Eutelsat rules out Inmarsat bid

Eutelsat has ruled out making an offer for Inmarsat, just a day after it confirmed it was evaluating a possible bid for the rival satellite operator. In a statement issued today, Eutelsat said that it does not intend to make an offer for Inmarsat– a decision that will hold for six months as per rules […]

EBU names Eutelsat’s Arcidiacono as director of innovation

European public broadcasters group the EBU has named Antonio Arcidiacono as director of innovation and technology. He will take up his post on September 1, replacing Simon Fell, who left the organisation earlier this year. Arcidiacono has served as director of innovation and a member of the management committee at Eutelsat since 2008, with responsibility […]

Eutelsat revenues fall despite stable broadcast performance

Eutelsat reported a 7.4% decline (-3.3% on a like-for-like basis) in third quarter revenues at €337 million, despite reporting “stable” broadcast revenues. Video applications are Eutelsat’s core business and make up 67% of its revenues. In the third quarter video revenue came to €225.0 million, down 0.2% year-on-year. Commenting on the results, Eutelsat CEO Rodolphe […]

Eutelsat completes €302 million sale of Hispasat stake

Eutelsat has completed the sale of its 33.69% stake in Spanish satellite operator, Hispasat, to Abertis for €302 million. Eutelsat said that the divestment of its Hispasat stake is in line with its strategy of rationalising its portfolio of assets in order to maximise cash generation. The deal was completed following its recent approval by […]

Eutelsat: number of Ultra HD channels grows 26% in six months

The number of Ultra HD channels broadcast around the world has grown by 26% in the past six months to reach 125, according to Eutelsat research. Speaking at MIPTV’s Ultra HD opening session yesterday, Eutelsat’s director of global market research and customer experience, Claudia Vaccarone, described the growth as “really impressive”. Today the 125 UHD […]

Croatia’s HRT launches news channel for international audience

Croatian public broadcaster HRT is to launch new free-to-air news channel HRT-HTV 5 to an international audience on the Eutelsat satellite platform. HRT has signed a multi-year agreement to take capacity at Eutelsat’s Hotbird position at 13° East to deliver the channel to an international viewr base across Europe and the Middle East. HRT-HTV 5 […]

Eutelsat teams up with Orange in new satellite broadband project

Eutelsat has ordered a new very high-throughput Ka-band satellite to deliver high-speed broadband across Europe. Eutelsat has ordered the Konnect VHTS from Thales Alenia Space. The new craft is scheduled to go into orbit in 2021. The satellite will have a Ka-band capacity of 500Gbps and will include what Eutelsat describes as the most powerful […]

Eutelsat and Globecast launch media platform over the Americas

Eutelsat and Globecast have partnered to launch a new media platform over the Americas using the 117° West video neighbourhood. The companies will offer a media management solution for broadcasters across the Americas using Globecast’s Culver City, California teleport and the Eutelsat 117 West A satellite at 117° West – which offers coverage from Alaska […]

Eutelsat results ‘reassuring’ in face of satellite sector difficulties

Eutelsat continues to face a series of serious difficulties despite turning in “reassuring” first-half financial results, according to analysts at Berenberg. Eutelsat last week reported a 5.7% decline in like-for-like revenues to €697 million. EBITDA dropped by 7.4% to €545 million. According to Berenberg’s analysts, Eutelsat should see a boost in the second half from […]

Eutelsat ups channel footprint by 7.4%

Eutelsat’s satellites broadcast a total of 6,810 channels as of the end of December, marking a 7.4% year-on-year increase as HD penetration continued to rise. Announcing its half year results, Eutelsat said that its number of high definition channels stood at 1,275, up 28% from 997 a year earlier, implying a penetration rate of 18.7% […]

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