Eutelsat and SES: a tale of contrasting fortunes

Satellite operators Eutelsat and SES will experience contrasting fortunes in the near term, with Eutelsat positioned to fare better than its Luxembourg-based rival, according to analysts at Berenberg. According to Berenberg, Eutelsat and SES have diverged strategically over the last few years, with the Paris based operator focusing on generating free cash flow and cultivating […]

SES weathers pandemic to produce solid quarter

Satellite operator SES has announced solid performance for the year to date and is on course to meet its targets for 2020 in spite of the global Covid-19 pandemic. The operator has seen networks revenue increase by 7.5% year-over-year, with video revenue stable for the quarter. The company’s EBITDA was at €883 million, which represents […]

Canal+ signs long-term distribution extension with SES

Vivendi-owned Canal+ has signed a series of long-term agreements with SES for satellite capacity across three regions. The multi-transponder deal will see SES deliver Canal+’s content to more than 10 million subscribers via 9.2 degrees East, 23.5 degrees East and 22 degrees West. SES said that the new contract represents additional secured backlog of over […]

Eutelsat better placed than SES, says Berenberg

Satellite operator Eutelsat is a better bet for investors than rival player SES, according to analysts at Berenberg, who argue that the Paris-based operator’s video business and cash flow, bolstered by its recent contract renewal with anchor customer Sky Italia, place it in a stronger position than its Luxembourg-based competitor. Berenberg says that the Sky […]

SES adds C-band windfall to outlook, sees broadcast revenues drop

Satellite operator SES has included guidance on its expected C-band relocation windfall in the US in its quarterly results for the first time, with proceeds from the US$3.97 billion in accelerated payments now included in its financial projections. SES said that full execution of transition plan underway following unanimous election to accelerate clearing by satellite […]

SES taps Harmonic for upgrades for C-band transition

Satellite operator SES has turned to technology outfit Harmonic for technology upgrades associated with the C-band transition plan filed with the US FCC in June. Harmonic said the pair would work together to fast-track the deployment, to free up spectrum for 5G while enabling SES’s C-band customers to maintain the quality and resilience of video […]

BBC Studios chooses SES for playout and distribution

The BBC’s commercial arm BBC Studios (BBCS) and its UK channel subsidiary UKTV have chosen satellite operator SES to manage the playout and distribution of over 50 linear channels and their associated video on demand services.  SES will provide playout, content processing, distribution, and VOD services, delivering BBCS and UKTV content to a network of […]

UHD TV penetration seeing ‘phenomenal’ growth in UK, says SES

UHD TV set penetration is growing phenomenally fast in the UK, according to satellite operator SES’s latest Satellite Monitor survey, an online presentation of which was webcast this morning. Satellite remains the leading platform in the UK, surveyed for the first time since 2016. Some 12.9 million homes use OTT TV as a complement to […]

SES results in line with expectations, but crisis presents challenges

Satellite operator SES has posted Q1 results broadly in line with expectations, but remains vulnerable to the coronavirus-related slowdown, according to analysts. SES posted revenues of € 478.9 million, in line with prior period on a reported basis but down 1.9% at constant currency. Underlying revenue was down 2.2%, with core video revenue down 7.8% […]

SES satellites grow their reach

The number of homes reached directly or indirectly by satellite operator SES grew by 12 million last year to 367 million, according to the operator’s latest Satellite Monitor market research. Direct-to-home satellite and cable reception grew by nine million in 2019 to 153 million and 149 million homes respectively. IPTV and terrestrial TV distribution via […]

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