Eutelsat claims top spot in key West African markets

Eutelsat has claimed the status of satellite market leader in the west African markets of Nigeria, Cameroon and Côte d’Ivoire after a Nielsen study of TV reception in these markets showed the operator had a leading share of the DTH installed base in Cóte d’Ivoire, a majority share of the DTH base in Cameroon and […]

Eutelsat looks to telcos’ expanding TV reach after disappointing Q1

Satellite operator Eutelsat turned in disappointing first quarter results, with total revenues slipping by 2.7% year-on-year to €335.1 million, and was forced to cut its full-year revenue target after failing to secure a US government contract renewal. The core video business, which accounts for two thirds of the operator’s revenues, was down 1.7% to €217.2 […]

4KUNIVERSE channel to launch across EMEA

4KUNIVERSE, a 4K, high dynamic range (HDR) general entertainment channel, is due to launch over Europe, the Middle East and Africa after agreeing a deal with Eutelsat. The channel is due to launch on Eutelsat’s Hotbird video neighbourhood on November 1 and will be capable of reaching cable and IPTV networks. 4KUNIVERSE will air original […]

Eutelsat appoints Technicolor exec as chief innovation officer

Eutelsat has appointed former Technicolor executive, Gary Donnan, as chief innovation officer. Reporting to CEO Rodolphe Belmer, Donnan will be tasked with defining Eutelsat’s innovation roadmap and developing innovation initiatives across the group. He will also focus on creating stronger links with innovative companies in order to step up the roll-out of emerging technologies at […]

Satellite giants partner to drive US 5G access

Leading global satellite operators Intelsat, SES, Eutelsat and Telesat have created a consortium called the C-Band Alliance, or CBA, which they believe could open up new spectrum for 5G services. Focused on the US, the four partners claim that the formation of the CBA “demonstrates the industry alignment necessary to make mid-band spectrum available quickly, […]

Eutelsat raises €800m by issuing bonds

Eutelsat has issued seven-year senior unsecured bonds for a total of €800 million, taking advantage of what it termed as a “current competitive market” for raising long-term financing. The bonds will be issued at 99.4% and will be redeemed at 100% per cent of their principal amount when they mature on October 2, 2025. “The […]

Eutelsat taps Nagra for Cirrus

Eutelsat has tapped technology outfit Nagra to provide its OpenTV Signature Edition platform to power its new satellite and OTT combined platform Cirrus, which was unveiled yesterday. Eutelsat said Cirrus will provide a content delivery solution via satellite and OTT to operators seeking to launch or upgrade their service – offering the benefits of quickly […]

Eutelsat appoints IBM veteran as EVP of sales and products

Eutelsat has appointed former IBM executive Philippe Oliva as executive vice-president of sales and products. Oliva is due to take up his new role on September 3 and will report to deputy CEO and chief commercial and development officer, Michel Azibert. He is due to succeed Azibert as commercial director during 2019, with Azibert set […]

Eutelsat sells stake in 25B satellite to Es’hailSat

Eutelsat has sold its interest in Eutelsat 25B to the satellite’s co-owner Es’hailSat for €135 million. Eutelsat described the 25.5° East satellite as a “non-core asset” and said the sale was part of its policy of maximising cash generation. The satellite generated revenues of roughly €16 million for Eutelsat in full-year 2018 from video services. […]

Eutelsat meets full-year financial objectives

Eutelsat delivered on its financial objectives for full year 2017/18, despite reporting a decline in revenue and earnings. For the year ended June 30, the company reported revenue of €1.41 billion, down 4.7% year-on-year but above analyst expectations. EBITDA dropped 5% to €1.08 billion. Video applications, which account for 66% of the company’s revenues, contributed […]