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More Africa NewsEutelsat Praised By Industry Analysts For Strong Revenue Position

May 28, 2020by Adrian Hall0

Eutelsat – the global satellite services company – has received strong commendations from industry analysts as its revenue seems to be holding up in an industry that is in turmoil.
Eutelsat’s Q3 results, posted recently, showed a quarter-to-quarter growth, albeit modest. It’s year-on-year comparison look solidly stable! These figures are significant because they show Eutelsat exhibiting a well managed, thriving position in increasingly competitively demanding broadcast services sector.
Analysts reviews believe that Eutelsat’s cash flow position is far more solidly positioned and ‘resilient’ than those of its direct industry competitors.
Eutelsat has, notably, moved ahead in the broadcast segment because of its strategy which has the strength of geographical diversification, with emerging markets accounting to just over 50 per cent of its business – this is in stark contrast with his peers.

Source Broadcast Media Africa

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