Eutelsat Communications reports 8.9% revenue increaseThursday, May 15th, 2008
PARIS — Eutelsat Communications (ISIN: FR0010221234 – Euronext Paris: ETL), one of the world’s leading satellite operators, today reported financial information for the third quarter ended March 31, 2008.
Video Applications (164.9 million euros) continue to develop rapidly. Strong year-on-year growth of 10.8% mainly reflects:
“¢ The launch since March 2007 of 472 new channels (+19%), taking to 2,977 the total number of channels broadcast by the Group’s satellites at March 31, 2008;
“¢ The markets of Russia, Africa, Turkey and the Middle East account for almost 60% of new channels, notably as a consequence of major contracts signed since March 2007 with the Russian operator Intersputnik, as well as with the pay-TV operators Entertainment Highway and Gateway for Africa, and with CanalSat Réunion for Indian Ocean islands;
“¢ The take-up of the EUROBIRD™ 9 satellite which entered into service at 9 degrees East at the end of the last fiscal year, and which was broadcasting 78 channels at March 31, 2008. EUROBIRD™ 9 was selected during the third quarter by Tele Colombus, one of the three leading cable operators in Germany for the upcoming launch of an offer of digital channels within the framework of the transition of German cable from analogue to digital;
“¢ Finally, the Group more than doubled the number of HDTV channels broadcast by its satellites over one year, with 35 HDTV channels broadcasting at March 31, 2008. New HDTV channels launched in the third quarter include Rush HD for the UK, FilmBox HD and HBO Polska for Poland and Movie Max HD for Turkey.
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