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Eutelsat takes company-wide measures to counter slow market

2016-06-27 11:41:00| Telecompaper Headlines

(Telecompaper) Eutelsat has announced a major reorganisation. CEO Rodolphe Belmer noted slowing momentum for traditional businesses within the fixed satellite services sector and said the company must adapt its strategic priorities and financial objectives. Belmer said the company's immediate priority will be to maximize the free-cash-flow generation of its core businesses, with the objective of returning to broad top line stability in full year 2017-2018. To achiever this, the company will reduce capex, reshuffle debt, and streamline assets, and then focus on returning to growth.

Tags: market takes counter slow

 

EUTELSAT 117 West B placed into orbit

2016-06-15 19:00:39| Digital TV News

Eutelsat (Paris: ETL) has confirmed the successful launch of its EUTELSAT 117 West B satellite. The satellite was ferried into space by a Falcon 9 rocket that took off from SpaceXs complex in Cape Canaveral and parked EUTELSAT 117 West B in a supersynchronous orbit.

Tags: west orbit eutelsat

 
 

ONT to broadcast Tunisian channels to West Africa on Eutelsat

2016-05-24 12:30:36| Digital TV News

The Tunisian broadcasting corporation (ONT) has signed a multi-year contract with Eutelsat (Paris: ETL) to broadcast its new subscription-free TV platform across North and West Africa on EUTELSAT 7 West A.

Tags: west africa ont channels

 

Eutelsat lowers guidance after weak sales in LatAm

2016-05-13 11:33:00| Telecompaper Headlines

(Telecompaper) Satellite operator Eutelsat said revenues for its third quarter to end March reached EUR 383 million, up 4.2 percent from the year before, or 1.1 percent on a like-for-like basis. The operator said revenue growth came in below expectations, forcing it to lower its guidance and rethink its company-wide growth strategy. Revenues in Q3 reflected a worse than expected environment in several emerging markets, in particular in Latin America, where much of the company's new capacity is targeted, and the spread of tough competitive conditions in Data Services to all markets.

Tags: sales guidance weak lowers

 

EUTELSAT 7B chosen by Liquid Telecom for Africa DTH

2016-05-03 12:30:21| Digital TV News

Eutelsat (Paris: ETL) has announced an agreement with Liquid Telecom for multiple transponders on EUTELSAT 7B. Liquid Telecom will use the satellite to service its broadcast requirement for DTH services across the African continent.

Tags: africa chosen liquid telecom

 

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