Eutelsat Statement on OneWeb Temporary Outage
By:
Eutelsat via
Business Wire
January 02, 2025 at 07:26 AM EST
Regulatory News: Eutelsat (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), experienced a temporary, 48-hour outage on its OneWeb Low Orbit service, commencing on 31st December 2024. The root cause was identified as a software issue within the ground segment. Eutelsat was fully mobilized and worked with the vendor to restore full service, while maintaining a constant dialogue with affected customers. The constellation is operating nominally once again. ++ ENDS ++ For more information, visit www.eutelsat.com
About Eutelsat Group
DISCLAIMER The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical fact and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable. View source version on businesswire.com: https://www.businesswire.com/news/home/20250102209084/en/ Contacts
Media enquiries
Investors
More NewsView More
Carvana Drops 14% After $1B Accounting Allegations ↗
Today 15:36 EST
Via MarketBeat
Tickers
CVNA
Via MarketBeat
Tickers
GM
Microsoft Drops After Earnings—Why the Bull Case Holds ↗
Today 14:30 EST
Capital One Stock Weak After Earnings, Brex Deal in Focus ↗
Today 13:49 EST
Recent QuotesView More
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes. By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.
|