Global Markets - Latest Developments
The reports’ findings reveal unique comparative industry statistics since 2002, showing consistent and strong growth in the Information and Communication Technology (ICT) sector, heralding a positive future for this industry in Afghanistan. It also shows exciting developments in the convergence of technology platforms and media, in step with the wave of new media applications and social media content washing across the globe.
Among the highlights of the study include:
Orbital Sciences Corporation (NYSE: ORB) today reported its financial results for the first quarter of 2012. First quarter 2012 revenues were $338.0 million, up 6% compared to $317.7 million in the first quarter of 2011. First quarter 2012 operating income was $23.8 million, an increase of 136% compared to $10.1 million in the first quarter of 2011.
India continues to be one of the fastest growing major telecom markets in the world. It is also one of the largest. Sweeping reforms introduced by successive Indian governments over the last decade have dramatically changed the nature of telecommunications in the country, according to a new Research and Markets report entitled "India - Telecoms, Mobile, Broadband and Forecasts."
Over the past years, the West and Central African region has witnessed a dramatic increase in mobile broadband connections due mainly to the surge in mobile broadband connections in Nigeria. Effective regulatory environments have made Nigeria and Ghana among the most dynamic broadband markets in sub-Saharan Africa with over 150 market participants and massive terrestrial infrastructure development, according to a rcent Frost and Sullivan report.
Mobile penetration in India reached 74% 2011 with room for further growth accroding to a recent Research and Markets n Report entitled "India - Mobile Communications - Market Overview, Technologies and Forecasts."
The theme of this year’s NAB to be held this month in Las Vegas is “the great content shift.” If you haven’t attended the NAB in the last five years, you’ll hardly recognize it now. The focus is still on traditional broadcasting, but it has since incorporated the many changes in how content is created, managed and distributed in the new multiplatform environment. The NAB now covers Over-the-Top (OTT), IPTV and other new and emerging technologies.
The global space economy grew to US$ 289.77 billion in 2011, reflecting a surprisingly robust single-year expansion of 12.2 percent and five-year growth of 41 percent in a global economy that has been suppressed in many other sectors, according to the Space Report 2012 published by the Space Foundation.
The Satellite TV industry is in the midst of a revolution according to a report by IBISWorld. Satellite TV providers supply popular family shows, news, movies, sports, documentaries and other products to a growing swarm of eager subscribers willing to pay for in-home entertainment. For example, the introduction of high-definition (HD) TV vastly improved the quality of shows and attracted subscribers even as disposable income dropped during the Great Recession.
Mobile Internet will account for 25% of China’s mobile revenues in 2012, up from less than 23% in 2011. In India, mobile Internet will represent 19% of this year’s service revenue. While the figures demonstrate the robust demand for mobile data across the Asia-Pacific, they still pale in comparison to the region’s more advanced markets like Japan (40%) and Hong Kong (44%).
VT Systems and the Utilities Telecom Council (UTC) released the results of a new study on satellite communications in the utility industry. The study, Strategic Assessment of Satellite Usage in the Utility Industry, was conducted to gain a better understanding of how satellite communications is currently used in the utility industry and to better articulate the benefits of modern VSAT systems. Among the key findings were that 60% of utilities surveyed are already using some form of satellite communications technology.
