Eutelsat Sees Steady Growth as Broadband Service Gains Traction

摘要

Satellite fleet operator Eutelsat on Feb. 14 said its consumer broadband service in Europe has maintained market traction and that the company is cautiously optimistic about satellite capacity-lease renewals in the coming weeks from the U.S. Defense Department. Paris-based Eutelsat, which in the past year has extended its reach over the Pacific and in the Americas, reaffirmed its forecast that it will grow its revenue - aside from acquisition-related revenue - by 2.5 percent in the fiscal year ending next June 30, and 5 percent per year for the two subsequent years. The growth forecast does not include revenue contributions from Satmex of Mexico, whose purchase by Eutelsat closed in January. Eutelsat said Satmex will add about $70 million to Eutelsat's revenue between January and June of this year. Satmex's growth in the coming years should be between 5 percent and 9 percent annually, Eutelsat said - particularly starting in 2016, when its new Satmex 7 and Satmex 9 spacecraft should be operational, Eutelsat said.