Luxembourg/Paris – SES (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) and Eutelsat Communications (NYSE Euronext Paris: ETL) have concluded a series of agreements including a comprehensive settlement of legal proceedings concerning the right to operate at the 28.5 degrees East orbital position and containing long-term commercial as well as frequency coordination elements. The first agreement ends the arbitral procedure … [Read more...] about SES and Eutelsat settle dispute over satellite position
Romain Bausch
SES’ Romain Bausch to step down
Luxembourg - SES announced that the company’s President and CEO Romain Bausch informed the Board of Directors that he plans to step down from his position at the next annual general meeting of shareholders in April 2014. In its meeting last week, the Board has appointed Karim Michel Sabbagh as the successor to Romain Bausch. Sabbagh will join the company on September 1 as CEO Designate and, following a transition period, will officially take up the position of President and CEO on April 3, … [Read more...] about SES’ Romain Bausch to step down
Global leaders join Asia Pay-TV Operators Summit
Hong Kong / Singapore / Mumbai – Leaders of global media and telecom companies are meeting on April 22 - 24, 2013, in Bali, Indonesia for the fourth annual Asia Pacific Pay–TV Operators Summit (APOS). Organised by Media Partners Asia, APOS is a regional event for TV and broadband industry executives aimed to drive strategies, deals and policies across the converged ecosystems of media and telecoms. "Both emerging growth markets and mature, value geographies in Asia Pacific are … [Read more...] about Global leaders join Asia Pay-TV Operators Summit
SES reports solid growth for 3Q12, YTD results
Satellite company SES has achieved total revenues of EUR1.36 billion for the first nine months of the year, up by 6.1% compared to the same period last year. On a constant FX basis, this figure was up by 1.6% despite the significant impact of the switch-off of analogue transmissions in Germany at the end of April. The first nine months of 2012 also witnessed the successful launch of three satellites, two of which—SES-4 and SES-5—have now been brought into service. SES’ 52nd … [Read more...] about SES reports solid growth for 3Q12, YTD results
Divide and rule
SES is increasing its focus on emerging and growth markets. It has introduced four global sales regions, with a dedicated management leading the respective SES teams. One of the four regions is Asia Pacific/ India/ Middle East, which will be headed by Deepak Mathur. In his new position, Mathur reports to Chief Commercial Officer Ferdinand Kayser. Mathur has successfully developed the activities of SES in Asia and Africa over the past ten years. He remains based in Singapore and will work closely … [Read more...] about Divide and rule