ETL Eutelsat Communications SA

Eutelsat’s Konnect Ramps up Retail Distribution of New Capacity Brought by EUTELSAT KONNECT Satellite

Regulatory News:

This press release features multimedia. View the full release here:

Konnect Europe sample packages  (Photo: Business Wire)

Konnect Europe sample packages (Photo: Business Wire)

Leveraging the availability of the EUTELSAT KONNECT satellite, Eutelsat Communications’ (Paris:ETL) (Euronext Paris: ETL) new direct arm, konnect, has kick-started the retail distribution of next-generation satellite Broadband across Europe and Africa. The service is currently being rolled out across both continents, with broadband packages designed to address the needs of individuals, small businesses and institutions currently operating beyond the fiber footprint.

The recent acquisition of BigBlu, Europe’s leading distributor of satellite broadband, has added significant firepower to konnect’s retail capabilities. With regulatory approvals to operate across both continents secured, konnect has launched a multi-channel retail strategy encompassing online distribution and telesales in Europe and a multiple channel partners and retail stores in Africa. In complement to the recent wholesale agreements with Orange for the entire capacity in France and TIM for capacity covering Italy, initial retail distribution will be focused on the UK, Ireland, Germany, Spain and Portugal in Europe and Côte d’Ivoire and Democratic Republic of Congo in Africa, ramping up progressively to cover the 15 European and 39 African markets in EUTELSAT KONNECT’s footprint.

As it accelerates its operation, konnect is rapidly re-defining connectivity expectations for people who live and work beyond the fiber footprint, offering them an immediately available service with packages offering:

  • Superfast speeds of up to 100 Mbps from launch; ensuring those situated beyond the scope of traditional networks can enjoy fiber-like speeds;
  • Unlimited data plans addressing needs ranging from individuals, households, small businesses, schools and other institutions
  • A range of competitively priced, affordable price points starting at €25/month in Europe and $15/month in Africa;
  • Low set-up costs with free installation and all equipment included in the monthly fee for the majority of the European footprint; in Africa, the kit will be priced at a maximum of $99, compatible with the high-growth pre-paid market;

Commenting on the campaign, Eutelsat Deputy CEO Michel Azibert said: “We are delighted to see konnect ramping up its marketing efforts in the wake of the availability of the significant new in-orbit assets brought by EUTELSAT KONNECT. ‘konnect’ is the name of our satellite and our brand, articulating in a single word, an exciting new direction for the Eutelsat Group. At a time when the demand for reliable, affordable high-speed broadband has never been higher, konnect offers an immediately accessible solution for individuals, businesses and institutions living beyond the reach of terrestrial infrastructure.”

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. Over 6,600 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Headquartered in Paris, with offices and teleports around the globe, Eutelsat assembles 1,000 men and women from 46 countries who are dedicated to delivering the highest quality of service.

For more about Eutelsat go to | Follow us on Twitter

Appendix: indicative pricing grid - Konnect Europe sample packages

*On the Easy Starter, Zen, Max service plan, after 20GB, 60GB and 120GB of data usage, the data might be prioritized behind other customers during network congestion. The data traffic is not accounted during the night (from 1 to 6 am – local time).

EN
23/11/2020

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