Eutelsat reports 4.6% revenue growth
Eutelsat, set to place two new satellites into orbit to serve Africa this year, has reported revenues increased by 4.6% for the third quarter.
In releasing its quarterly results this week, Eutelsat reported revenues of €308.7 million, with good growth in video applications (+ 6.3%) and Value-Added Services (+12%) offsetting a decline in Data Services (-4.9%)
Commenting on the Group's third quarter 2011-2012 revenues, Michel de Rosen, CEO of Eutelsat Communications, said that the company had enjoyed a good quarter:
"Some factors are proving more challenging, notably a more competitive environment in the Balkans and in Africa, partial delays in the rollout of Ka-band professional services, and a significant slowdown in the Multi-usage activity following the latest contract renewal campaign.”
Among others, he highlighted the coming arrival of two satellites delivering replacement and expansion capacity (EUTELSAT 21B and EUTELSAT 70B) to be launched by the end of calendar 2012.
Eutelsat Communications has selected Thales Alenia Space to build EUTELSAT 21B, a 40-transponder Ku-band satellite that will enable a 50% increase in capacity operated at 21.5° East, where it will be located in geostationary orbit. Scheduled for launch in third quarter 2012, the satellite will replace Eutelsat‘s EUTELSAT 21A craft at a core neighbourhood anchored for data, professional video and government services across Europe, North Africa, the Middle East and Central Asia.
Astrium has been selected by Eutelsat Communications to build a 48-transponder Ku-band satellite that will be located at its 70.5° East location in geostationary orbit. Scheduled for launch in fourth quarter 2012, the satellite will replace the EUTELSAT 70A craft and more than double Eutelsat’s resources at 70.5° East. It will be used for a range of professional applications that include government services, broadband access, GSM backhauling and professional video exchanges in Europe, Africa and Central and South-East Asia.
Weighing in at five tonnes, EUTELSAT 70B will be based on the Astrium Eurostar E3000 platform with a designed in-orbit lifetime exceeding 15 years. Each of the satellite’s four high-performance fixed beams will be focused over a distinct zone: Europe, Africa, Central Asia and South-East Asia reaching as far as Australia.
Through a high degree of on-board connectivity, clients will be able to use the beams either for regional coverage or to interconnect continents. This will support high-growth services that include secure government communications in Central Asia through hubs located in the region or in Europe, business networks between South-East Asia and Africa, and direct connectivity between Europe and Australia.