PARIS — Satellite fleet operator Eutelsat reported a 2.1% increase in broadcast revenue for the three months ending March 31 compared to the previous three months and said most of it is long-term in nature and proves the resiliency of the company’s direct-to-home TV business.
It also shows, yet again, that the satellite television market looks a lot different to a company that is little exposed to the declining U.S. market.
Sixty-two percent of Eutelsat’s total revenue is from broadcast . . .
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