Eutelsat Communications has entered into an agreement with OneWeb for the subscription of a c.24% equity stake, becoming a leading shareholder of the company alongside the UK Government and Bharti Global. Eutelsat will invest $550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorisations.
Eutelsat Communications emits over 6,000 channels worldwide via its satellite fleet. Following an open letter issued by NGO Safeguard Defenders, Eutelsat reiterates that it is not within its remit to judge the content and suspend the broadcast of a channel under contract without an injunction from a competent authority. In the case of non-European channels, the responsibility ...
Eutelsat Communications and The Rural Connectivity Group (RCG), a joint venture between New Zealand's three mobile network operators, have signed a contract to bring an upgraded telecommunications network to New Zealand’s Chatham Islands.
Eutelsat Communications has signed a contract with Airbus for the procurement of EUTELSAT 36D to succeed EUTELSAT 36B, expected to reach its end of life at the end of 2026, at its key 36° East orbital position.
•Ongoing resilience in Covid-19 context with stable operating vertical revenues quarter-on-quarter •High level of Free Cash-Flow generation comfortably covering dividend •Substantial progress in Fixed Broadband strategy paving the way for future return to growth •Solid start of the year enabling to raise the low end of our FY20-21 revenue objective and to absorb negative perimeter impact in H2
The European GNSS Agency (GSA) has selected Eutelsat Communications for the development, integration and operation of its next-generation EGNOS GEO-4 service. The contract agreed between Eutelsat and GSA covers 15 years of service provision and represents a total value of €100m, of which €85m subject to the confirmation of funds allocated to the EGNOS program from the European Union budget...
Eutelsat Communications’ and TelOne (Pvt) Limited, one of Zimbabwe’s leading Internet Service Providers, have signed a master service agreement to bring high quality satellite broadband to Zimbabwe.
Liquid telecom, Africa’s leading telecoms group, has renewed and expanded its Ku band capacity agreements on Eutelsat Communications’ (Euronext Paris: ETL) EUTELSAT 7B satellite. Under this multi-year, multi transponder agreement, Liquid Telecom will further leverage the unparalleled coverage of Sub-Saharan Africa of the 7° East orbital position to extend its VSAT services.
In an exclusive agreement, ESR, already the leading premium quality video gaming channel in the US, will make its content available in Europe for the first time in 24/7 HD linear format from February 2021, leveraging the unparalleled coverage of EUTELSAT HOTBIRD, with its reach of over 135 million TV households.
- Multi-year agreement leveraging EUTELSAT KONNECT satellite - Ensuring immediate, ubiquitous, high quality broadband service to customers living in the digital divide Eutelsat Communications’ konnect has signed a framework agreement with its distribution partner InterSat to provide connectivity services to the Post Office in Côte d’Ivoire.
Eutelsat Communications announces the appointment of Anne Carron in the role of Chief Human Resources Officer. Anne joins Eutelsat after an extensive and diverse career supporting the growth and transformation of companies; first as a Corporate and M&A lawyer at Linklaters, and subsequently within the Carrefour Group in the posts of Deputy Legal Director and latterly Human Resources Director.
The European Investment Bank (EIB), the long-term lending institution of the European Union, and Eutelsat, one of the world’s leading satellite operators, announced a €200 million financing agreement at the European Space Conference today. This eight-year loan will back investments related to the procurement and launch of the KONNECT VHTS satellite for the provision of advanced broadband ...
