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This site was created for non-commercial reasons in the public interest to discuss the following issues:
The reasons Zack's Investment Research lowered the rating on Eutelsat's common stock.
Why Bras Trading refused to make monthly payments on the alleged US$72 Million purportedly owed to Eutelsat
Discuss any complaints or grievances against Eutelsat.
The alleged basis for the lawsuit against EUTELSAT by Telecommunications Systems in 2013 and the terms of any settlement resulting in the end of litigation in 2014. The lawsuit alleged that, “SES-GS and Eutelstat America conspired to make false misrepresentations about TCS’s ability to provide such services in order to void a task order contract award granted to TCS in excess of $72.3million. Eutelsat further conspired to unlawfully deny TCS access to satellite bandwidth for use in performing under the task order award. This unlawful conduct resulted in damages to TCS of more than $14 million. Eutelstat America and others have combined and conspired within the meaning of Section 1 of the Sherman Antitrust Act so as to unreasonably injure competition. Unless restrained by this Court, Defendants will continue their anticompetitive conspiracy. Accordingly, TCS brings this case to restore lost competition.” We will discuss the merits of this lawsuit and the facts involved.