Viasat Reports Record Revenue in Q1 2022 With COVID Recovery satellitetoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from satellitetoday.com Daily Mail and Mail on Sunday newspapers.
Nigerian flag. Photo: Freepik
Viasat has received approval in Nigeria to operate as an Internet Service Provider (ISP), the company announced Tuesday. The satellite operator is now licensed to operate as an ISP, with a Very Small Aperture Terminal (VSAT) license and three Earth Stations in Motion (ESIM) licenses. These licenses from the
Nigerian Communications Commission are to operate within the 28 GHz Ka-band satellite frequency band.
This move ties in with Viasat’s efforts to expand its global portfolio ahead of the ViaSat-3 satellite launch in 2022, which will cover Africa, Europe, and the Middle East. The operator recently completed its purchase of
Eutelsat Communications: Third Quarter and Nine-month 2020-21 Revenues
Nine months operating vertical revenues down 3.5%
1 year-on-year
1 year-on-year, in line with expectations
Backlog of €4.5bn up 6% and representing 3.5 years of revenues
Favourable outturn of Spring 2021 renewal campaign with USG
Progress on our Fixed Broadband strategy
Regulatory News:
Eutelsat Communications (ISIN: FR0010221234 Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2021.
In millions
Rodolphe Belmer, Chief Executive Officer of Eutelsat Communications, said: This Quarter has seen some important operational milestones, notably the outcome of the Spring renewal campaign with the US administration well above historical average, while the increase in our backlog reflects our important recent commercial wins. Most notably, we are now seeing real momentum in our Fixed Broadband ramp-up with EUTELSAT KONNECT now at full coverage, enabling us to make
Viasat has completed its purchase of Eutelsat’s share of
Euro Broadband Infrastructure (EBI), the wholesale broadband services business, the company announced April 30. This purchase gives Viasat complete ownership of the KA-SAT satellite and related ground infrastructure. KA-SAT covers Europe and the Mediterranean region.
Viasat said this move diversifies its business portfolio in Europe, and sets the stage for its Europe, Middle East and Africa-focused ViaSat-3 satellite. The purchase was first announced in November 2020, with a purchase price of $166 million (140 million euro).
CEO Rick Baldridge said with the acquisition complete, Viasat will introduce new service offerings for its European broadband business.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Eutelsat Communications: First Half 2020-21 Results
February 12, 2021 GMT
Regulatory News:
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) (Paris:ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2020.
Key Financial Data
635.8
77.8
140.7
107.9
117.6
3.20
Commenting on the First Half, Rodolphe Belmer Chief Executive Officer of Eutelsat Communications, said:
“Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2%, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7%, despite the costs associated with Broadband ramp-up. Free-cash flow generation at the half year stage already amply covers the dividend paid in November. The past six months have been dynamic from a commercial point of view with the