Vislink plc  today announced that it has completed the acquisition of Pebble Beach Systems for a total consideration of £14.9 million (approximately US$ 24.8 million), comprising £12.9 million payable in cash and £2.0 million represented by the issue of 4,700,904 new Vislink ordinary shares at a price of 42.545 pence per share, being the average mid-market closing price of Vislink's shares for the last 25 business days before, but not including, the day of completion.

Harris Broadcast has announced plans to split into two, under the new brands of Imagine Communications and GatesAir. Imagine Communications will be headquartered in Dallas, with Centers of Excellence in Denver, Toronto, Los Angeles, Tel Aviv and Beijing.  Harris Broadcast made the announcement at its inaugural MediaDay held at Madison Square Garden in New York City.

Dubai, United Arab Emirates, will host the ITU World Telecommunication Development Conference, 30 March – 10 April 2014. The Conference will focus on development priorities and strategies for growth in telecommunications and information and communication technologies (ICT), while highlighting the theme: Broadband for Sustainable Development. 

This is of vital interest to the future growth of ICTs, especially in emerging and developing economies, and wherever new business opportunities open up to the rapidly growing ICT industry.

The Internet is ever-progressing, expanding beyond PCs and mobile devices into enterprise assets such as field equipment and consumer items. For a truly connected city to happen, it has to adopt The Internet of Things (IoT) to transform how both an emerging or developed city delivers services and how business and people interact with one another. This can be done using advanced technologies and solutions that are not just reliable but also deliver high productivity.

Inmarsat plc today reported consolidated preliminary financial results for the year ended 31 December 31, 2013. 
Inmarsat reported Adjusted total revenues of  US$ 1,249.6m (2012: $1,277.6m) and Adjusted EBITDA of US$ 639.8m (2012: $642.8m).

Total Inmarsat Global MSS revenue was US$ 762.4m up 3.3% (2012: $738.0m). Profit before tax US$ 189.1m (2012: $293.6m). Adjusted profit before tax was US$ 365.3m up 8.6% (2012: $336.4m) . The company giave a dividend of 28.82 US cents up 5% from 2012.

CABSAT, the leading professional content management event in the Middle East, Africa and South Asia (MEASA), will debut the cutting-edge Content Delivery Hub – a dedicated platform for multiscreen digital entertainment solutions, turn-key content sourcing, management and marketing of content – during the event’s 20th anniversary celebrations at Dubai World Trade Centre (DWTC) next week.

HISPASAT, the Spanish satellite operator, reported 201.4 million euros in revenues in 2013, a increase of  0.57% from 2012. Excluding the adverse exchange rate effect, this increase would have been 4.35%, mainly due to the increased sales results from markets outside of Spain.  

The Latin American market accounted for 55.6% of revenues per space capacity (+2.4% from 2012), while Europe and North Africa represented 44.4% (-2.2% from 2012). In 2008, before the economic crisis, these percentages were 31.5% and 68.5%, respectively.

CASBAA successfully held its latest TV Upfronts event on Friday, February 21 in Jakarta, Indonesia. Promoting multichannel TV as the ideal platform for marketers to reach their target demographics, the TV Upfronts have taken place in several Asia Pacific markets including Singapore, Kuala Lumpur, Manila, Hong Kong and Bangkok reaching numerous representatives from advertising agencies, clients, broadcasters and media.

UK-based Set-top box manufacturer Pace reported a 2.7% increase in revenues to  US$ 2,469.2 m  from 2012: US $2,403.4m in 2012.  Adjusted EBITA was  up 22.5% to US$ 193.6 m from  US$ 158.1m in 2012. 

Pace said it expected revenue of about US$ 2.70 billion this year, with an operating margin of around 8.5 per cent.

Pace CEO Mike Pulli said the firm had a “sustainable high level of cash generation,” made good strategic progress and said there is “significant opportunity for further improvement.”

CASBAA’s first ever event focusing solely on the fast evolving over-the-top (OTT) services is to take place on March 25, 2014 at the Grand Hyatt, Singapore. The CASBAA OTT Summit 2014: On Top of OTT will bring together some of the region’s leading experts from across the broadcasting industry to share their experiences and insights into the exciting evolving world of OTT content delivery, technology, and revenue streams.