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Broadband

Eutelsat takes revenue hit with loss of Amos-6

Friday 2 September 2016 | 09:21 CET | News
Eutelsat said the loss of the Amos-6 satellite at Cape Canaveral will have an EUR 5 million impact on revenues for fiscal full year 2016-2017, EUR 15 million impact on FY 2017-2018 and an EUR 25-30 impact on FY 2018-2019. Savings in operating costs will partially mitigate impact on the company's EBITDA margin. The company confirmed all of its financial objectives.

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Categories: Internet / Broadcast & Satellite
Companies: Eutelsat / Facebook
Countries: World
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