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•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 ...
The European Commission has selected a consortium of European satellite manufacturers, operators and service providers, telco operators and launch service providers to study the design, development and launch of a European-owned space-based communication system.
Leveraging the availability of the EUTELSAT KONNECT satellite, Eutelsat Communications’ new direct arm, konnect, has kick-started the retail distribution of next-generation satellite Broadband across Europe and Africa. The service is currently being rolled out across both continents, with broadband packages designed to address the needs of individuals, small businesses and institutions ..
Completing the reorganisation of broadband distribution in Europe Preparing for commercialization of EUTELSAT KONNECT and KONNECT VHTS satellites Eutelsat Communications has agreed the disposal of its 51% stake in Euro Broadband Infrastructure (EBI), the company operating the KA SAT satellite, and related European broadband business to Viasat Inc ...
Eutelsat Communications has signed a Letter of Agreement with TIM for wholesale capacity on the EUTELSAT KONNECT and KONNECT VHTS satellites which will enable Italian households, even those living in the most isolated areas, to benefit from very high-speed fixed broadband via satellite from January 2021.
Eutelsat Communications announces the successful entry into service of its new-generation EUTELSAT KONNECT High Throughput Satellite at the 7° East orbital position. Launched aboard an Ariane rocket on 16 January 2020, the availability of EUTELSAT KONNECT had been delayed due to Covid-related interruptions in the roll-out of the ground segment, but having now completed its testing, this much ...
Eutelsat Communications announces the appointment of Pascal Homsy as Chief Technical Officer. Pascal joins Eutelsat from Thales Alenia Space where he was head of the Space Telecommunications Business Line. He brings with him some 30 years’ experience of senior management positions within major international groups ...
Eutelsa t Communications (Euronext Paris: ETL) has successfully launched Sat.tv, its enhanced Electronic Program Guide for FTA channels. The service is already operating at the 7/8° West position, serving over 56 million Arabic-speaking homes across the Middle East and North Africa and is being progressively deployed at other Eutelsat video neighborhoods.
Rodolphe Belmer, Chief Executive Officer of Eutelsat Communications, said: “Eutelsat has made a solid start to the year, with Operating Verticals revenues in line with expectations and a backlog of €4.4bn, up 3% year-on-year. Highlights of the First Quarter include the renewal of the Sky Italia contract at HOTBIRD, confirming the ongoing relevance of satellite in Western Europe ...
Eutelsat Communications’ HOTBIRD video neighborhood has been selected by Switzerland’s Kabelio AG for the launch of a new Swiss direct to home HD platform. This multi-year contract will enable Kabelio to leverage the unparalleled reach of Eutelsat’s premier hotspot to launch a service targeting Swiss audiences both at home and throughout Europe.
Launch and pricing by Eutelsat S.A. of a €600 million 1.500 per cent Eurobond due 2028 to refinance its bonds due June 2021 Eutelsat Communications today announced the successful issue by Eutelsat S.A., of 8-year senior unsecured bonds (the “Bonds”) for a total of €600 million.
Highlighting Eutelsat’s capabilities to support customers by providing satellite operation services for commercial or governmental use. Eutelsat Communications and Ovzon AB have entered into a long-term agreement for the provision of satellite control services following a competitive bidding process involving all major satellite operators.
Azam TV has completed the migration of its video platform from the EUTELSAT 7B to EUTELSAT 7C satellite, with a multi-year extension of the existing contract and an incremental capacity commitment.
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