Eutelsat: Satellite delays mean no return to growth until FY 2023/24; expecting US C-band proceeds by summer

by Peter B. de Selding

PARIS — Satellite fleet operator Eutelsat said two broadband satellites it had counted on to reverse the company’s revenue decline next year will be months late in entering service, delaying the top-line-revenue recovery until Eutelsat’s fiscal year 2023/24.

Eutelsat said it still expects to slow its decline next year compared to the current fiscal year, which ends June 30, but that growth will await the launch of the Eutelsat 10B and Konnect VHTS satellites.

Both are under construction at . . .

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