With revenue down and its just-launched satellite in trouble, Eutelsat Communications is preparing to layoff around 100 of its 1,000 employees,freeze wages and suspend hiring as it looks to return to growth.
More than half a dozen House lawmakers said Oct. 29 the FCC, not the satellite industry, should conduct an upcoming auction to transfer C-band spectrum to the 5G wireless industry.
Eutelsat and Thales Alenia Space said Oct. 29 that they had signed a “letter of agreement” for the production of Eutelsat-10B, an all-electric satellite that will carry more capacity than its predecessor, Eutelsat-10A.
The service, called Eutelsat IoT First, precedes a low-Earth-orbit constellation of 25 smallsats and hosted payloads Eutelsat plans to begin launching next year.
Eutelsat said it is still working to understand what impact the power problem may have on the Eutelsat 5 West B satellite.
An International Launch Services Proton rocket carried Northrop Grumman’s first satellite-servicing spacecraft and a communications satellite for Eutelsat to orbit Oct. 9.
Eutelsat on Sept. 24 said it ordered two cubesats from AAC Clyde Space and hired Loft Orbital to build and fly data-transfer payloads on a pair of shared smallsats to test the market for a 25-satellite Eutelsat LEO for Objects constellation.
Eutelsat Chief Executive Rodolphe Belmer said his company decided last week to leave the C-Band Alliance because the group didn’t pay sufficient attention to the company’s concerns.
Eutelsat Communications has quit the C-Band Alliance, fracturing the group of global satellite operators as a regulatory decision on their spectrum plan nears.
Manufacturing delays and launcher availability mean Eutelsat Communications’ “chameleon satellite” won’t launch until the second half of 2020 instead of late this year as planned.
Rival plan to C-Band Alliance calls for spectrum auction, fiber switchover for satellite broadcasters
Charter, ACA Connects and the Competitive Carriers Association (CCA) on July 1 filed a counterplan with the U.S. Federal Communications Commission, urging the commission to open 370 megahertz of satellite C-band spectrum through an auction.
Eutelsat executives said the challenges getting Konnect Africa off the ground since 2016 are now largely in the rearview, but have nonetheless pushed any material revenue from the growth initiative out to the company’s next fiscal year.
Global satellite operator Eutelsat of Paris is buying additional small satellites for a planned Internet of Things network, having decided to expand the envisioned low Earth orbit system before it has launched the first demonstration satellite.
A slow start for Eutelsat’s Konnect Africa broadband venture and losses in activities beyond the fleet operator’s core business contributed to a 4.4 percent decline in revenue during the last half of 2018.