ETL Eutelsat Communications SA

Successful Launch of New-generation EUTELSAT KONNECT VHTS Satellite

Regulatory News:

Eutelsat Communications (Euronext Paris: ETL) today announced that EUTELSAT KONNECT VHTS satellite was successfully launched into Geostationary Transfer Orbit by Arianespace using an Ariane 5 rocket that lifted off from the Guiana Space Centre in Kourou, French Guiana, at 9.45 pm Universal Time (11.45 pm CET) on Wednesday 7 September.

The separation of the all-electric satellite occurred after a 28-minute flight and the spacecraft systems checkout was successfully completed over a period of 3 hours.

EUTELSAT KONNECT VHTS, a very high throughput satellite built by Thales Alenia Space, will provide fixed broadband and mobile connectivity across Europe, North Africa and the Middle East. Delivering 230 beams over Western Europe and with a Ka-band capacity of 500 Gbps, EUTELSAT KONNECT VHTS is the largest geostationary satellite ever ordered to date in Europe. It has embarked the most powerful 5th generation digital transparent processor, offering capacity allocation flexibility and an optimal spectrum use.

This state-of-the-art satellite, offering a capacity seven times that of its parent satellite EUTELSAT KONNECT launched in 2020, comes with several major firmly committed customers for satellite broadband connectivity, namely Orange via its Nordnet affiliate for the French coverage, Telecom Italia Mobile over Italy and Thales Alenia Space to serve notably the government connectivity services. These commitments testify to the ability of geostationary satellites to provide an attractive solution for bridging the digital divide, at a time when access to connectivity plays a crucial role in both economic and social development.

Eva Berneke, CEO of Eutelsat, said: "Our congratulations to Arianespace and the Guiana Space Center teams for successfully launching our EUTELSAT KONNECT VHTS satellite into geostationary orbit. Thanks to this fine-tuned collaboration between three French players of excellence, Eutelsat, Thales Alenia Space and Arianespace, we are able to bring connectivity to the next level in Europe and participate in bridging the digital divide everywhere on the continent”.

About Eutelsat Communications

Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Committed to promoting all facets of sustainable development across its business activities, Eutelsat leverages its in-orbit resources to help bridge the digital divide while maintaining a safe and uncluttered space environment. As an attractive and socially responsible employer, Eutelsat assembles 1,200 men and women from 50 countries who are dedicated to delivering the highest quality of service.

Eutelsat Communications is listed on the Euronext Paris Stock Exchange (ticker: ETL).

For more about Eutelsat go to .

– Follow us on Twitter

EN
08/09/2022

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