Starlink rival Eutelsat's first quarter hit by weak video sales

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French satellite operator Eutelsat reported worse-than-expected first quarter revenues on Tuesday as a decline in sales at its video business offset strong demand for government services, notably in Ukraine. Revenue from video, connectivity and government services fell 1.2 per cent year-on-year on a comparable basis to 283 million euros ($330 million) in the quarter to end Sept. That was below the average 295 million euros forecast by analysts, according to data from the company. The video

Starlink rival Eutelsat's first quarter hit by weak video sales https://www.channelnewsasia.com/ - 21.10.2025 19:38

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Starlink rival Eutelsat's first quarter hit by weak video sales https://www.channelnewsasia.com/ - 21.10.2025 19:38