Satellite operator (SES) gets positive business forecast

by Peter B. de Selding

At a time when satellite industry analysts and satellite services providers -- those who don't own their own satellites -- all saying what a horrible business it is to be a fleet operator, a positive note appears as a real outlier, even if it's from Wall Street. In its most recent assessment, Citi is bullish on SES, saying the consolidation of O3b and RR Media (the latter now core to the SES-branded MX1) will lift revenue. Citi says 2016 will be seen as the low point in the company's recent performance and that free cash flow will rise . . .

To view the entire article, become a subscriber!

You may also like

Our greatest offer yet

You’ve been selected to enjoy 6 months of access to Space Intel Report for just $245.