Eutelsat Communications (NYSE Euronext Paris: ETL) has ceased operations of transponders using frequencies under a German filing on the EUTELSAT 28A satellite. The operation was completed in the best interest of customers in the night of 3-4 October. All transponders using other frequency bands on EUTELSAT 28A continue full operations.
Revenues from the disputed frequencies were expected to be approximately €20m for the remainder of the fiscal year 2013-2014 and approximately €25m for each of the two following years. Eutelsat and SES are in discussions to find a solution regarding the subject matter of the arbitration. If necessary, Eutelsat will adjust the financial outlook published on 30 July 2013 once the outcome is known.