Satellite industry shift to data services proves challenging for SES amid mixed results

摘要

Sluggish performance amid mixed financials in Q2 2019 mark SES' (EPA:SESG) strengthening focus on connectivity, as the FSS operator increasingly looks towards its networks business for growth. CEO Steve Collar is pointing investors to the near-term horizon, as it focuses on future deliveries in the second half of the year, cost control and a decision from the FCC on reallocation of certain C-band frequencies from satellite to terrestrial use as widespread 5G connectivity moves closer to fruition.