• Read more about FIRST QUARTER 2026-27 REVENUES

• LEO revenues up 30.1%1, driving sustained Connectivity growth of 11.9%¹ 
• Operating Verticals revenues of €278 million, down 2.1%¹
• First Rendez-Vous now completed, IRIS² entering construction phase, with €8.9 billion of associated backlog recognised
• All financial objectives confirmed

Paris, 29 October 2026 – Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the First Quarter ended 30 September 2026.
 

FIRST QUARTER REVENUES³

Total revenues for the First Quarter stood at €286 million, down 2.4% on a reported basis, and 0.9% like-for-like.

Revenues of the four Operating Verticals⁴ stood at €278 million. They were down 2.1% on a like-for-like basis excluding a slight currency effect. Quarter‑on‑quarter, revenues of the four Operating Verticals were down by 18.6% like-for-like.

Following the successful outcome of the IRIS² First Rendez-Vous, the project has now entered its construction phase, marking the transition from programme definition to industrial execution. With this milestone, the Group’s backlog now includes €8.9 billion of future revenues associated with the execution of construction-related activities under the programme. In this context, €5 million of revenue was recognised during the First Quarter, representing an initial contribution that is expected to increase materially over the remainder of the fiscal year as execution of the programme advances.

Note: Unless otherwise stated, all variations indicated hereunder are expressed on a like-for-like basis, i.e, at constant currency and perimeter.

Full Results available here

[1] Like-for-like change at constant currency and perimeter.

[2] Change at constant currency and perimeter. The variation is calculated as follows: i) Q1 FY 2026-27 USD revenues are converted at Q1 2025-26 rates; ii) Hedging revenues are excluded. There is no perimeter effect in the first quarter.

[3] The share of each application as a percentage of total revenues is calculated excluding “Other Revenues” and “IRIS² Construction Revenues". 

[4] ie, excluding ‘Other Revenues’ and ‘IRIS² Construction Revenues’.

Paris, 29 October 2026 – Eutelsat Communications reports revenues for the First Quarter ended 30 September 2026.

• Read more about Eutelsat and Qatar Media Corporation extend partnership for DTH broadcasting across MENA

•    Multi-year agreement secures the continued distribution of Qatar Media Corporation’s television services across the Middle East and North Africa

Paris, 26 October 2026 - Eutelsat (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) has renewed its longstanding partnership with Qatar Media Corporation (QMC), Qatar’s national public broadcasting organisation, for a new multi-year agreement for the distribution of its television services across the Middle East and North Africa (MENA) via the EUTELSAT 7 West A satellite.

Under the agreement, Qatar Media Corporation will continue to use Eutelsat’s satellite capacity and uplink services at the 7/8° West orbital position to deliver its national television bouquet to audiences throughout the region. The agreement follows the launch of QMC’s QBC Business Channel in 4K/UHD on Eutelsat’s 7/8° West video neighbourhood in May 2026.

Reaching 70 million homes, 7/8° West is the leading orbital position for satellite television across MENA, bringing together major public and private broadcasters and an extensive portfolio of Arabic and international content.

Hamad Elbordini, Sales Director MENA at Eutelsat, commented: “The extension of our longstanding partnership with Qatar Media Corporation is a strong demonstration of the continued trust placed in Eutelsat’s broadcast infrastructure and services. As Qatar’s national broadcaster, QMC plays an important role in the region’s media landscape, and we are pleased to continue supporting the reliable distribution of its content to audiences across MENA through our leading 7/8° West video neighbourhood.”

Saoud Al Maadeed, Deputy Director for Qatar Television at Qatar Media Corporation, added: “Our longstanding collaboration with Eutelsat has provided Qatar Media Corporation with the reach and reliability required to deliver our television services to audiences throughout the region. This new agreement ensures the continuity of our satellite distribution and reflects our shared commitment to providing viewers with high-quality and accessible content across MENA.”
 

Eutelsat has renewed its partnership with Qatar Media Corporation (QMC), Qatar’s national public broadcasting organisation, for the distribution of its television services across MENA via the EUTELSAT 7 West A satellite.

• Read more about Expanding LEO connectivity accross Greenland

Expanding Remote Satellite Internet Access Across Greenland

Greenland's vast, frozen and mountainous terrain poses a highly complex connectivity challenge to national postal and telecommunications company Tusass. In 2025, Tusass signed a strategic partnership with Eutelsat to connect strategic sites on the ground to a resilient, low-latency communications network powered by the OneWeb low Earth orbit satellite system. Sites include critical infrastructure, maritime operations, emergency response and community broadband. 

• Read more about Satellite-Based Live Coverage of Arctic Winter Games 2026

Satellite-Based Live Coverage of Arctic Winter Games 2026

Eutelsat enabled professional live broadcasting from the Arctic Winter Games in Yukon, Northern Canada, using the OneWeb LEO satellite network. The low-latency, high-speed solution delivered reliable live video contribution from remote, high-latitude locations where traditional connectivity is limited.

The Challenge

The 2026 Arctic Winter Games brought together nearly 2,000 athletes from across the High North for a week of competition in Whitehorse, Yukon (60°43'27"N). For broadcasters, the high-latitude location and extreme environment posed a fundamental connectivity problem: they needed easy-to-deploy live transmissions from multiple venues that a local terrestrial cellular infrastructure would struggle to connect. At extreme latitudes, cellular coverage can prioritise voice and basic data over the high-bandwidth, low-latency demands of a live broadcast.

Key challenges included:

• Limited high-speed connectivity for simultaneous HD video uplinks from multiple competition sites
• Insufficient capacity to handle peak demand when several events streamed concurrently

Families and fans watching from their remote communities across Alaska, Nunavut and Greenland depended on a solution that could stream and deliver professional-grade video from such a challenging connectivity environment.

The Critical Need

Broadcasting a major multi-venue international sports event from the high Arctic demands more than basic satellite access. The Arctic Winter Games required deployable (comms-on-the-pause), high-capacity connectivity with the reliability to support modern professional broadcast workflows simultaneously from different locations.

The broadcast operations directors had three non-negotiable requirements:

• Deployable connectivity capable of supporting live transmission from remote venues with limited infrastructure
• Integrated network management treating all vehicles and uplink points as a single coordinated system
• Traffic prioritisation for live feeds to ensure reliability during peak demand and concurrent transmissions

Low-latency performance was essential to meet broadcaster standards, whilst the system needed to handle multiple live feeds without degradation—even when multiple venues transmitted simultaneously.

The Solution: Deploying the OneWeb LEO Constellation

Canadian telecommunications company Northwestel deployed a multi-terminal configuration to deliver professional-grade broadcast connectivity across Arctic Winter Games venues:

• Mobility Service Plan: Enterprise 150/30 service tier for guaranteed bandwidth
• User terminals: OW11 and Hughes 1120 units mounted on vehicles for maximum mobility
• Vehicular deployment: Mobile installations enabling live transmission from multiple event locations

 

The OneWeb LEO constellation provided the low-latency, high-capacity backbone required for real-time video contribution. Operating at 1,200 km altitude across 12 orbital planes, the network ensured continuous connectivity at 60°N latitude where traditional cellular infrastructure falls short.

Service plans were swiftly configured across all broadcast vehicles, with direct access to Eutelsat support and service management teams throughout the event. This integrated approach delivered the reliability professional broadcast and video solutions demand in challenging operating environments.

The Impact

The deployment delivered reliable, high-quality broadcast coverage across all Arctic Winter Games 2026 venues, enabling families and supporters throughout the circumpolar North to stream live action. By Combining Eutelsat's OneWeb LEO constellation with Northwestel's fibre infrastructure, the solution provided integrated high-speed connectivity from one of the world's most remote sporting locations.

Our partnership with Eutelsat has made it possible for us to provide connectivity to some of the most rugged and remote locations in Northern Canada. This project reflects our broader commitment to supporting the country’s highest authorities in their vision for innovation and digital transformation across the country.

Sheldon Lyslo

Business Development Director, Northwestel

Key outcomes included:

• Live streaming across the circumpolar region with free livestream and on-demand coverage for families and communities
• Multi-venue broadcast from 60°43′27″N demonstrating LEO performance in polar conditions
• Seamless hybrid connectivity combining LEO and terrestrial paths for professional satellite news gathering solutions

• Read more about Eutelsat welcomes FCC’s order establishing the framework for the upper C-band transition in the United States

• Eutelsat to receive total incentive payments of $504 million
• Transition to be implemented over the coming years in close coordination with FCC, customers and relevant stakeholders to ensure uninterrupted service

Paris, 27 July 2026 – Eutelsat (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) welcomes the order of U.S. Federal Communications Commission (FCC), establishing the regulatory framework for the transition of Upper C-band spectrum in the United States and creating the conditions for an orderly transition of satellite services.

The FCC's order provides the framework for the reallocation of 160 MHz of Upper C-band spectrum to support the continued expansion of advanced wireless services across the United States while ensuring the continuity of critical satellite services. The framework also establishes the process for the orderly transition of incumbent satellite operators over the coming years.

The decision provides regulatory certainty for the implementation of the transition while preserving the critical role of satellite infrastructure in delivering essential connectivity services.

Under the provisions of the order, Eutelsat will receive incentive payments of $504 million (€443 million) pre-tax, conditional upon the completion of the transition within the two established deadlines and expected during 2031.

Eutelsat will also be fully reimbursed for costs incurred during the transition process.

Jean‑François Fallacher, Chief Executive Officer of Eutelsat, said: "We welcome the order published by the FCC, representing an important milestone for the U.S. satellite and telecommunications industries. It establishes a clear framework that enables additional spectrum to be made available for advanced wireless services while safeguarding the continuity of satellite operations. Eutelsat is committed to working with the FCC and other stakeholders to ensure the transition is executed in a timely manner which is seamless for customers.”

Eutelsat welcomes the order of U.S. Federal Communications Commission (FCC), establishing the regulatory framework for the transition of Upper C-band spectrum in the United States and creating the conditions for an orderly transition of satellite services.