Home shoppers across the UK, Germany, Austria, Switzerland and the Republic of Ireland will continue to receive an immersive, in-home shopping experience as QVC Germany and QVC UK have extended their partnerships with SES in multi-year agreements. For QVC Germany, the extension secures capacity on SES’s prime neighbourhood at the 19.2 degrees East for QVC […]

The long-running litigation between SES and Intelsat over the FCC’s C-band compensation payments, and running since May 2020, is being held in abeyance with the agreement of both parties and Intelsat’s bankruptcy court. A joint motion presented to the court on May 6th said that if the now agreed sale of Intelsat to SES is […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has announced that its SkyEdge IV platform is enabling SES’s O3b mPower System to deliver high-performance connectivity services. SkyEdge IV is Gilat’s next-generation multi-service platform. It is the industry’s first VSAT platform enabling multi-orbit operations supporting service deployment utilising MEO and GEO Very […]

SES’s senior management briefed analysts after their April 30th announcement that SES would buy Intelsat in a $3.1 billion (€2.8bn) cash purchase. The deal is transformational, not just for SES and Intelsat themselves but for the industry as a whole. However, despite some very appealing statistics and forecasts, shareholders were extremely unhappy. Its share price […]

In a surprise announcement, SES has announced it is buying rival Intelsat with a cash payment of $3.1 billion (€2.9bn). In a press statement, SES said: “The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective […]

SES has announced that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe. With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing […]

The long-running legal battle between SES and Intelsat over more than $400 million (€375.2m) which SES is claiming out of the sum received by Intelsat from the FCC’s compensation scheme for the reuse of C-band, has been postponed. A hearing initially set for April 24th has now been rescheduled for July 17th. SES is arguing […]

April 18th saw satellite operator issue its annual dividend payments (of €0.50 per share) to shareholders. That’s the good news. The bad news is that there was the usual post-dividend share sell-off, but this year’s decline was significant. SES’s Paris bourse share price has fallen 12.5 percent over the past week to €5.53 and at […]

Satellite operator SES has opened a new 43,000 sq ft central operations hub in Virginia which will be the operator’s main US location. The new site is based in Bristow, near Manassas in Prince William County. SES already has a giant satellite ‘dish farm’ at Manassas, Virginia. As SES’s central operations hub in the US, […]

Investment bank Berenberg has downgraded satellite operator SES from ‘Buy’ to ‘Hold’. The bank has also reduced its share price target from €7.20 to €6.80. The bank’s report says that it believes that the operator’s cash warchest, made up of the receipts of the $3 billion from the FCC as compensation for releasing certain C-band […]