Quantum Service 'Imminent': Eutelsat

Broadcast revenue is hurting from the COVID-19 slowdown, but there are signs of a return to normal, with more commercial activity in Europe, Eutelsat said Thursday, announcing quarterly results. It said its Quantum geostationary satellite, launched in July, is getting "a strong pipeline of interest as it prepares for its imminent entry into service." It expects to receive $125 million around the turn of the year for its U.S. C-band Phase I accelerated clearing, saying Phase 2 clearing is "on track."