SES reduces video decline, says video pricing is robust; still looking to monetize more U.S. C-band spectrum

by Peter B. de Selding

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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