SEATTLE, Washington — Satellite fleet operator Eutelsat told investors to look past a 2.5% decline in the company’s all-important video revenue for the six months ending Dec. 31 to focus on a promised flat-to-growing revenue trend for the full year.
Eutelsat said the declines were due to isolated events that have not shaken the company’s confidence that its full-year results to demonstrate the rebound it has promised the market for two years.
Company officials defended their policy of offering two-year . . .
This content is restricted to subscribers