EMEA Markets - Latest Developments
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc. a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.
The 38th ITU World Radiocommunication Conference (WRC-19) has adopted a new innovative milestone-based regulatory approach for the deployment of non-geostationary satellite orbit (NGSO) satellites in specific bands and services.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.
Key Financial Highlights:
The GVF-C21 Partnership has announced details of the opening keynote addresses to be given at the HTS Roundtable: GEOs, MEOs, LEOs – Enabling a Brave New World on 2nd December 2019 at ETC Venues-St Pauls, 200 Aldersgate, London EC1A 4HD.
More than 15 000 visitors, over three content-packed days, attended this year’s AfricaCom, and is a record for the event that turned 22 in 2019. AfricaCom is the world’s largest and most influential Africa-focused technology, media and telecommunications event and the presence of so many industry heavyweights, emphasised the significance of the role that technology is playing and will continue to effect, on the way the world progresses.
Telesat today announced its financial results for the three and nine-month periods ended September 30, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the quarter ended September 30, 2019, Telesat reported consolidated revenue of $237 million, an increase of 4% ($10 million) compared to the same period in 2018.
With literally days to go before the world’s most influential Africa-focused technology, media and telecoms event opens its doors on 12th November 2019, organisers have issued an advisory to inform would-be visitors that only a limited number of complimentary tickets remain, and they encourage registration as soon as possible.
The boost in non-stop airline traffic between the USA and Africa is on the rise and access to the continent and its cities has as much to do with technology as it has to do with demand. According to travel writer Shannon Sims, developments in plane construction makes it possible to fly longer routes. And ultra long-haul flights, such as next month’s launch of a non-stop flight from Newark Liberty Airport to Capetown will provide access to South Africa three times per week. Distances of 9,500 miles (15,300 kilometers) covered in less than 15 hours on a non-stop flight is truly a testamen
Last month I spoke at an event for information technology security professionals in Riga, Latvia. The theme of my presentation was a little off the mainstream of topics addressed during the several tracks of the program – unsurprisingly heavily focused on cyber security, but also covering the continuing evolution of 5G, the upcoming generation of terrestrial mobile broadband communications.
AfricaCom 2019 has a strong focus on building gender parity in the technology and telecoms industries this year, with a number of initiatives that will be launched at the event taking place in Cape Town 12- 14 November 2019.
