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Eutelsat reports marginal revenue growth
MUMBAI: FGlobal Satellite operator Eutelsat has reported revenues for the year and fourth quarter ended 30 June, 2006. Revenues for the year stand at 791.1 million euros. This represents an increase of 5.4 per cent.
Eutelsat CEO Giuliano Berretta said, “Thanks to the strong increase of our activities we have generated growth of 5.4 per cent, which exceeds our objective for 2005-2006. This performance highlights the quality of the execution of our strategy: to consolidate our leading position in European Union countries, and to optimise use of capacity through the creation and development of major new video positions, and the continued expansion of value added services.
“In particular, our satellites today transmit more than 2,100 television channels, representing over 400 new channels compared to last year, of which more than half are from central and eastern Europe, Russia, the Middle East and Africa. In addition, our D-Star broadband service, for which the installed base of terminals grew over the year by nearly 30 per cent has benefitted from sustained demand from service providers in emerging markets and in regions in Europe not satisfactorily covered by terrestrial broadband networks.
“Meanwhile, the 14.5 per cent growth in Multi-usage stresses the attractiveness of our satellites in this opportunistic segment. With a growing portfolio of activities across our markets, Eutelsat reaffirms its profile as one of the leading operators in the most profitable sectors of the industry, combining long-term visibility and growth.”
In European Union countries served by the Hot Bird and Eurobird1 positions, the number of channels grew by 16.7 per cent year-over-year, from 1,051 channels to 1,227. Expansion was driven notably by the increased offer from blue chip pay-TV platforms, including Sky Italia, BSkyB and TPS.
The launch of the Hot Bird 7A broadcast satellite increased capacity at the Hot Bird neighbourhood to 102 transponders and enabled replacement of Hot Bird. This event marked the last major phase in the switchover from analogue to digital at the Hot Bird position, with only four analogue channels broadcasting as of June
