PARIS— Satellite fleet operator SES reported renewed growth in its mobile connectivity business, especially among cruise lines, and said the U.S. military withdrawal from Afghanistan would result in between $6 million and $10 million in lost revenue for 2021.
Luxembourg-based SES said had succeeded in slowing the decline of its video business, which represents 60% of revenue, by using the attraction of its core video neighborhoods to maintain prices and secure broadcaster contract renewals.
The video business declined 4.6% in the first nine months . . .
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