Investment bank Berenberg, in a report on Eutelsat, says the Paris-based satellite operator is struggling to persuade investors that its merger with OneWeb makes sense. “The transformative deal, first announced in July 2022 and planned to complete in calendar Q2/Q3 2023, changes Eutelsat’s investment case from a highly cash-generative, dividend-paying value stock to a non-cash-generative, […]

Investors didn’t much care for Eutelsat’s half-year financials issued on February 17th. Eutelsat’s share price fell 8.95 per cent on the day to €6.46 per share, a worrying low-point for the past 12-months and a 64.99 per cent collapse on the past  five years. It is also an all-time low for the company’s shares. The […]

Eutelsat has unveiled its H1 numbers for its 2022-2023 financial year. There was plenty of good news, despite the headline number which showed its total revenues (like for like) falling 6.1 per cent to €574 million. These numbers translated into some strong revenue falls. For example, Broadcast revenue fell 6.7 per cent. Data & Professional […]

Airbus has entered into a contract with the Ministry of Defense of Belgium to provide tactical satellite communications for 15 years. The Belgium Armed Forces will use channels of the Airbus Ultra High Frequency (UHF) military communications hosted payload aboard the Airbus-manufactured commercial Eutelsat 36D telecommunications satellite. Eutelsat 36D is due for launch in 2024. […]

Eutelsat has decommissioned its 5WA satellite. The craft, designed for a 15-year mission, actually lasted more than 20 years. Launched in 2002, it has now been repositioned to a high ‘graveyard’ orbit some 400 kms higher than the usual geostationary arc which is the normal position for giant communications satellites. Eutelsat described the long lifetime […]

In June 2022 Eutelsat, via a commitment to the ITU’s ‘Partner2Connect’ initiative, pledged to connect 1 million underserved people in sub-Saharan Africa by 2027. Eutelsat says it is well on its way to that goal having reached the 200,000 mark for connections to its Konnect WiFi hot-spots in the region. Operating over Africa, Konnect is […]

Eutelsat’s Inter-governmental organisation is the supervising segment of Eutelsat which ensures that the satellite operator maintains its legal and Treaty obligations with respect to member signatory states. It recently held its AGM. Eutelsat IGO ensures continuity of the rights to use radiofrequencies and orbital locations which were assigned collectively to the Member States and the […]

Russia says the banning by regulators of broadcasting Russian channels by the likes of Eutelsat is a restriction on the freedom of speech. Russian Foreign Ministry spokeswoman Maria Zakharova, speaking on December 29th, said that the West’s crackdown on Russian media was not only “a flagrant violation” of freedom of speech, but was also “discriminatory […]

Eutelsat has issued a statement confirming that, on December 21st,  it had “ended all involvement in the broadcasting of three [Russian] channels Rossiya One, Pervyi Kanal and NTV, within the prescribed 7-day compliance period.” “Pursuant to the Council of the European Union (EU) Regulation 2022/2474 of 16 December 2022, these three channels as well as […]

France’s media and broadcasting regulator, Arcom, has ordered Paris-based Eutelsat to stop broadcasting three Russian channels – Rossiya 1, Perviy Kanal and NTV. Eutelsat says it will take the channels off air, however it could be a problem in that NTV+ and Tricolor, two Russian pay-TV bouquets, also include in their multiplexes channels from other […]