Q1 2021 Eutelsat Communications SA Corporate Sales Call Transcript
Good day, and welcome to the Eutelsat Communications' First Quarter 2021 Revenues Presentation. Today's conference is being recorded.
And at this time, I would like to turn the conference over to Michel Azibert, CEO. Please go ahead.
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Yes. Hello, Sandrine speaking, actually. So good evening to everyone, and thank you for joining us on this call where we will present our first quarter 2021 revenues.
I am Sandrine Téran, CFO, and I am joined by Michel Azibert, Deputy CEO.
Our revenues highlights the general resilience of our activity in the COVID context, with operating vertical revenues down 1.9% year-on-year and total revenues down 0.7%. Broadcast remained resilient with the Sky Italia renewal securing broadly stable revenues over the medium-term and the extension of contract durations with Tricolor TV in Russia and Azam TV in Sub-Saharan Africa.
We have taken significant steps in our Fixed Broadband strategy with the acquisition of Europe's leading
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