Eutelsat Communications

Eutelsat Communications was founded in 1977 and is headquartered in Paris. This satellite operator has a fleet of 37 satellites serving broadcasters, video service providers, telecom operators, ISPs and government agencies operating across Africa, Asia, the Americas and Europe. Eutelsat satellites are used for video broadcasting, satellite newsgathering, broadband services, data connectivity, connecting planes and ships, enabling mission-critical government and NGO communications needs, and more. Over 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers. The company launched its very first satellite back in1983 and became a private company in 2001. Eutelsat employs 1,000 people in 46 countries around the world. In 2019, the company announced the launch of a new and pioneering satellite-based IoT connectivity service: Eutelsat IoT FIRST. Eutelsat Communications is listed on the Euronext Paris Stock Exchange. The company's financial results for the first quarter of 2019-2020 include reported operating verticals revenues of €316.5 million. Trade ETL.PA and tune in for regular price updates on eToro.