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Eutelsat Communications ( (FR:ETL) ) has shared an announcement.
Eutelsat Communications reported third-quarter 2025-26 revenues of €293 million, down 2.3% on a reported basis but up 3.1% like-for-like, with operating verticals at €283.7 million and modest like-for-like growth. The mix is shifting as Video, still 45% of revenues, declined double digits due to sanctions on Russian channels, contract terminations and structural softness, while Connectivity, now 55%, grew strongly on the back of LEO-driven fixed, government and mobile services.
Connectivity revenues rose 15.3% year-on-year, with LEO revenues up 65% and solid gains in fixed, government and aero and maritime mobility, supported by new deals spanning MTN Côte d’Ivoire, Japan Airlines, Can Marine and India’s Station Satcom, as well as expanded rail-terminal solutions. The group also completed a comprehensive refinancing and booked higher ‘Other Revenues’ from its IRIS2 role, enabling it to confirm full-year 2025-26 financial targets and underscoring a strategic pivot toward resilient, LEO-enabled connectivity despite headwinds in legacy broadcast.
More about Eutelsat Communications
Eutelsat Communications is a satellite communications operator listed in Paris and London that provides video broadcasting, fixed and mobile connectivity, and government services via geostationary (GEO) and low-Earth-orbit (LEO) constellations. The company serves broadcasters, telecom operators, airlines, maritime players and public-sector clients, with a growing focus on LEO-enabled broadband and mobility solutions worldwide.
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