Asia-Pacific Markets - Latest Developments


El Segundo, Calif., June 12, 2015

Boeing [NYSE: BA] is on contract to build ABS-8, the third all-electric propulsion 702SP (small platform) satellite for ABS, a commercial satellite provider based in Bermuda and Hong Kong. This satellite will expand broadcast and enterprise services to Australia, New Zealand, the Middle East, Russia, South Asia and Southeast Asia.

Singapore, June 12,  2015

On June 1, more than 150 industry speakers and delegates gathered at Grand Hyatt Singapore for the Satellite Industry Forum 2015. This year’s CASBAA event included a number of keynotes and panels exploring the question, “Is the satellite game changing?”  

Airport City Business Park, Israel, June 8, 2015

RR Media (NASDAQ: RRM), a provider of global digital media services to the broadcast industry, has announced the acquisition of Satlink Communications, an Israel-based global provider of content distribution, management and playout services for US$ 19 million subject to bank debts and other certain adjustments.

Singapore, June 5, 2015

Over the past four days, Marina Bay Sands has been abuzz with activity as CommunicAsia2015, EnterpriseIT2015 and BroadcastAsia2015 brought the movers and shakers of the infocomm technology (ICT) and broadcasting industry together under one roof.

Dell, Panasonic, Samsung and Sony, household names renowned for their consumer electronics chose CommunicAsia, EnterpriseIT and BroadcastAsia to announce major launches in their B2B segments. 

Singapore, June 1, 2015

Global Invacom Group Limited signified its intention to acquire Skyware Global, a  U.S. manufacturer of satellite terminals, for as much as US$ 11.6 million by issuing approximately US$ .6 million in treasury shares and entering into a cash earn out model to pay Skyware up to a maximum of US$5.0 million.

Singapore,  May 20, 2015

Smart Technologies to better enable connected cities, governments, enterprises and consumers will take center stage when CommunicAsia2015, EnterpriseIT2015 and BroadcastAsia2015 returns to Marina Bay Sands Singapore from 2 - 5 June 2015.  

Friedrichshafen, Germany, May 18, 2015

ND SatCom today announced the official launch of the SKYWAN 5G at the CommunicAsia in Singapore on June 2nd.ND SatCom’s SKYWAN 5G will transform the way communication networks are created and behave by converging VSAT & comprehensive IT capabilities into ONE single hardware device.

Hong Kong, May 13, 2015

CASBAA’s annual Satellite Industry Forum is once again being held in Singapore at the beginning of June. The conference explores the latest developments and issues affecting the satellite industry in the Asia Pacific. Taking place on June 1st at the Grand Hyatt Singapore, the CASBAA Satellite Industry Forum 2015 is a one day event that brings together industry experts to examine a variety of hot topics and to exchange and discuss information critical to the development of the communications sector and related services across the Asia-Pacific.

Nonthaburi, Thailand, May 8, 2015

Satellite operator Thaicom today released its operating results for the 1st Quarter of 2015, reporting a consolidated net profit of 540 million Baht – a 35.3 per cent increase when compared with results from the first quarter of 2014.

For the same period in 2015, consolidated revenue from the sale of goods and rendering of services totaled 3,074 million Baht, an increase of 229 million Baht (8.0 per cent) compared to 2,845 million Baht in Quarter 1 of 2014. 

Hammamet, Tunisia, May 7, 2015

Arab Satellite Communications Organization (Arabsat) partners with  Arab States Broadcasting Union "ASBU" in organizing and sponsoring the 16th edition of Arab Festival for Radio and Television from  11th  to 16th  May 2015 in Hammamet - Tunisia, attended by more than 600 media figures from all over the Arab world.