Shareholders holding 62 per cent of Eutelsat’s shares voted to take the company’s ‘Scrip’ issue of new shares instead of drawing down the offered €0.93 per share dividend. The 18,381,330 new shares will be issued and delivered on December 16th. They will carry rights to the dividend for the financial year starting July 1st 2022 […]
Eutelsat has extended its 15-year support for Télécoms Sans Frontières (TSF) and has now become the NGO’s lead sponsor. TSF is a non-governmental organisation (NGO) focusing on emergency aid telecommunications, and the pair announced a multi-year sponsorship deal that follows on from a previous long-term partnership agreement between the two companies initiated in 2007. Eutelsat’s […]
The influential – and tenacious – Reporters Without Frontiers (RSF) organisation succeeded in winning support from France’s Council of State over Eutelsat’s carriage and redistribution of certain Russian channels. The Council of State, the nation’s supreme administrative court, has overruled French broadcasting regulator Arcom which claimed it had no authority to compel Eutelsat from carrying […]
French satellite operator Eutelsat has taken Press TV off air following the European Union’s imposition of sanctions on Iran’s English-language news network, according to a Breaking News report on the service’s website. On November 14th, the European Union imposed sanctions on a number of Iranian institutions and individuals, including Press TV, over alleged rights violations […]
Eutelsat is offering its shareholders an option, but a decision has to be made before December 9th. Shareholders have two options: They can do nothing and still receive Eutelsat’s annual dividend of €0.93 per share. The alternative is to elect to receive their dividend payment in the form of new shares. “Shareholders who have not […]
Michel Azibert has retired from his deputy-CEO role at Eutelsat. He has been in the role since 2019 and his departure was effective on November 10th following Eutelsat’s AGM. The news was not made public until an official notification was issued on December 2nd. The notification concerned his final compensation and salary entitlements along with […]
Two major shareholders in the pre-bankruptcy Intelsat, plus the former chairman, are named again by Plaintiffs in a Class Action which alleges they took part in selling off investments in Intelsat helped by inside knowledge. The complaint was originally mounted earlier in 2022, but the judge in the case dismissed the Federal Class Action, nevertheless […]
Paris-based satellite operator Eutelsat has ordered a flexible software-defined craft from Thales Alenia Space. Eutelsat says that this ‘New generation’ of high-throughput, software-defined satellite, allowing flexibility and instant reconfigurability, to adapt to changing missions. It will reinforce Eutelsat’s in-orbit assets to serve surging demand for Connectivity in the Americas. The Flexsat (for flexible satellite) will […]
Eutelsat has suffered multiple demands over its carriage of Russian channels, including its links with two major Russian pay-TV operators. Recently, 39 members of the European parliament called for Eutelsat to suspend its broadcasts to Russia. This has been followed by a letter from Ukraine’s broadcasting regulator demanding that Eutelsat take immediate action over its […]
The EU has demanded that Eutelsat and SES curtail their carriage of Russian channels. But the demands, which affect Eutelsat more than SES, are extremely tough to resolve. Almost all broadcasters have taken down RT, the former Russia Today, following on from decisions by the likes of the UK’s media regulator Ofcom. Eutelsat has also […]