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For EchoStar, Brazil a broadband success for Hughes but a DTH failure 8 years after winning orbital slot

PARIS — EchoStar’s experience in Brazil mirrors its broader financial results in the past couple of years: Good news in broadband for the Hughes Network Systems division, and disappointment at EchoStar Satellite Services. Takeaways from EchoStar conference call: —...

Smallsat builder AAC meets EBITDA, revenue targets, but needs cash and is replacing its CEO

PARIS — Small satellite manufacturer AAC reached its goal of becoming EBITDA positive in the last three months of 2018 but said it will need to raise fresh funding soon and has decided to replace Chief Executive Alfonso Barreiro. The company reported its 2018...

Intelsat’s capex-saving measures to increase opex and cut EBITDA starting this year

PARIS — The flip side of Intelsat’s lower spending on new satellites will show up in 2019 as higher operating expenses to meet the cost of new capacity that it did not finance up front, and the launch of the first of two satellite in-orbit servicing vehicles. Intelsat...

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