Global Markets - Latest Developments


Englewood, Colo. Feb. 20, 2013

EchoStar Corporation today reported total revenue of US$ 786 million for the quarter ended Dec. 31, 2012 compared to US$ 834 million for the corresponding period in 2011. Total revenue for the fiscal year ending Dec. 31, 2012 is US$ 3,122 million compared to US$ 2,761 million for the corresponding period in 2011.

London, UK,  February 20, 2013

As broadband subscribers approach 635 million globally, the latest figures published by the Broadband Forum and prepared by broadband industry analysts Point Topic reveal that hybrid fiber access (FTTx) has experienced the highest market gain over the past year. Of the 54 million new broadband subscribers added in the year leading up to 3Q 2012, 26 million are being served with fiber (48%). Overall, fiber deployments have now passed cable to account for 19.7% of the total broadband market.

Munich, Germany, February 19, 2013

SES  announced today that satellite continued to increase its household reach in Germany last year, with 18.07 million households receiving their TV directly from satellite at the end of 2012. This increase of 524,000 households from year-end 2011 (plus 3 percent) is despite the switch-off of the analogue satellite signal in April 2012 and is driven by continued strong consumer demand for the large programme offer and quality of satellite TV, especially in High Definition (HD).

London, UK, February 15, 2013

Bob Zitter, EVP and CTO of Home Box Office (HBO) and Daniel Danker, General Manager of On Demand at the BBC, leading industry players in the OTT space, are set to deliver keynotes at next month’s TV Connect in London. The conference and exhibition, now in its ninth year, has evolved to reflect the changing nature of the converging connected entertainment ecosystem, which increasingly looks towards services, content and user-experience, rather than just technology, to drive the market.

Long Beach, Calif., February 15, 2013 by Peter Galace, Associate Editor

Following the unsuccessful launch of the Intelsat 27 spacecraft on February 1, 2013, majority owner RSC Energia affirmed last week its unfailing commitment to the long-term success of the Sea Launch program. But despite the assurances from the Sea Launch partners, the company faces grim prospects. In addition to its difficulty to now secure launch contracts necessary for its survival, the company also faces a big lawsuit that could dampen prospects of Sea Launch’s emergence from bankruptcy.

Dulles, Va., February 14, 2013

Orbital Sciences Corporation today reported its fourth quarter and full year 2012 financial results.  Fourth quarter 2012 revenues were $354.6 million, up 6% compared to $335.5 million in the fourth quarter of 2011.  Fourth quarter 2012 operating income was $31.3 million, an increase of 41% compared to $22.2 million in the fourth quarter of 2011.  

EL SEGUNDO, Calif., February 14, 2013

DirecTV reported on Thursday an increase in fourth quarter net income by 31% to $942 million mainly due to addition of  761,000 new subscribers mostly from Latin America.

The satellite TV giant said fourth quarter 2012 revenues rose by 8% to $8.05 billion, operating profit before depreciation and amortization increased by 8% to $1.92 billion, and operating profit rose by 7% to $1.30 billion compared to last year's fourth quarter.

Englewood, Colorado, February 13, 2013

Liberty Global, Inc. said on Thursday it posted a loss of $331 million, or $1.27 per share, on the fourth quarter of 2012 compared to a profit of $322.8 million, or $1.21 per share, during the same period last year.

The international cable TV and Internet provider controlled by media mogul John Malone, however, posted a full-year 2012 net profit of $323 million, or $1.21 per share, on revenues of $10.3 billion, a 6 percent increase from 2011.

Fairfield, Conn., February 13, 2013

GE announced today the sale of its remaining 49% common equity interest in its joint venture with Comcast, which includes NBCUniversal (NBCU), as well as the NBCU floors in 30 Rockefeller Center, for $18.1 billion.

“By adding significant new capital to our balanced capital allocation plan, we can accelerate our share buyback plans while investing in growth in our core businesses.”

London, UK, February 12, 2013

Western Europe leads adoption of new media technology as smartphone penetration rises 27% a year according to a new ZenithOptimedia study of 19 advanced markets. ZenithOptimedia tracked the adoption of three new media technologies – IPTV, smartphones and tablets – and forecast their penetration to 2015.

Among the findings of the study include:

- Smartphone penetration to double from 36% in 2012 to 72% in 2015