Globe Trotting
Eutelsat See Revenues Decline
Paris based operator Eutelsat Communications is boasting a 78% EBITDA margin, although it saw a 3.3% decline in six-monthly revenues.
It’s looking to the new Eutelsat 7C satellite to bring incremental capacity and revenues to and from the Sub-Saharan African market.
Broadcast revenues, which represent 61% of Eutelsat’s €636.6 million in revenues, held steady. However there was a 17.3% fall in Data & Professional Video and 7.8% in government services.
Meanwhile, Eutelsat has signed multi-year agreements for Ku-band capacity on two Eutelsat satellites, positioned at 16 degrees East and 7 degrees East.
This capacity will enable AfricaXP to extend the reach of its DTH free-to-air TV platform, Premium Free. AfricaXP is planning a 10 channel French language bouquet from Eutelsat’s 16° East position with its powerful footprint over French-speaking African countries. Broadband TV News
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