Asia-Pacific Markets - Latest Developments


Saltaire, UK, March 4, 2014

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.”

Hong Kong, March 4, 2014

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.

Scottsdale, Ariz., March 3, 2014

In 2013 ABI Research estimates one out of every ten pay TV households had access to applications on the set-top box – applications include news and information services, service provider specific apps, OTT video, games, and music services. By 2019 nearly 40% of pay TV households should have access to similar services and features. Video will remain the focus for entertainment applications - consumers’ penchant for OTT video underscores the importance of video and how operator application libraries will evolve.

Luxembourg, February 21, 2014

SES reported 2013 revenues of EUR 1.862 billion (approximately US$ 2.59 billion), an increase of 3.4% at constant foreign exchange rates (FX) over the prior year period; 5.9% when excluding the EUR 42.6 million of analogue revenue recorded in 2012. � 2013 EBITDA  was EUR 1.364 billion, an increase of 2.8% at constant FX over the prior year; 6.2% when excluding analogue revenue.

Washington, D.C., February 20, 2014

Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended  December 31, 2013. The company reported adjusted diluted net income per  common share of $0.84 for the three months ended December 31, 2013. 

Singapore, February 20, 2014

With the ever increasing demand for mobile broadband anytime, anywhere, the explosive growth of Over-the-Top (OTT) content has accelerated rapidly with a staggering 352.4 million people expected to pay for access to OTT programming by 2016[1]. As Asian consumers continue to demand easily-accessible entertainment, OTT services such as pay TV are increasingly becoming a necessity in the region with revenues expected to grow to US$43.9 billion by 2018, according to a research report[2].

Petah Tikva, Israel - February 18, 2014

Gilat Satellite Networks Ltd. today reported its results for the fourth quarter and year ended December 31, 2013. Revenue for 2013 was US$ 234.9 million with EBITDA of US$ 16.3 million. Gilat reported strong backlog of US$ 228 million at the end of 2013 more than doubled as compared to US$98.9 million at the end of 2012.

Net cash increased to US $50.9 million as compared to US$ 18.7 million at the end of 2012.

Paris, France, February 13, 2014

According to Euroconsult's newly released research report entitled "Profiles of Government Space Programs," global budgets for space programs dropped to US$ 72.1 billion in 2013 following peak spending at US$ 72.9 billion in 2012. This is the first time since 1995 that public space programs worldwide have entered a downward trend, a direct result of the cyclical nature of countries' investment in space-based infrastructures combined with governments' belt-tightening efforts during tough economic times.   

Riyadh, Saudi Arabia, February 11, 2014

Arabsat and Morgan for Information and Communications Technology (MICT) signed a contract where Arabsat will provide Morgan with Satellite capacities on Arabsat-5C at the orbital position 20° East, with full coverage to the African continent, in addition to Arabsat usual coverage to the Middle East and large parts of Asia and Europe.

Eng. Khalid bin Ahmed Balkheyour President & CEO of Arabsat expressed his happiness to sign this contract with Morgan, stressing Arabsat full support and commitment to provide the best services for them.

Singapore, February 6, 2014

Social media, big data analytics, OTT, multi-platform screening and CYOD (Choose Your Own Device) have been cited in various industry reports as some of the key trends to watch in 2014. These trends are fuelled by a steep increase in consumption of data and entertainment on mobile devices, with mobile data traffic in Asia Pacific expected to exceed the rest of the world by 2017.