SES: Bankruptcy reorganization of Brazil’s Oi SA will reduce our 2025 Media revenue by 5%; Starlink partnership working well

by Peter B. de Selding

TUPPER LAKE, NY — The bankruptcy-triggered restructuring of Brazilian media company Oi S.A. will reduce satellite fleet operator SES’s 2025 revenue by some 45 million euros ($48.7 million) that the company expects to offset with cost savings and growth in its non-video division.

Oi has been a large SES customer for more than a decade. The company has paid what it owes SES for 2024 but not beyond that.

SES Chief Executive Adel Al-Saleh said the loss of the Oi . . .

To view the entire article, become a subscriber!

You may also like