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Petah Tivka, Israel., May 18, 2016-- Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), today reported its results for the first quarter ended March 31, 2016. Revenue for Q1 2016 was US$52.7 million compared to US$45.2 million in comparable period of 2015, an increase of 17%.
Oyster Bay, NY, May 18, 2016--ABI Research forecasts the 4K set-top box market will quadruple from less than two million units in 2015 to more than 7 million in 2016, and then grow by 46% annually through 2021. However, the overall set-top box market is on the decline, expected to drop by about nine percent in 2016 to less than $16 billion in revenue, with both Pay TV and free-to-air boxes losing value.
Singapore, May 18, 2016--OTT TV and video revenues for 17 countries in the Asia Pacific region will reach US$ 18,396 million in 2021; up from US$ 707 million in 2010 and US$ 5,741 million in 2015. The Asia Pacific OTT TV & Video Forecasts report estimates that China will overtake Japan in 2016 to become market leader.
Las Vegas, Nevada--View video interviews with key satellite industry executivesfrom the NAB 2016 in Las Vegas. Among the interviews conducted include: Jonathan Crawford, President and CEO, The Space Connection; Chris Walters, CEO, Encompasss Digital Media; Keith Lissak, Director of Product Marketing, Harmonic; Steve Corda, VP-Business Development-North America, SES; Paolo Bozzola, CEO, ContentWise; and Glodina Connan-Lostanlen, Chief Marketing Officer, Imagine Communications. Go to: http://www.todocast.tv/eventcastlive to register for free and view the videos.
London, UK, May 19, 2016--Inmarsat (LSE:ISAT.L), a provider of global mobile satellite communications services, today announced that Pip McCrostie, Global Vice Chair of Transaction Advisory Services (TAS), one of EY’s four global businesses, will join the Board of Inmarsat on September 1, 2016 as a non-executive director and a member of the company’s audit committee. Pip retires from EY on 30 June 2016.
Madrid, Spain, May 6, 2016--HISPASAT, the Spanish satellite communications operator, leader in the distribution of content in Spanish and Portuguese, has announced the call for entries for the second edition of the Hispasat 4K International Film Festival, one the first festivals in the world entirely dedicated to short films, shot and post-produced in 4K.
Mexico City, Mexico, April 27, 2016--LATSAT, taking place on May 18-19, 2016 in Mexico City, is the unique executive meeting place for telecommunications in Latin America where executives come together to meet current or future business partners and listen to 40 high-level public and private decision makers as they discuss key issues in the region, such as universal access/service obligations, national telecommunications initiatives, digital media and enterprise usage.