ETL Eutelsat Communications SA

IBC 2016: BHS Media and Eutelsat Combine Skills to Serve Fast-Growing Farsi TV Market

Regulatory News:

Eutelsat’s HOT BIRD neighbourhood and its EUTELSAT 7B satellite are fast becoming the point of reference for millions of Farsi TV homes across the Middle East, and this trend is set to accelerate following new agreements between BHS Media, the Dubai-based provider of broadcast services, and Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris: ETL).

BHS has concluded a multi-transponder, multi-year contract on EUTELSAT 7B and a co-marketing deal with Eutelsat that gives Farsi channels a cost-effective and highly efficient platform for tapping into a growing audience across the Middle East.

Home & Health, Discovery’s newest local TV venture, is the latest Farsi channel to conclude exclusive broadcast arrangements with BHS Media, adding to the 20 quality Farsi channels BHS Media already transmits on EUTELSAT 7B. In broadcasting from EUTELSAT 7B these channels can benefit from HOTBIRD’s regional reach into more than nine million Farsi-speaking homes through DTH dishes equipped for reception from both locations.

Michel Azibert, Eutelsat’s Chief Commercial and Development Officer, said: “In combining the unmatched audience and satellite options that Eutelsat can propose with the expertise and trust that BHS inspires from the broadcasting community we are confident that the centre of gravity of Farsi television content will be across the HOTBIRD position and the EUTELSAT 7B satellite. It is a privilege to collaborate with a partner with a strong local presence and deep market knowledge.”

Where to meet Eutelsat at IBC, from September 9 to 13: Hall 1D.59

About Eutelsat Communications

Established in 1977, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world's leading and most experienced operators of communications satellites. The company provides capacity on 39 satellites to clients that include broadcasters and broadcasting associations, pay-TV operators, video, data and Internet service providers, enterprises and government agencies. Eutelsat’s satellites provide ubiquitous coverage of Europe, the Middle East, Africa, Asia-Pacific and the Americas, enabling video, data, broadband and government communications to be established irrespective of a user’s location. Headquartered in Paris, with offices and teleports around the globe, Eutelsat represents a workforce of 1,000 men and women from 37 countries who are experts in their fields and work with clients to deliver the highest quality of service.

For more about Eutelsat please visit www.eutelsat.com

www.eutelsat.fr – Follow us on Twitter @Eutelsat_SA and Facebook Eutelsat.SA

EN
09/09/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Eutelsat Communications SA

Eutelsat Communications SA: Update following bond refinancing

Our credit view of Eutelsat reflects its improved credit metrics and financial profile in light of the recent right issue and the refinancing exercise.

Pierre François Merveille
  • Pierre François Merveille
Felix Fischer ... (+6)
  • Felix Fischer
  • Filipe Botelho
  • Haidje Rustau
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Nemak, Aston Martin, International Personal Finance, Assemblin Caverion, Nimlas, Vallourec, TDC NET, Eutelsat, Telecom Italia, Techem, Elior, Ineos Quattro, Odfjell Drilling, Centrient, Encore Capital (formerly Cabot), OPmobility, Grupo Antolin

Haidje Rustau
  • Haidje Rustau

Eutelsat - Tear Sheet - Lucror Analytics

Eutelsat is in the market with a EUR 1.5 bn equivalent senior unsecured notes offering comprising five-year and seven-year tranches, along with a EUR 400 mn term loan offering. Proceeds from the offerings will be used to repay subsidiary Eutelsat SA’s EUR 600 mn senior unsecured bonds due 07/27 and EUR 600 mn senior unsecured notes due 04/29, as well as the issuer’s EUR 400 mn term loan due 06/27. The proceeds will also be used to place EUR 215 mn of cash on balance sheet and pay transaction fee...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch