Eutelsat says video revenue will be stable this year; ramp of broadband in Africa slow but promising

by Peter B. de Selding

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 . . .

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