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Video Applications Fuel Eutelsat’s Growth
Eutelsat reported revenues of 415.3 million euros ($545.7 million) for the second half of 2006, the company announced Feb. 15. The revenues represented an increase of 5.2 percent over the same period in 2005.
Eutelsat credited the growth to video applications, which now account for 70 percent of overall revenues. In the second half of 2006, revenues from video applications were 289.8 million euros ($380.8 million), an increase from 255.5 million euros ($335.8 million) in the same period of 2005.
Other segments struggled: In data and value-added services, revenues dropped to 81.6 million euros ($107.2 million) in the last half of 2006, down from 86.6 million euros ($113.8 million) during the same period of 2005.
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