Eutelsat
reported that its revenues for the first quarter of 2012-2013 have
increased by 6.5 percent. Value-added services grew by 43.7 percent,
while video applications and capacity added in 2011 and 2012
increased by 9.1 percent. The European fixed satellite services (FSS) operator has earned 314.4
million euros ($406.3 million) so far.
According
to Eutelsat, limited capacity in regions of highest demand caused
multi-usage to drop by 5.8 percent. The Company responded by
acquiring the GE-23
satellite
operated by GE-Satellite. Renamed as Eutelsat
172A, the new satellite will expand
Eutelsat's coverage of these high-demand areas.
According
to Michel de Rosen, CEO of Eutelsat, the FSS operator is now focusing
on the November 2012 launch of the Eutelsat 21B satellite, and the
December launch of the Eutelsat 70B satellite. Both satellites will
significantly increase capacity for markets in the Middle East,
Africa, and Asia, where Data Services and Multi-usage remain in high
demand.
In
the meantime, Eutelsat adjusted its revenue outlook after acquiring
Eutelsat 172A. The FSS operator is aiming to generate top-line growth
of between 5 and 6 percent for the current fiscal year. By the time June 2015 arrives, it plans to have achieved a three-year compound annual growth of between 6 and 7 percent.
Recommended additional reading:
No comments:
Post a Comment