EMEA Markets - Latest Developments
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).
Iridium Communications Inc.
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.
The World Radiocommunication Conference, the international treaty-making Conference governing the global management of scarce radio-frequency spectrum as well as geostationary-satellite and non-geostationary-satellite orbits, opened today in Sharm El-Sheikh, Egypt.
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.
Highlights of the results include:
Africa’s vast, untapped human potential is on the verge of incredible technological leaps forward with the rapid spread of digital technologies across the continent, along with the growing accessibly of NextGen technology.

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.
Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite.
Virgin Galactic (VG) and Social Capital Hedosophia (SCH), a public investment vehicle, today announced the completion of their previously announced business combination. The resulting company is named Virgin Galactic Holdings, Inc. (VGH) and its common stock, units and warrants are expected to commence trading on the New York Stock Exchange under the new ticker symbol “SPCE”, ”SPCE.U” and “SPCE WS", respectively, on October 28, 2019.
AfricaCom is the place to meet everybody who’s anybody in African telecoms and technology; bringing together 15,000 attendees, 450 speakers and 500 exhibitors. Whether your focus is connectivity infrastructure, disruptive technologies, digital services or ICT strategy, this is the place to network, learn and get deals done.
