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Eutelsat

Eutelsat S.A.
Company typeSociété Anonyme
Euronext Paris: ETL
CAC Mid 60 Component
IndustryCommunications satellite
Founded1977 (1977)
HeadquartersIssy-les-Moulineaux, France
Key people
Eva Berneke (CEO)
RevenueDecrease €1.13 billion (2022/23)[1]
Increase €573 million (2022/23)[1]
Increase €328 million (2022/23)[1]
Total assetsDecrease €7.41 billion (2022/23)[1]
Total equityIncrease €3.07 billion (2022/23)[1]
Owner
  • Eutelsat Group (2023–present)
Number of employees
1,200 (2023) Edit this on Wikidata
Websitewww.eutelsat.com

Eutelsat S.A. is a French satellite operator.[2] Providing coverage over the entire European continent, the Middle East, Africa, Asia and the Americas, it is the world's third-largest satellite operator in terms of revenues.[3]

Eutelsat's satellites are used for broadcasting nearly 7,000 television stations, of which 1,400 are in high-definition television, and 1,100 radio stations to over 274 million cable and satellite homes. They also serve requirements for TV contribution services, corporate networks, mobile communications, Internet backbone connectivity and broadband access for terrestrial, maritime and in-flight applications. Eutelsat is headquartered in Paris, France. Eutelsat Communications Chief Executive Officer is currently Eva Berneke.[4]

In October 2017, Eutelsat acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain's Orbit Holding Group. Noorsat is the premier distributor of Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels almost exclusively from Eutelsat's market-leading the Middle East and North Africa neighbourhoods at 7/8° West and 25.5° East.[5]

On 26 July 2022, Eutelsat announced a merger with LEO satellite internet operator OneWeb.[6] When the merger was completed in September 2023, the company became a subsidiary of a new entity, "Eutelsat Group".[7]

1/10 scale mockup of a Eutelsat W3 satellite, a Spacebus 4000C3
European Telecommunications Satellite Organization membership
  1. ^ a b c d e "2022-2023 Consolidated Financial Statements" (PDF). Eutelsat Communications Group. Retrieved 14 September 2023.
  2. ^ "Eutelsat's sales fall as pandemic hits communications sector". Reuters. 10 May 2020. Retrieved 10 February 2022.
  3. ^ "World Teleport Association publishes Top Operator Rankings for 2023". news.satnews.com. SatNews. Retrieved 1 October 2024.
  4. ^ "Communications Executive Committee". Eutelsat. 1 July 2009. Retrieved 9 February 2016.
  5. ^ "Eutelsat consolidates its presence in Middle East with the acquisition of Noorsat". Eutelsat. 17 October 2017. Archived from the original on 22 June 2020. Retrieved 17 October 2017.
  6. ^ "Eutelsat will continue to be listed on Euronext Paris and apply for admission to standard listing on the London Stock Exchange". Eutelsat.
  7. ^ "Eutelsat and OneWeb complete merger". Pax International. 2 October 2023. Retrieved 10 October 2023.

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