Video revenue declined 12.3% to EUR 260 million , which the company attributed to further sanctions imposed on Russia. Fallacher said the sanctions impact was expected to be about EUR 16 million for full-year 2025-2026, on top of underlying trends in what he described as a mature business. Despite the pressure, management pointed to renewals including beIN for DTH distribution across the MENA region at the 7/8 degrees west neighborhood, and a multi-year, multi-transponder renewal with Polsat at HOTBIRD.“Oth ...

Core Insights - Eutelsat, a satellite operator supported by the French and British governments, has placed an order for 340 new satellites for its OneWeb low Earth orbit network from Airbus [1] Company Summary - Eutelsat is expanding its satellite network by ordering 340 new satellites, indicating a significant investment in low Earth orbit technology [1] - The partnership with Airbus highlights the collaboration between government-backed entities and private aerospace companies in advancing satellite communications [1] Industry Summary - The order for new satellites reflects the growing demand for low Earth orbit satellite networks, which are becoming increasingly important for global communications [1] - The involvement of government support in satellite operations suggests a strategic focus on enhancing national and international connectivity through advanced satellite technology [1]