Sony Pixel Power calrec Sony

Eutelsat and ViaSat Forming Joint Venture to Expand Satellite Broadband in Europe

09/02/2016

New Partnership Will Leverage Eutelsat's Successful European Broadband Business and ViaSat's Advanced Broadband Technologies and Consumer ISP Business Expertise

Carlsbad, Calif., and Paris, 9 February 2016 - Eutelsat Communications (NYSE Euronext Paris: ETL) and ViaSat Inc.(NASDAQ: VSAT) today announced an agreement to create a joint venture combining Eutelsat's current European broadband business with ViaSat's industry-leading broadband technologies and consumer Internet Service Provider (ISP) business expertise.

Building on a decade-long relationship, Eutelsat and ViaSat are joining forces to create a partnership that will expand Eutelsat's current wholesale broadband business and launch a new consumer retail service in Europe. The joint venture will initially leverage KA-SAT, Eutelsat's high capacity broadband satellite.

Commenting on the new partnership, Michel de Rosen, Eutelsat Chairman and CEO, said: With KA-SAT, our unique dedicated High Throughput Satellite, Eutelsat has built an effective, high-quality, broadband platform for Europe in which ViaSat has played a key role as technical partner. Broadband is an important component of our strategy, and we seek to partner with market-leading companies that contribute to enriching our offer. ViaSat is a partner that we both trust and value for its track record in setting industry standards and developing technologies that unlock broadband opportunities. Our joint venture will take our relationship to a new level and give further impetus to affordable, high-quality Internet services in Europe.

ViaSat's Chairman and CEO, Mark Dankberg continued: Eutelsat is the clear leader in the European broadband market and is an obvious partner in extending our global reach. We have worked together for more than a decade - creating the satellite broadband market and sharing a vision for the future of satellite broadband. We complement each other extremely well. We offer a powerful team to close the digital divide in Europe today and well into the future. The joint venture combines an unprecedented collection of expertise in satellite operations and technology, broadband networks, and wholesale and retail distribution throughout Europe that forms the foundation for next-generation internet services. We're excited to be working with Eutelsat to bring a proven model to the European and Mediterranean markets.

Since KA-SAT entered service in 2011, Eutelsat has capitalised on its high capacity satellite platform in Europe and the Mediterranean Basin to reach 190,000 customers. ViaSat has proven success in the consumer residential market.

The joint venture will consist of two businesses coordinating efforts to expand the European broadband market:

Wholesale Services will be focused on providing wholesale broadband services in the European and Mediterranean regions to the newly established retail services business and existing Eutelsat distributors. Eutelsat will contribute its current European broadband business including the KA-SAT satellite. ViaSat will continue to provide selected broadband technologies for KA-SAT gateways and terminals and will acquire a 49 percent interest in the business for a consideration of 132.5 million. For future capacity, the partnership will continue to evaluate over the next few months the ViaSat-3 technology and the extent and the terms under which it would utilise the European capacity on the new ultra-high throughput ViaSat-3 platform, which ViaSat expects to bring into service in 2020. The partnership will also continue to study other options to add growth capacity in the nearer and long term.

Retail Services will be focused on building a direct-to-consumer ISP business in Europe. Enhanced service plans will be introduced in select European countries throughout 2016, setting a foundation for growth in the retail services business with the availability of future satellite capacity. The business will be owned 51 percent by ViaSat and 49 percent by Eutelsat.

Completion of the transaction is subject to regulatory approvals and other customary closing conditions, and is currently expected to close during the second quarter of 2016.

About Eutelsat Communications

Established in 1977, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the worlds leading and most experienced operators of communications satellites. The company provides capacity on 40 satellites to clients that include broadcasters and broadcasting associations, pay-TV operators, video, data and Internet service providers, enterprises and government agencies.

Eutelsat's satellites provide ubiquitous coverage of Europe, the Middle East, Africa, Asia-Pacific and the Americas, enabling video, data, broadband and government communications to be established irrespective of a user's location.

Headquartered in Paris, with offices and teleports around the globe, Eutelsat represents a workforce of 1,000 men and women from 37 countries who are experts in their fields and work with clients to deliver the highest quality of service.

For more about Eutelsat please visit www.eutelsat.com

Press

Vanessa O'Connor Tel: 33 1 53 98 37 91 voconnor@eutelsat.com

Marie-Sophie Ecuer Tel: 33 1 53 98 37 91 mecuer@eutelsat.com

Violaine du Boucher Tel: 33 1 53 98 37 91 vduboucher@eutelsat.com

Investors and analysts

Joanna Darlington Tel. : 33 1 53 98 35 30 jdarlington@eutelsat.com

C dric Pugni Tel. : 33 1 53 98 35 30 cpugni@eutelsat.com

Follow us at:

About ViaSat

ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight. The Companys innovations in designing highest-capacity sate
LINK: http://news.eutelsat.com/pressreleases/eutelsat-and-viasat-forming-joi...
See more stories from eutelsat

Europe Stories

04/08/2024

Dalet Appoints Santiago Solanas as CEO to Lead Next Era of Growth and Innovation

Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....

03/06/2024

Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives

Dalet, a leading technology and service provider for media-rich organizations, a...

28/04/2024

Mediahaus delivers the first SRT live-streaming sports production over 5G with URSA Broadcast G2

Mediahaus delivers the first SRT live-streaming sports production over 5G with U...

22/04/2024

UKTV Ventures partners with Elder, in airtime-for-equity deal

22 April 2024 - Award-winning broadcaster UKTV has today announced it has invested in the award-winning online care marketplace, Elder, using its multi-million ...

22/04/2024

Taylor Swift's THE TORTURED POETS DEPARTMENT' Breaks Multiple Spotify Records in Less Than 24 Hours

It's a beautiful day to be a Swiftie. On April 19, Taylor Swift dropped her ...

22/04/2024

Adapting to Landscapes With LEE Filters

In this video, LEE Filters ambassador Jordan Banks ventures into Snowdonia National Park in Wales. Faced with less-than-ideal weather conditions, he adapts his ...

22/04/2024

Ross Video expands graphics portfolio with Bannister Lake Software acquisition

The Chameleon solution provides access to real-time data from a range of sources, enabling users to construct tickers, L-bars, snipes, web widgets and full fram...

22/04/2024

What happened in Vegas: 2024 edition

TVBEuropes editor Jenny Priestley highlights some of the main talking points at this years NAB Show By Jenny Priestley Published: April 22, 2024 TVBEurope...

22/04/2024

Rohde & Schwarz expands footprint in India by opening new state-of-the-art facility in Bengaluru

Rohde & Schwarz expands footprint in India by opening new state-of-the-art facil...

22/04/2024

Comscore at the 19th Annual Needham Technology, Media & Consumer Conference

Comscore at the 19th Annual Needham Technology, Media & Consumer Conference RESTON, Va., April 22, 2024 Comscore (Nasdaq: SCOR), a trusted partner for plannin...

22/04/2024

CODA Audio system is Crowning Glory for Brooklyn Cultural Hub

Crown Hill Theatre in Brooklyn, New York, officially opened its doors with a red-carpet event in early December 2023. The brainchild of entrepreneur and musicia...

22/04/2024

Cian Cobhin's An Taobh Tuathail marks 25 years on air

An Taobh Tuathail (ATT), RT Raidi na Gaeltachta's flagship alternative radio, presented by Cian C obh in show turns 25 in May 2024. The acclaimed music ...

20/04/2024

Taylor Swift's THE TORTURED POETS DEPARTMENT Breaks Multiple Spotify Records in Less Than 24 Hours

It's a beautiful day to be a Swiftie. On April 19, Taylor Swift dropped her ...

19/04/2024

Thank You for visiting us at NAB 2024!

Thank You for visiting us at NAB 2024! Thank you for joining us at the ToolsOnAir booth during NAB Show 2024! We were delighted to showcase our latest inno...

19/04/2024

How Spotify Approaches Safety With Sarah Hoyle, Global Head of Trust and Safety

Spotify's mission is to unlock the potential of human creativity by giving a million artists the opportunity to live off their art and billions of fans the ...

19/04/2024

Spotify and Taylor Swift Create a One-of-a-Kind Library To Celebrate THE TORTURED POETS DEPARTMENT'

It's a beautiful day to be a Swiftie. Today, Taylor Swift dropped her 11th s...

19/04/2024

How 1185 Films created the VFX on new horror, All You Need Is Death

Simon Wilkinson, head of VFX at 1185 films, talks about the technology behind the newly-released horror By Matthew Corrigan Published: April 19, 2024 Updat...

19/04/2024

Could Sony be preparing a bid for Channel 5's parent company?

The global electronics company is said to be considering joining forces with investment firm Apollo Management to bid for Paramount Global By Jenny Priestley ...

19/04/2024

EBU report highlights contribution of free-to-air sport broadcasting

The report broke the economic footprint of EBU member sports broadcasting into three main areas By Matthew Corrigan Published: April 19, 2024 The report b...

19/04/2024

Rohde & Schwarz and VIAVI support European OTIC in Berlin for O-RAN conformance certification

Rohde & Schwarz and VIAVI support European OTIC in Berlin for O-RAN conformance ...

19/04/2024

Riedel launches Bolero Connect for seamless integration with PunQtum

Wuppertal April 19, 2024 Riedel launches Bolero Connect for seamless integration with PunQtum A pioneer in the field of digital intercom, Riedel has recently ...

19/04/2024

2024 ANNUAL GENERAL MEETING OF KUDELSKI SA

Ad hoc announcement pursuant to Art. 53 LR Cheseaux-sur-Lausanne, Switzerland - April 19, 2024 - The Annual General Meeting of Kudelski SA (SIX:KUD.S) was held...

19/04/2024

RT NEWS ANNOUNCES SAMANTHA LIBRERI AS NEW EASTERN CORRESPONDENT

RT News is pleased to announce the appointment of RT journalist, Samantha Libreri, as Eastern Correspondent. Samantha will be reporting and providing analysis...

19/04/2024

Documentary Murder of a GAA Chairman' sheds light on the unanswered questions of the family of Sean Brown

Documentary Murder of a GAA Chairman sheds light on the unanswered questions of ...

18/04/2024

First Look: Tom Durant Pritchard joins the cast of crime drama Miss Scarlet for its fifth series

Tom Durant Pritchard as Alexander Blake Thursday 18 April 2024 Tom Durant Prit...

18/04/2024

How today's storage and memory decisions underpin future creativity

Ann Keefe, Regional Director - UK and Ireland at Kingston Technology, explains how storage and memory decisions made now are underpinning creativity in the futu...

18/04/2024

Escape Studios obtains UKVI licence to support international students

The newly acquired UKVI licence enables Escape Studios to recruit and retain international students By Matthew Corrigan Published: April 18, 2024 Updated: ...

18/04/2024

NAB 2024 popular among first time visitors

Attendees from more than 163 countries were present, including 34 delegation buying groups from around the world By Matthew Corrigan Published: April 18, 202...

18/04/2024

2024-04-18

Apple has reduced its overall greenhouse gas emissions by more than 55 percent since 2015, the company shared today in its 2024 Environmental Progress Report. T...

18/04/2024

Thales secures three major contracts to modernize the Portuguese railway infrastructure

Facebook Twitter LinkedIn Thales alongside partners SISINT and CONECTICABO...

18/04/2024

RT Prime Time experiment reveals disturbing content recommended to 13 year old TikTok users in Ireland

In response to growing concerns raised regarding the adverse impact of TikTok co...

18/04/2024

Remembering Alf McCarthy and Larry Masterson

We were saddened to learn this morning of the passing of our friend and former colleague, Alf McCarthy who died yesterday. We remember Alf as a popular present...

17/04/2024

Spotify's Michael Krause Talks Industry Trends Ahead of Our Music and Podcasting Summits in Germany

On April 18 and 19, experts from across the audio industry-including artists, pu...

17/04/2024

Spotify Brings Entrepreneurs and Trailblazers Together to Talk the Future of Tech in the UK

With its particular combination of talent, ambition, culture, and, of course, wo...

17/04/2024

NextGen Partners With Howard University Professor Nikole Hannah-Jones on Student Podcasting Course

At Spotify, we want to equip student creators with the tools and resources neede...

17/04/2024

Colorfront showcases upgrades across product range

Colorfront has introduced AI vision-analysis tools to assist master QC operations with detecting framing anomalies, dead pixels, bright titles and sparkles By ...

17/04/2024

Meet the Founder and director

By TVBEurope Staff Published: April 17, 2024 Updated: April 18, 2024 Rory Springthorpe, founder and director at outside broadcasting company Vivid Broadc...

17/04/2024

HMS Networks completes a placement of 3,500,000 shares, raising proceeds of SEK 1,400 million

To read about the placement of shares, please confirm your location...

17/04/2024

Putting the spotlight on Global Shading Day

Posted on 17 Apr 2024 Creating traction and momentum around Global Shading Day was a key objective for the British Blind and Shutter Association in 2024. The ...

17/04/2024

HMS Networks explores the conditions to carry out a directed share issue of approximately SEK 1,400 million

To read about the directed share issue, please verify your country...

17/04/2024

ASTRA Media Factory has won Best of Show 2024 Award at NAB!

ASTRA Media Factory has won Best of Show 2024 Award at NAB! We are pleased to announce that our product ASTRA Media Factory has won in this year's Best of...

17/04/2024

2024-04-17

Apple today announced new progress to expand clean energy around the world and advance momentum toward Apple 2030, the company's bold goal to be carbon neut...

16/04/2024

A Spirit Between Worlds

Directed by H l na Klotz, La V nus dargent (aka Spirit of Ecstasy) presents the tale of Jeanne Francoeur (played by Claire Pommet), a young woman striving to es...

16/04/2024

Adobe previews generative AI tools to streamline professional video workflows

New generative AI tools will enable users of Adobe Premiere Pro to streamline editing all videos, including adding or removing objects in a scene or extending a...

16/04/2024

Atomos appoints Daniel Moore as new chief technical officer

Moore has led the development effort for over 20 products in the AV space By Matthew Corrigan Published: April 16, 2024 Moore has led the development effo...

16/04/2024

UNIT deliver picture post and colour grade for new BBC1 drama series

Coles enhanced colour separation, adding shape and depth to the characters through the use of a soft highlight and shadow roll off, and embracing the natural te...

16/04/2024

MAGYAR TELEKOM (THE COMPANY) HELD ITS ANNUAL GENERAL MEETING (GENERAL MEETING) ON APRIL 16, 2024.

MAGYAR TELEKOM (THE COMPANY ) HELD ITS ANNUAL GENERAL MEETING ( GENERAL MEETING...

16/04/2024

IRALTA VR's New Immersive Experience: Dive into the Galapagos Islands with Mistika VR

Published On: April 16th, 2024 data-orig-src=https://www.sgo.es/wp-content/upl...

16/04/2024

Interim report 2024, January - March

First quarter Net sales for the first quarter reached SEK 616 m (773), corresponding to a decrease of 20%. Currency translations had a negative effect of SEK 3...

16/04/2024

HMS Networks realizes immediate cost synergies and launches cost saving program to streamline the organization

Following the closing of the acquisition of Red Lion Controls ( Red Lion ) on Ap...