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Eutelsat Video Revenues Decline After Terminating Russian Contracts

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Eutelsat's Q1 results showed video revenues, which account for 40 per cent of overall revenues, fell 17.8 per cent year-on-year. The company attributed this decline partly to terminating Russian DTH channel capacity contracts on the Express AT1 and AT2 Russian satellites because of sanctions on Russia. Despite this, LEO revenues rose 30.1 per cent to €70.9 million.

From advanced-television.com

Why it matters

Some supportBrind's analysis of the reports

The termination of Russian contracts directly impacted Eutelsat's traditional video revenue stream. However, the company noted strong growth in its Mobile Connectivity segment, which grew 38.1 per cent year-on-year. Eutelsat anticipates revenues from OneWeb and European IRIS2 satellites could exceed $10 billion (€8.94bn) between 2032 and 2040.

From advanced-television.com

Who's involved

  • EutelsatFrench-based satellite provider that terminated contracts due to Russian sanctions

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • EutelsatSpeculative

    Eutelsat might see its video revenue continue to erode due to the loss of Russian DTH contracts.

Keep exploring

The entities involved

  • Eutelsat

    French-based satellite provider

    Nothing else this week.

Coverage

Newest first; wire copies grouped