News Analysis

Paris, France, July 12, 2016 - Eutelsat Communications (NYSE Euronext Paris: ETL) today initiated the process of divesting its stake in Hispasat by exercising the put option granted in 2008 by Hispasat’s majority shareholder, the Abertis Group. Eutelsat holds a 33.69% stake in Hispasat through its subsidiary, Eutelsat Services und Beteiligungen GmbH. Under the terms of the put option agreement, the value of the Hispasat stake will be determined by an independent expert.

Cheseaux-sur-Lausanne, Switzerland, July 8, 2016-The Kudelski Group announced today the acquisition of 100% of NexGuard Labs BV (formerly Civolution BV), a leader in digital content watermarking solutions. This move expands the Kudelski Group’s portfolio of end-to-end content protection security solutions, enriching the existing offer to content owners and pay-TV operators.

Cape Canaveral, Florida, June  16, 2016 –Spacex successfuly launched the EUTELSAT 117 West B satellite. and the ABS-2A satellites. The satellite was ferried into space by a Falcon 9 rocket that took off from SpaceX’s Space Launch Complex 40 in Cape Canaveral at 10.29 ET (14.29 UTC) and parked EUTELSAT 117 West B in a supersynchronous orbit after a 30-minute flight. The first telemetry from the new satellite has been confirmed and processed at Boeing’s Mission Control Centre in El Segundo, California.

Betzdorf, Luxembourg, June 3, 2016-SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced the pricing of an inaugural hybrid bond offering. SES has agreed to sell EUR 750 million of Deeply Subordinated Fixed Rate Resettable Securities and Coupon of 4.625%.

The June 2016  issue of  the  Satellite Executive Briefing magazine  sponsored by Amos Spacecom is now available.  Featuring:

Tysons Corner, Va., June 1, 2016--Satelite operator Intelsat S.A. today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has extended the early tender date for its previously announced tender offers (the “Tender Offers”) to purchase its 6 5/8% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5½% Senior Notes due 2023 (CUSIP No. 45824TAP0) (the “2023 Notes”) and 7½% Senior Notes due 2021 (CUSIP No. 45824TAG0) (the “2021 Notes” and, together with the 2022 Notes and the 2023 Notes, the “Securities”) for up to $625,000,000 in aggregate cash consideration (excluding accrued and unpaid interest on the Securities and excluding fees and expenses related to the Tender Offers). 

Carlsbad, CA., May 24, 2016-- ViaSat (NASDAQ: VSAT), a global broadband services and technology company, today announced financial results for the fiscal fourth quarter ended March 31, 2016.

Petah Tivka, Israel., May 18, 2016-- Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), today reported its results for the first quarter ended March 31, 2016.  Revenue for Q1 2016 was US$52.7 million compared to US$45.2 million in comparable period of 2015, an increase of 17%.

Paris, France, May 12, 2016-- Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the third quarter and the nine months ended 31 March 2016.  Revenue growth in the Third Quarter was below expectations, reflecting a worse than expected environment in several emerging markets, in particular in Latin America, where much of our new capacity is targeted and the spread of tough competitive conditions in Data Services to all markets. 

Tysons corner, Va., May 12, 2016-- Intelsat S.A., today announced that its subsidiary, Intelsat Jackson Holdings S.A.  is commencing a tender offer  to purchase its 6 ⅝% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5 ½% Senior Notes due 2023 (CUSIP No. 45824TAP0)  and 7 ½% Senior Notes due 2021 (CUSIP No. 45824TAG0) for up to US$ 625,000,000 in aggregate cash consideration (excluding accrued and unpaid interest on the Securities and excluding fees and expenses related to the Tender Offers).