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Eutelsat

#4033

Rank

$2.83B

Marketcap

FR France

Country

Eutelsat
Leadership team

Ms. Eva Merete Søfelde Berneke (CEO & Director)

Mr. Michel Azibert (Chief Commercial Officer)

Mr. Christophe Caudrelier (Chief Financial Officer)

Products/ Services
News, Satellite Communication, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Paris, Ile-de-France, France
Established
1977
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
ETL.PA
Social Media
Overview
Location
Summary
Eutelsat Communications S.A. engages in the operation of telecommunication satellites. It provides video services, such as broadcast DTH, distribution, HD and ultra HD channels, and occasional use services; connectivity services; and Internet of Things and low earth orbit solutions. The company offers its services under the Eutelsat brand directly and through distributors. It operated 36 satellites in geostationary orbit. The company serves broadcasters, video service providers, companies, telecom operators, and government agencies in France, Italy, the United Kingdom, rest of Europe, the Americas, the Middle East, Africa, Asia, and internationally. The company was founded in 1977 and is headquartered in Issy-les-Moulineaux, France.
History

The European Telecommunications Satellite Organization was originally set up in 1977 , by 17 European countries as an intergovernmental organisation . Its role was to develop and operate a satellite-based telecommunications infrastructure for Europe. The Convention establishing the European Telecommunications Satellite Organization Eutelsat was opened for signature in July 1982 and entered into force on 1 September 1985.In 1982, Eutelsat decided to start operations of its first TV channel on the Orbital Test Satellite in cooperation with European Space Agency . This was the first satellite-based direct-to-home TV channel launched in Europe. In 1983, Eutelsat launched its first satellite to be used for telecommunications and TV distribution

Initially established to address satellite telecommunications demand in Western Europe, Eutelsat rapidly developed its infrastructure to expand coverage to additional services and markets, such as Central and Eastern Europe in 1989, and the Middle East, the African continent, and large parts of Asia and the Americas from the 1990s.

EUTELSAT was the first satellite operator in Europe to broadcast television channels direct-to-home. It developed its premium neighbourhood of five Hot Bird satellites in the mid-1990s to offer capacity that would be able to attract hundreds of channels to the same orbital location, appealing to wider audiences for consumer satellite TV.

With the general liberalisation of the telecommunications sector in Europe, Eutelsat's assets, liabilities and operational activities were transferred to a private company called Eutelsat S.A. established for this purpose in July 2001. The structure role and activities of the new intergovernmental organisation Eutelsat IGO evolved. According to Eutelsat IGO's amended constitution in 2016, the main purpose of EUTELSAT IGO has been to ensure that Eutelsat S.A. observes the Basic Principles set forth in the EUTELSAT Amended Convention entered into force in November 2002. These Basic Principles refer to public service/universal service obligations, pan European coverage by the satellite system, non-discrimination and fair competition. The Executive Secretary of EUTELSAT IGO participates in all meetings of the Board of Directors of Eutelsat Communications S.A. and Eutelsat S.A. as an observer to the Board .In April 2005, the principal shareholders of Eutelsat S.A. grouped their investment in a new entity , which is now the holding company of the Group owning 95.2% of Eutelsat S.A. on 6 October 2005. As of 2009, the holding company owned 96.0% of Eutelsat S.A.On 31 July 2013, Eutelsat Communications announced the 100% acquisition of Satélites Mexicanos, S.A. de C.V. for US$831 million in cash plus the assumption of US$311 million in Satmex debt, pending government and regulatory approvals. The transaction was finalized on 2 January 2014. Based in Mexico, Satmex operates three satellites at contiguous positions, 113° West , 114.9° West and 116.8° West that cover 90% of the population of the Americas.In December 2015, the company announced a partnership with Facebook to launch an internet satellite over Africa by 2016 where Facebook lease all of a satellite's high throughput Ka-band capacity, however, the satellite was destroyed during launch preparations.In December 2020, Eutelsat launched Eutelsat Konnect, a domestic broadband service targeting remote localities, in the United Kingdom with a planned subsequent launch across Europe.In July 2021, Eutelsat launched Eutelsat Quantum, the first full software-defined satellite. It will enable users, notably in the Government and Mobility markets, to actively define and shape performance and reach thanks to its software-based design.In December 2021, Eva Berneke was appointed Chief Executive Officer to replace Rodolphe Belmer. She will take up her position on January 1, 2022.In March 2022, in the context of the 2022 Russian invasion of Ukraine and growing censorship in Russia, two of the Russian packagers active on the 36°E Eutelsat satellites, NTV Plus and Trikolor, unilaterally interrupted broadcasting of 8 international news channels . This interruption was denounced by the Denis Diderot Committee, made up of academics and professionals from the European audiovisual sector, which published a report and launched a petition asking for sanctions from the European Union and EUTELSAT IGO against the two operators. The petition is signed by all members of the Ukrainian regulatory body, the National Radio and Television Council.

Mission
Eutelsat’s mission is simple and straightforward: deliver leading edge solutions, performance and reliability to customers and partners around the world.
Vision
Eutelsat’s vision is to be the most reliable and trusted partner in the satellite communications industry.
Key Team

Mr. Pascal Homsy (Chief Technical Officer)

Mr. Manuel Calvo Serrano (Deputy Chief Technology Officer and Director of Operations)

Cedric Pugni (Head of Investor Relations)

Ms. Julie Burguburu (Gen. Counsel)

Ms. Marie-Sophie Ecuer (Corp. Communications Director)

Ms. Anne Carron (Chief HR Officer)

Mr. Jakub Brzeczkowski (Pres of Eutelsat Poland)

Recognition and Awards
Eutelsat has won numerous awards in recent years including 'World’s Leading Satellite Operator' at the 2013 World Communications Awards and 'Best Innovation in Satellite Communications' at the 2014 World Communications Awards
References

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Eutelsat
Leadership team

Ms. Eva Merete Søfelde Berneke (CEO & Director)

Mr. Michel Azibert (Chief Commercial Officer)

Mr. Christophe Caudrelier (Chief Financial Officer)

Products/ Services
News, Satellite Communication, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Paris, Ile-de-France, France
Established
1977
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
ETL.PA
Social Media