SES to take revenue hit in 2017, but says its satellite TV and data portfolios are both solid

by Peter B. de Selding

PARIS — Satellite fleet operator SES gave a mixed message to investors, saying 2017 revenue will be down over 2016 and strongly suggesting that a major SES Video contract renewal was completed with no increase in price.

On the SES Networks data centric side, the company said the fixed-data business remains under pressure but that new contracts are on the way even if they take longer to conclude.

SES Chief Executive Karim Michel Sabbagh, in an Oct. 27 conference call with investors, said SES is moving away from selling . . .

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