Global Markets - Latest Developments
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.
The GVF-EMP Conference Partnership has announced additional details of the High Throughput Satellites 2013: The Game-Changer in Action – London Roundtable, which will take place at the Strand Palace Hotel on 5th & 6th December 2013. This event will deliver the third programme in the GVF-EMP Roundtable Series, offering a further timely and topical platform for industry and end-user dialogue just as the satellite operator community continues to bring more HTS capability to orbit and to the satellite broadband solutions market.
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.
Satellite operations and video delivery solutions provider EchoStar Corp. reported higher revenues for the quarter ended September 30, 2013 but higher expenses caused a drop in its net income for the period.
Satellite and wireless networking systems provider ViaSat Inc. has reported a turnaround to profit in the second quarter fiscal 2014 after recording double-digit revenue increases across all business segments and notable gains in its defense, Internet and commercial satellite equipment businesses.
ViaSat said revenue increased 25 percent compared to the same period last year to a record $353.9 million. Adjusted EBITDA also hit record levels and grew 22 percent year-over-year to US$ 54.4 million for the second quarter.
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 $100 billion in revenues this year. Although the report highlights large national specificities, three market profiles with different growth patterns and service availability can be identified:
Orbcomm Inc. said on Thursday total revenues increased 22.4% year-over year to US$ 19.7 million during the third quarter ending September 30, 2013, while service revenues increased 8.3% over the prior year period to US$13.8 million.
Product sales also rose 75% to $5.9 million driven by an increase in organic sales at the company’s Japanese subsidiary and from the company’s new acquisitions. Revenues in Japan, however, were impacted by a less favorable U.S.$/Yen exchange rate this year compared to last year.
Inmarsat plc reported today a drop in its revenues for the three months ended 30 September 2013 to US$ 306.9 million compared to $325 million during the same period last year. Inmarsat Global MSS revenues, however, grew slightly by 0.5% to US$ 187.6 million during the quarter compared to US$ 186.7 million during the same period last year. But Inmarsat Solutions revenues also dropped by 8.5% to US$ 188.3 million during the quarter from US$ 205.9 million during the same quarter last year.
