Eutelsat revenue increased 6.5 percent to $408.5 million in its...
Eutelsat revenue increased 6.5 percent to $408.5 million in its Q1 ending Sept. 30. Sales of video applications are up 9.1 percent to $281 million compared to the same period last year, driven by satellite capacity added for service delivery…
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in the Middle East and North Africa, Eutelsat said in a press release (http://xrl.us/bnv2b8). Multi-usage business dropped 5.8 percent to $44.3 million, “reflecting limited capacity in regions of highest demand.” This decrease reflects weaker contract renewals in February and March in such regions, it said. There also was a 7.1 percent decline in data services revenue, which dropped to $58.3 million. Eutelsat said it expects Eutelsat 21B and Eutelsat 70B, scheduled to launch later this year, to help support data services “by addressing applications of greatest demand including enterprise networks and mobile services in fast-growing markets."