Global Markets - Latest Developments
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.
KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the first quarter ended March 31, 2015 today. KVH revenues were US$ 41.3 million for the first quarter, up 12% from a year ago Net loss was US$ 1.4 million, net loss per share of $0.09, non-GAAP net income of US$ 0.9 million, and non-GAAP EPS of $0.06.
Continued growth in mini-VSAT Broadbandsm Q1 airtime revenue, up 12% year-over-year. Including the impact of Videotel, strong year-over-year growth in subscription-based service revenue, which represented 61% of total revenue in Q1, up from 47% a year ago.
ITU celebrates its 150th anniversary on Sunday, 17 May. The program includes a keynote speech by Ms. Doris Leuthard, Minister of Environment, Transport, Energy and Communications, Switzerland; panel discussions with eminent laureates of the ITU 150 Award; and forward-looking movers and shakers in the ICT industry, from DuoLingo, BRCK, Alibaba, Ericsson and Telecom Italia Group.
Echostar Corporation (SATS) has reported a 143.87 percent jump in profit for the quarter ended Mar. 31, 2015. The companyearned US$ 29.40 million, or US$ 0.36 a share in the quarter, compared with US$ 12.7 million, or US$ 0.14 a share for the same period last year.
Total revenue of US$ 799 million for the quarter ended March 31, 2015 compared to US$ 826 million for the corresponding period in 2014.
Operating income for the quarter was $81.20 million, compared with $59.82 million in the previous year period.
At the NAB 2015 show in Las Vegas, Nevada, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with Roger Franklin, CEO of Crystal on their recent rebranding and the products they are highlighting at the show.
At the NAB 2015 show in Las Vegas, Nevada, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with Olivier Barberot, CEO-Globecast on their recent reorganization and rebranding of their facilities as "Media Factories."
As the TV and video market continues to evolve, recommendation and discovery solutions must dynamically respond to changing consumer patterns. Content recommendation systems must take in to account the full range of consumer experiences, as well as be informed by content business rules and financial goals in order to be successful.
DIRECTV (NASDAQ:DTV) reported first quarter 2015 results highlighted by solid subscriber growth across the Americas and strong revenue growth at DIRECTV U.S. resulting from improved ARPU and churn performance. DIRECTV U.S. added 60,000 net new customers in the quarter driven by the lowest first quarter average monthly churn rate in six years of 1.37%.
“Our U.S. business generated another strong quarter of results, further demonstrating our company's strong execution, as well as product and brand leadership,” said Mike White , president and CEO of DIRECTV.
In the first quarter of 2015, Telenor Group reported revenues of NOK 30.2 billion, representing an organic revenue growth of 7.6%. EBITDA before other items was also at an all-time high of NOK 10.6 billion. The EBITDA margin was 35% and operating cash flow was NOK 6 billion during the quarter. Net income was NOK 4.1 billion, implying earnings per share of NOK 2.70.
Intelsat S.A. (NYSE: I) reported total revenue of US$ 602.3 million and net income attributable to Intelsat S.A. of US$ 54.7 million, or $0.47 per common share on a diluted basis, for the three months ended March 31, 2015.
