News Analysis

Eutelsat Reports Revenues Down in 1Q 2019

Paris, France, October 30, 2019–Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2019. First Quarter revenues of the Operating Verticals of €316.5 million, down 6.2% like-for-like , (ie, at constant currency and perimeter).

Thaicom Reports Loss of US$ 3.75 million in Q3 2019

Nonthaburi, Thailand, October 30, 2019–Satellite operator Thaicom Public Company Limited (THCOM), announced its financial results for the third quarter ending September 30, 2019. THCOM reported revenue from sales and services for Q3/2019 of THB 1,188 million (approximately US$ 39.37 million), down by 2.3% from Q2/2019 due mainly to the churn of broadband customers. However, the utilization and revenue of broadcast services increased 1.2% QoQ from new sales.

Intelsat Posts Third Quarter Net Loss of US$ 148.3 million

Luxembourg, October 29, 2019- Satelite operator Intelsat S.A. (NYSE: I), today announced financial results for the three and nine months ended September 30, 2019. Intelsat reported total revenue of US$ 506.7 million and net loss attributable to Intelsat S.A. of US$ 148.3 million for the three months ended September 30, 2019.

Iridium Reports Net Loss of US$ 18.0 million in 3Q 2019

McLean, Va., Oct. 29, 2019 --Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2019 and updated its full-year 2019 outlook.  Net loss was $18.0 million, or $0.14 per diluted share, for the third quarter of 2019, as compared to net loss of $12.9 million, or $0.13 per diluted share, for the third quarter of 2018.  This increase in net loss was primarily the result of a $12.4 million increase in depreciation and amortization expense compared to the year-ago period.  Operational EBITDA ("OEBITDA")(1) for the third quarter was $88.5 million, as compared to $79.4 million for the prior-year period, representing a year-over-year increase of 11% and an OEBITDA margin(1) of 61%.  OEBITDA primarily benefitted from higher government service revenue and strong growth in commercial IoT and hosted payload.

EchoStar Acquires Helios Wire

Englewood, Colo., October 25, 2019 - EchoStar Corporation today announced that its subsidiary, EchoStar Global. has acquired Helios Wire, a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global.

SES Year to Date Results in Line with Expectations

Betzdorf, Luxembourg, October 25, 2019-- SES S.A. today announced its financial results for the nine months ended 30 September 2019 with financial performance continuing to be in line with SES’ expectations; sequential growth in quarterly revenue and EBITDA and financial outlook unchanged. SES reported revenue of EUR 1,451.9 million, down 3.9% at constant FX.

Proton-M Successfully Launched Two Satellites into Orbit

Baikonour Cosmodrome, Kazakhstan, October 10,  2019--On October 9, 2019, at 10:17:56 the Proton-M carrier rocket with Briz-M booster together with Eutelsat 5 West B and Mission Extension Vehicle-1 satellites successfully launched from launchpad No.39 pad No.200 at the Baikonur Cosmodrome.

 

The October 2019 issue of the Satellite Executive Briefing magazine

The October 2019 issue of  the Satellite Executive Briefing magazine  sponsored by Spacebridge is now available Featuring:

The Need for Flexibility by Elisabeth Tweedie

Executive Roundtable: The Latin American Broadband Satellite Market by Bernardo Schneiderman

GVF C21 Agenda by Martin Jarrold

Executive Spotlight: Interview with Fabien Jordan, CEO-Astrocast

Where Teleport Operators Pioneered, Satellite Operators Follow by Robert Bell

Featured Event: Africacom 2019

PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

ND SATCOM acquires TECNA Suarl

Dakar, Senegal, October 3, 2019 – ND SATCOM, the premier supplier of and integrator for innovative satellite communication systems and solutions, announced today the acquisition of TECNA located in Dakar, Senegal. This important strategic move will further enhance outreach and interaction between the company and its customers, partners and the leading communication companies in the West Africa region.TECNA Suarl has been renamed ND SatCom SENEGAL.