Asia-Pacific Markets - Latest Developments
AST announced the acquisition of a majority stake in Wright Satellite Connections, (WSC) based in Wellington, New Zealand, increasing the previous shareholding from 49% to 75%.
WSC provides mobile satellite communication solutions to defence, maritime, civil defence and other organisations for their use around the world, and their strength lies in providing end to end solutions covering, hardware, airtime connections, training, peripherals such as encryption, and after sales care.
Intelsat S.A. today announced that Intelsat Jackson Holdings S.A., its indirect wholly-owned subsidiary has amended its senior secured credit agreement, which governs its approximately US$ 3.1 billion senior secured term loan facility and $500 million revolving credit facility, effective today.
Increasing popularity and greater airplay of sports such as soccer, golf, tennis, badminton, table tennis and athletics across the region signal a growing appetite among consumers for sports-based programming. To ensure high quality and timely delivery of sports content, businesses are actively exploring broadcasting technologies such as 4K/Ultra HD (UHD), file-based management systems, multi-screen experiences, multi-platform streaming, Nextgen broadcasting, Over-The-Top (OTT) to cater to the burgeoning sports industry in the Asia Pacific region.
As OTT players mature, Voxofon expects accelerating market disruption, more options for consumers. Expect connected devices to integrate even further into the way humans live, work and play, which will accelerate adoption of an ever-expanding array of highly specialized over-the-top (OTT) services and further fragment the telecom ecosystem. These are among the top five predictions for OTT in 2014 issued today by Voxofon, a rapidly growing provider of OTT voice and messaging services.
Voxofon's top 5 predictions for OTT communications services for 2014 include:
Coinciding with the SATCON Satellite Communications Conference & Expo held here November 13-14 at the Javits Convention Center, Teal Group space analysts have identified 3,164 space payloads proposed to be built and launched to earth or deep space orbits between 2013 and 2032. They estimate the value of these satellites and other space payloads at more than US$ 235 billion.
nforma Telecoms & Media, has published new research reporting that telecom network transformation is necessary for operators to remain profitable and provide value for their subscribers.
The telecoms market is experiencing an evolution like no other: Voice revenues are eroding; Web-based and Over-the-Top (OTT) services are cannibalizing the operators’ own services; while total profits in the value chain are dropping. Operators need new ways to counter this erosion and new paradigms to follow in order to remain relevant in the fast-paced, user-driven telecoms market.
At an awards ceremony held on the first day of the SATCON Conference and Exhibition in New York City, the Second Annual Vision Awards announced winners in three categories: David Hershberg, Founder and CEO of Globecomm Systems won the Visionary Executive of the Year; Advantech Wireless’ SapphireBluTM series High Power Amplifiers won the Innovative Product of the Year and satellite operator Arabsat won the Most Promising Company of the Year.
CommunicAsia2014 and EnterpriseIT2014 is back for another year on 17- 20 June 2014 at Marina Bay Sands, Singapore, with the spotlight cast on the latest innovative technologies through the entire communications ecosystem. As Asia's largest ICT industry event, CommunicAsia2014 and EnterpriseIT2014 together will feature new elements with three refreshed thematic clusters ‘NXT': NXT Connected Services, NXT Cities and NXT Enterprises.
Gilat Satellite Networks Ltd. reported a loss of US$ 1.3 million for the third quarter of 2013 compared to an operating income of US$ 5.7 million in the corresponding period in 2012 as revenues fell on account of delays in two of the company's divisions and lesser revenue from Compartel in Colombia.
Gilat said revenue for the third quarter of 2013 dropped to US$ 71.3 million, compared to US$ 89.0 million for the same period in 2012, while EBITDA for the third quarter of reached US$ 2.1 million compared with US$ 9.8 million in the comparable period in 2012.
Euroconsult announced today the release of its Executive Report DTH Platforms: Key Economics & Prospects, the yearly reference report on satellite television. More than 150 platforms with TV revenues primarily derived from direct-to-home satellite broadcasting are now offering services. The 202 million DTH subscribers in over 100 countries (early in 2013) will result in over $100 billion in revenues this year. Although the report highlights large national specificities, three market profiles with different growth patterns and service availability can be identified:
