SWISSto12, the Radio Frequency (RF) product and GEO small satellite manufacturer, has been selected by SES to develop large aperture electronically steered antennas for its customer user terminals for its second generation medium Earth orbit (MEO) constellation, O3b mPOWER. O3b mPOWER – operational since 2024 – is designed to bring high-performance connectivity to even the […]
Luxembourg-based satellite operator SES says its overall revenue for the 2024 full year achieved a “solid financial performance leading to revenue at the top end of the financial outlook and exceeding SES’s objectives.” Overall revenue was at €2.001bn, down 0.9 per cent YOY. The operator’s Networks division saw revenue grow +2.9 per cent YOY with […]
SES is partnering with Quvia, the AI-powered quality of experience (QoE) platform formerly known as Neuron, to advance SES’s multi-orbit connectivity solutions by enhancing network orchestration capabilities. The collaboration combines SES and Quvia technologies to manage network resources and adapt to customer demand, driving enhanced QoE for SES’s mobility, enterprise and cloud customers. SES and […]
Satellite operator SES will this year celebrate its 40th Anniversary. CEO Adel Al-Saleh has been doing the rounds with local Luxembourg press and TV to update citizens of progress at the company, and to allay fears that a recent round of 68 redundancies at its Betzdorf headquarters will be followed by more. Al-Saleh told RTL […]
It’s not been a good month for European satellite operators. Recent weeks have seen Paris-based Eutelsat suffer negative comments and a much-depressed share price. Now it is Luxembourg’s SES which is hurting. Ratings agency Moody’s cut its outlook on SES to “negative” (from “stable”) and that the operator’s long-term debt (rated Baa3) would be “under […]
SES has agreed a deal to deliver and manage video content for ATP Tour events around the world using Secure Reliable Transport (SRT) and its Sports Content Orchestration Enabler (SES SCORE) platform enabled by SES’s hybrid IP, fibre and satellite distribution network. With more than 200,000 hours of live content per year from 3,200 tennis […]
This year, Hendrik Wüst, Premier of the State of North Rhine-Westphalia, will open ANGA COM with a keynote. In the broadband sector, the confirmed speakers include the CEOs of leading network operators such as Vodafone, SES, Deutsche Glasfaser, Tele Columbus, Unsere Grüne Glasfaser, OXG Glasfaser, Deutsche GigaNetz, M-net, NetCologne, wilhelm.tel, willy.tel, 1&1 Versatel, RFT, Eurofiber, […]
Investors are increasingly concerned about the state of finances at Europe’s two giant satellite operators, SES and Eutelsat, according to a report in the FT. “The cost of buying insurance against France’s Eutelsat and SES of Luxembourg defaulting on their bonds has soared to record highs, as investors fear the two will struggle to repay their […]
The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with satellite operator SES to fund three satellites of its second-generation medium Earth orbit (MEO) system O3b mPOWER. SES has already launched eight of 13 O3b mPOWER satellites, which operate 8,000 kms away from the Earth, delivering high throughput and […]
Satellite operator SES has bought back €100 million of its perpetual bonds of which €625 million were in issue. SES’s bonds dropped sharply in mid-January after the credit desk at investment bank BNP Paribas published a note recommending investors sell the debt. The BNP Paribas report suggested that competition from new(ish) satellite players such as […]