Asia-Pacific Markets - Latest Developments
SpeedCast International Limited today announced that it has signed a definitive agreement to acquire SAIT Communications, a fast-growing maritime communications service provider in southern Europe. SAIT Communications is one of the leading suppliers of L-band satellite services in the southern European maritime market, in particular Greece, which is one of the largest maritime markets in Europe, as well as Cyprus.
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.
Among the highlights of the report include:
This year’s CASBAA Convention looks at the monumental sea change that is being experienced by the TV industry, and will explore how technologies, content, and services are leading the charge as the broadcast and digital landscapes become increasingly intertwined.
With the theme ‘Making Waves’, the convention will highlight how new business models are helping companies navigate these uncharted seas and take a look at the disruptors who are churning up the waters of business as usual.
Myanmar’s broadcasting industry is set for significant changes as the government moves forward with a new broadcasting law which is nearing completion. In the run-up to the return of the hugely successful CommuniCast event and Myanmar’s second Satellite Forum (17-19 November 2015 at Myanmar Event Park, Yangon), the Myanmar Government has acted on its plans to develop one of the country’s key industry sectors with a new broadcasting law to open up the country’s media industry and encourage the distribution of new services.
Planet Labs has entered into a definitive agreement to purchase the BlackBridge geospatial companies, including the RapidEye suite of core offerings.
SpeedCast International Limited oday announced that it has acquired the assets of the teleport and satellite services business of NewSat from its receivers. The assets include the land & buildings at NewSat’s teleport facilities in Adelaide and Perth and the associated plant & equipment, as well as most of the customer and supplier contracts.
SpeedCast is also retaining 20 key employees, in the operations & engineering department and in sales, including in the US.
International Datacasting Corporation (IDC) (TSX:IDC),announced today that it has completed a $0.9 million private placement, streamlined the leadership team and made some changes to its Board of Directors.
The National Association of Broadcasters (NAB) announced today that Lieutenant General John “Jay” Raymond, Commander, 14th Air Force (Air Forces Strategic), Air Force Space Command and Commander, Joint Functional Component Command for Space, U.S. Strategic Command, will provide the keynote for SATCON, part of NAB’s Content and Communications World (CCW), on Thursday, November 12. CCW will be held November 11-12 in New York City.
ARRIS’ acquisition of Pace created the largest set-top manufacturer, with 22% worldwide market share of the set-top box market. ARRIS is about three times larger than most competitors including EchoStar, Technicolor, Cisco, and Humax. Set-top semiconductor leader Broadcom was also acquired by relative newcomer Avago, an acquisition not directly impactful to the set-top market, but a sign of the significant consolidation that will continue to impact the market in the next few years.
The World Teleport Association (WTA) today announced the release of a new research report: Inside the Top Operators 2015. The report analyzes data from the Top Operator Rankings of 2014, released by WTA in December
