PARIS — Satellite fleet operator SES reported a 3.8% increase in its government revenue in 2021 despite the U.S. and allied withdrawal from Afghanistan and said the decline in its video business, still its biggest moneymaker, was limited to 4.6% during the year — compared to an 8% drop in 2020.
Luxembourg-based SES’s lodestar for the coming years is to keep the decline in video to a minimum while building up the Networks business, consisting of government, fixed data and mobility applications.
SES Chief . . .
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