Global Markets - Latest Developments
The first the Latin American Satellite Communication & Broadcasting Summit (LATSAT) organized by Euroconsult in Mexico City was a big success. Held at the Sheraton Maria Isabel Hotel from June 4-5, 2014, over 100 executives from all over the Americas attended the event.
According to Futron's newly released report entitled: "2014 Space Competitiveness Index: A Comparative Analysis of How Countries Invest in and Benefit from Space Industry," the US continues its leadership in global space competitiveness but declines for the seventh straight year.
A new broadband mapping report reveals a huge opportunity – which no-one is yet taking up. Over five million British homes and businesses are already paying for superfast broadband services. But there is little sign that anybody is yet trying to sell superfast content or applications to this huge market of prosperous consumers.
There have been many radical changes in the recent broadcast industry as the collision between broadcast and IT-centric technologies has accelerated. Where once the industry was a ‘walled garden’ with its own specific technologies, standards and practices, increasingly it finds itself open to the vagaries of wider progress in other fields. And while this means it can reap the advantages of piggybacking on Moore’s law, not to mention a hugely expanded R&D effort in multiple diverse fields, it has also led to numerous problems.
A high level meeting opened today to review progress on the outcomes of the World Summit on the Information Society (WSIS), which was held in Geneva in 2003 and in Tunis in 2005. Policy-makers, including Government Ministers and leaders from civil society, academia, business, and international organizations will focus attention on implementation of the outcomes of the Summit for next year’s ten-year review during the WSIS+10 High-level Event that kicks off today.
International Datacasting Corporation today announced its financial results for the first quarter of Fiscal 2015 ended April 30th, 2014. Revenues totaled CDN$ 2.8 million for the first quarter of Fiscal 2015, 47% lower than the prior year's first quarter.
The decrease from the year earlier quarter was primarily due to lower revenues from data and radio products, in addition to the non-renewal of the Canadian Forces Radio and Television service which ended on March 31st, 2014, according to IDC.
HISPASAT, the Spanish satellite telecommunications operator, today announced that is has completed an agreement with Intelsat, the world's lagest satellite operator, to jointly provide satellite services at the 55.5ºW orbital position for the Latin American market.
Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2014. Net sales for the third quarter of fiscal 2014 were US$ 88.9 million compared to US$ 69.9 million for the third quarter of fiscal 2013.
Inmarsat and Arabsat subsiary company Hellas-sat today announce that they have signed an agreement together to launch a joint satellite into 390 E orbital location. The satellite will carry two missions; first, the S-band payload (designated ‘EuropaSat’), which represents Inmarsat’s commitment to deploy an integrated telecommunications network to deliver aviation passenger connectivity services on a EU-wide basis and a 44 Ku-band transponders payload designated ‘Hellas-sat 3’ for Hellas-sat, that will replace the existing Hellas-sat 2 satellite.
NSR’s newly released Wireless Backhaul, Trunking and Video Offload via Satellite, 8th Edition finds the Asian region dominating the wireless backhaul, trunking and video offload market on an annualized basis, leading to over 27% of cumulative global revenues from 2013-2023. The large user base, the topographic challenges and key markets that include Australia, China, India and Indonesia are key elements favoring satellite usage compared to other regions.
