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UPCOMING EVENTS
sarria live model
sarria analysis
corporate filings
Results Call

- for speed listening, go to the settings wheel on the bottom right of the video and choose playback speed - video quality will improve to HD after 1minute.

 

Intro Capital and Legal Structure - 12 Feb 25

Satellites, Industry Players, Dynamics - 12 Feb 25

Merger Rationale, Company - 12 Feb 25

Areas for Further Work - 12 Feb 25

Investment Discussion - 12 February 25

 
SARRIA News -INTU
SES - comment
Wolfgang Felix
SES - comment
Wolfgang Felix

The Bonds still benefit from C-Band amnesia. Media revenues are now falling at -10% p.a., much faster than the -5% we had been

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Wolfgang Felix
Wolfgang Felix
Eutelsat, SES - comment
Wolfgang Felix

Good news for satellite operators. According to a Reuters article now approved by the FCC, the latter has set a $6.3bn incentive pool to clear

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Wolfgang Felix
SES - comment
Wolfgang Felix
SES - comment
Wolfgang Felix

We were disappointed with today’s results, and we imagine we were not the only ones. If it weren’t for the strong capitalisation now, bonds should

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Wolfgang Felix
SES/Intelsat - The Margin - Model Update
Wolfgang Felix
SES/Intelsat - The Margin - Model Update
Wolfgang Felix

Please find our updated note on SES here.

This name is now more about spread risk than default, but between its confidence fuelled SPACE refinancing last month and its

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Wolfgang Felix
Wolfgang Felix
SES - comment
Wolfgang Felix

Following its merger with Intelsat, the Luxembourg satellite operator is tendering for its outstanding subordinated perps, funded with a

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Wolfgang Felix