Eutelsat renews partnership with Cinecolor for Latin American cinema

PARIS - Eutelsat (Euronext Paris/London Stock Exchange:ETL) has renewed its multi-year partnership with Cinecolor Group to continue distributing feature films and live event content to theaters across Latin America, according to a company press release. The satellite operator, currently trading at $0.85 and considered slightly undervalued according to InvestingPro Fair Value metrics, has seen its shares surge 76.75% year-to-date despite recent market volatility.

The agreement ensures Cinecolor Group, a leading media and cinema service provider in the region, will maintain access to C-band capacity on the EUTELSAT 65 West A satellite. This infrastructure supports content delivery to hundreds of cinemas from Mexico to Brazil.

"This renewal with Cinecolor Group/Chile Films reflects a partnership built on reliability, trust, and innovation," said J. Ignacio González-Núñez, RVP Americas Sales for Eutelsat’s Video Business Unit.

David Trejo, Commercial Director of Cinecolor Sat Division, noted that satellite technology remains "a critical pillar" of their operations, providing "the robustness, scalability, and content-security standards" needed for cinema distribution.

The collaboration has been instrumental in developing the region’s digital cinema distribution network, enabling modernized delivery workflows through satellite-based solutions.

Eutelsat, formed through the combination with OneWeb in 2023, operates a fleet of 34 geostationary satellites and a low Earth orbit constellation of more than 600 satellites. With a market capitalization of $1.6 billion and annual revenue of $1.46 billion, the company maintains an impressive 80.56% gross profit margin despite challenging market conditions. Eutelsat distributes approximately 6,400 television channels globally while serving markets including mobile connectivity, fixed connectivity, and government services. InvestingPro analysis shows the company maintains a "FAIR" overall financial health score, with particularly strong ratings in cash flow and relative value metrics.

In other recent news, Eutelsat has announced the appointment of Sébastien Rouge as its new Chief Financial Officer, effective February 1, 2026. Rouge, who has over 30 years of international financial leadership experience, will join the Executive Committee under CEO Jean-François Fallacher. In a separate development, Eutelsat has signed a multi-year agreement with Tusass, Greenland’s national telecommunications provider, to deliver low Earth orbit connectivity services across Greenland. This partnership will utilize Eutelsat’s OneWeb satellite network to enhance communications services in remote areas, supporting various sectors such as community broadband and emergency response capabilities.

Additionally, Eutelsat’s shareholders have approved several key resolutions during the company’s General Meeting. The meeting ratified the appointments of Michel Combes, Lucia Sinapi-Thomas, and Eric Labaye to the Board of Directors. Shareholders also conditionally approved Jean-Baptiste Massignon and Jérémie Gué as directors. These developments reflect Eutelsat’s ongoing efforts to strengthen its leadership and expand its service offerings.

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