Eutelsat and ViaSat ink JV to expand satellite broadband in Europe

MUMBAI: Eutelsat Communications and ViaSat Inc have inked a joint venture agreement to expand satellite broadband in Europe.

The JV will see Eutelsat’s current European broadband business combining with ViaSat’s 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.

Eutelsat chairman and CEO Michel de Rosen 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 chairman and CEO Mark Dankberg added, “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 per cent interest in the business for € 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 per cent by ViaSat and 49 per cent 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.

Latest Reads
Andrew Jordan announced successor of AsiaSat's William Wade

Asia Satellite Telecommunications has announced the retirement of its executive director, president and CEO William Wade. He will serve his last day in the company on 1 November 2016 but will stay back as the senior advisor of AsiaSat until 31 March 2017.

Satellites Satellite Operators
GSAT-18 successfully launches, new capacity for DTH operators, TV channels

MUMBAI: Indian DTH operators, television channels, VSAT and digital satellite news gathering providers are a happy lot because of a development in Kouro French Guiana this morning. The reason: the successful launch of Arianespace’s Ariane 5 VA 531 rocket with its passenger, the Indian Space...

Satellites Satellite Launches
Bad weather pushes forward GSAT-18 launch

MUMBAI: The nation - and communication satellite trackers - will have to wait for another day. The Indian Space Research Organisation (ISRO) has announced that the launch of its GSAT-18 communications satellite has been delayed by a day. According to its launch partner, Arianespace, the flight...

Satellites Satellite Launches
ISRO's PSLV-C35 launches seven other satellites successfully

Around two hours after lift-off and after placing India’s weather satellite ScatSat1 in a polar sun synchronous orbit at 720 km, the Indian Space Research Organisation’s (ISRO’s) PSLV C35 rocket fired once again. Following that maneuver, it placed another seven satellites in orbit at an altitude...

Satellites Satellite Operators
ISRO’s PSLV-C35 takes off successfully, Scatsat1 launched

MUMBAI: It’s another feather in ISRO’s cap. The Indian space outfit seems to be going from success to success. Earlier this morning at 9:12 am, its latest mission the PSLV-C35 lifted off immaculately from the Satish Dhawan Space Centre in Sriharikota. Around 17 minutes later, its fourth stage...

Satellites Satellite Launches
ISRO to launch eight satellites using PSLV on 26 September

MUMBAI: It will be the second satellite launch this month for the Indian Space Research Organisation (ISRO). On 26 September 2016 at exactly 9:12 am the PSLV C35 will blast off from the first launch pad of the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. It will mark the 37th...

Satellites Satellite Launches
XTreme-AsiaSat to provide 4K premium UHD content

4K-SAT, the Ultra-HD channel operated by Asia’s premier satellite operator Asia Satellite Telecommunications Co. Ltd. (AsiaSat), will be broadcasting premium extreme and outdoor content from XTreme Video on AsiaSat 4.

Satellites Satellite Operators
Govt satellite launches, including from India, to dominate future space market: Euroconsult

NEW DELHI: A major portion of satellites slated to be launched from 2016-2015 with launch mass over 50kg will be dominated by government satellites from countries like the US, Russia, India, China and Japan, according to Euroconsult.

Satellites Satellite Launches
India’s weather satellite INSAT-3DR launched successfully

India's Geosynchronous Satellite Launch Vehicle, equipped with the indigenous Cryogenic Upper Stage (CUS), on Thursday, successfully launched the country's weather satellite INSAT-3DR, into a Geosynchronous Transfer Orbit (GTO) in its tenth flight (GSLV-F05). The achieved orbit is very close to the...

Satellites Satellite Launches

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories