OneWeb. Agreeing a deal to access OneWeb capacity, Eutelsat said that the agreement will pave the way for it to commercialise OneWeb services across key verticals including Maritime, Aviation, Enterprise, Telcos and Government. The announcement comes […]
SES seems currently to be better placed as an investment opportunity than rival satellite operator Eutelsat, according to analysts at Berenberg – a reversal of the bank’s view of the two companies in past years. In Berenberg’s view, SES makes a more compelling investment as it executes the launch of nine medium Earth orbit and […]
French satellite operator Eutelsat has experienced a drop in broadcast revenues, leading the company to push back its financial targets. The company’s shares dropped by 5% in reaction to the news, with the operator expecting revenue to drop to €1.11-1.13 billion for its five key businesses for its fiscal year which ends in June. This […]
Satellite operator Eutelsat has extended its carriage partnership with Marlink. The Global Maritime Partnership supports expansion in Africa and the Middle East. It focuses on connecting all aspects of the maritime industry including shipping, offshore, cruise/ferry, yachting and fishing. The expanded partnership – extending a deal initially agreed in 2019 – will continue to expand […]
Satellite operator Eutelsat continues to face a decline in revenue and earnings, with no immediate sign of a merger or acquisition in sight and risks to guidance posed by an imminent change in leadership, according to a downbeat assessment by analysts at Berenberg. Berenberg’s analysts believe that telecoms tycoon Patrick Drahi’s recent bid for the […]
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 […]
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 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 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 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 […]
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