Global Markets - Latest Developments
Many vendors anticipate a decline in U.S. Military demand for commercial satellite services, and indeed President-elect Barack Obama has promised to withdraw troops from Iraq within a 16-month period, or by mid-2010. The impending pullout suggests limited presence and thus a decrease in military needs for satellite services, at least from outsourcing capabilities to commercial assets. However, President-elect Obama has likewise indicated that in Afghanistan, troop levels should actually increase.
One of the industry’s little secrets is actually a major trade show that attracts almost three times the number of attendees as the annual Satellite show in Washington, D.C. The Broadcast, Cable and Satellite Eurasia Expo and Conference held annually in November in Istanbul, Turkey attracted over 14,000 attendees in 2007 and 511 exhibiting companies from 44 countries. The exhibition and conference’s main draw is the emerging market of over 500 million people in the Eurasian region where Turkey is a major center.
With the global financial downturn, satellite companies are always looking for new and emerging markets to sell their products and services. But with the increasingly global nature of the world’s economies, there are fewer markets left to explore.
A new generation of satellites, and spectrum assigned to mobile satellite services, will play a prominent role in the next major development in television and radio broadcasting.
· Satellites will enable relatively rapid roll-outs across major regions of the world and spectrum assigned to mobile satellite services holds the key to unlocking this potentially massive market.
· A combination of satellite and terrestrial transmission will deliver the next generation of television, radio and associated multimedia services to mobile and in-vehicle receivers.
Growth in the fixed satellite market has maintained its healthy pace, driven by digital entertainment and emerging digital markets. Accelerated deployments of corporate networks, considerable needs for military communications and broadband access uptake have also contributed to growth, according to Euroconsult’s recently-issued report “World Satellite Communications & Broadcasting Markets Survey, Market Forecasts to 2017.” The report said that the satellite fixed services market is well poised to face the current economic downturn.
Mobile Satellite Services Sector Enters Heavy Launch Phase amidst Financial and Economic Uncertainty
by Robert Bell, Executive Director, World Teleport Association
By “favorite,” I mean “least favorite,” the way the Millennial generation calls something “bad” when they really mean “good.” My favorite recession ran from 1989 to 1991. Fairly mild in most of the United States, it was devastating in the New York metropolitan area where I live. It was…well, it was sufficiently interesting that I don’t really want to talk about it after all.
The first modern Olympics held in Athens in 1896 featured some 241 athletes and were probably witnessed by several thousand spectators. Well over 10,000 athletes are expected for the 2008 Summer Olympics in Beijing, and the best estimates are that the TV viewership records broken during the 2004 Olympics will be smashed once again this year with the possibility of over 4 billion people watching the events in the coming days.
Third Annual Event Draws Top-level Industry and Financial Representatives
Industry executives, analysts and portfolio investment managers will gather in New York City this October 14th for the 3rd annual ISCe Satellite Investment Symposium (ISIS NYC ‘08) to share their insights and predictions about the financial strength and future growth of the satellite business.
Third Annual Event Draws Top-level Industry and Financial Representatives
The Fixed Satellite Service (FSS) satellite operator business is the most established of the satellite industry, with leaders like Intelsat and SES representing many billions of dollars of investment and revenue. In the past, these companies and their predecessors like Hughes Communications Galaxy and RCA American Communications exclusively relied on investor risk capital and internally ground funds. What has changed to make these companies behave more like debt-leveraged industries like wireless/cellular telephone and airlines?
How We Got Here
