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EUTELSAT COMMUNICATIONS

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Eutelsat Communications : ​Eutelsat and Vox sign distribution agreement for EUTELSAT KONNECT capacity over South Africa

06/22/2021 | 06:05am EDT
  • Enabling Vox to deploy high-speed connectivity throughout South Africa
  • Reflecting the attractivity of EUTELSAT KONNECT satellite in the region

Paris, 22 June 2021: Eutelsat Communications (Euronext Paris: ETL) and Vox, a market leading end-to-end integrated ICT and infrastructure provider and telecommunications company, have reached a multi-year distribution agreement to extend high-speed network connectivity to South Africa.

As of June, Vox will leverage the unmatched operational flexibility and power of EUTELSAT KONNECT, the new-generation high throughput satellite, and Eutelsat's market-leading service to further grow its satellite customer base.

Commenting on the agreement, Jacques Visser, Head of Wireless at Vox said: 'We are delighted to be partnering with Eutelsat to provide solutions that connect South Africans by supporting customers, entrepreneurs, and commerce, whilst guaranteeing service excellence. We are confident that Eutelsat's unparalleled in-orbit assets, together with its unrivalled customer support will be a great benefit to a growing number of customers'.

Philippe Oliva, Chief Commercial Officer of Eutelsat added: 'We are pleased to be selected by Vox to enhance and extend its offer of high quality, reliable internet connectivity in South Africa's digital divide. This agreement cements our position as the leading satellite broadband operator in the country and reflects the attractivity of our EUTELSAT KONNECT satellite in the region'.

Disclaimer

Eutelsat Communications SA published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 10:04:01 UTC.


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Sales 2021 1 220 M 1 431 M 1 431 M
Net income 2021 265 M 310 M 310 M
Net Debt 2021 2 728 M 3 199 M 3 199 M
P/E ratio 2021 8,62x
Yield 2021 9,18%
Capitalization 2 289 M 2 682 M 2 683 M
EV / Sales 2021 4,11x
EV / Sales 2022 4,25x
Nbr of Employees 1 132
Free-Float 99,8%
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Last Close Price 9,88 €
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Rodolphe Belmer Chief Executive Officer & Director
Sandrine TÚran Chief Financial & Information Technology Officer
Dominique Marie P. DĺHinnin Chairman
Pascal Homsy Chief Technical Officer
Ross McInnes Independent Non-Executive Director
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