Global Markets - Latest Developments
by Peter I. Galace
Now, is HDTV “the next best thing to being there,” or does it really stand for “Hyped-Up Digital Television”?
Satellite service providers in Asia and around the world are turning to the 2008 Summer Olympic Games in Beijing in August for the answer to this $1080 question. The betting is that the Beijing Olympics, which China is marketing as the “HDTV Olympics,” will indeed accelerate the adoption of HDTV worldwide and will more than make up for HDTV’s underwhelming Olympic sports debut at Athens in 2004.
by Jimmy Schaeffler, The Carmel Group
Many, if not most, who I consulted with through the many months leading to the March 24, 2008, U.S. Department of Justice’s (DOJ) Sirius-XM merger-to-monopoly decision, believed it would favor the merger. But just about everyone was nonplussed by the form it took. This is because not only were there no conditions, caveats, or concerns expressed, but the rationale used to justify it was just plain bizarre. Indeed, this satellite radio decision gives new (and derisive) meaning to the words “monopoly,” “competition” and “antitrust regulation” in America.
New York, NY, March 25, 2008 — After building a successful career on Wall Street as one of the foremost satellite and telecommunications industry analysts, J. Armand Musey will leave tomorrow on an expedition to scale Mt. Everest in an adventure that will both complete a personal goal and raise funds for the American Red Cross' International Response Fund (IRF).
With all the fears of a recession and a tightening financial market hanging over the satellite industry in 2008, one particular market that has provided a good revenue stream for the industry in recent years may remain constant or even continue to grow. That market is the military and government sector worldwide. The US government alone is estimated to spend nearly half a Billion dollars a years in commercial satellite prodicts and services, according to space consultant, Vice-Adm. Lyle Bien, USN (ret.)
Markets for satellite communications equipment and services have expanded to fill the gaps in terrestrial broadcasting and telecommunications networks. Nowhere is this more apparent than in the Middle East, which is the focus of this article. Comprising this picture are satellite operators, such as Arabsat and Nilesat; teleport operators in particular countries such as Dubai, Egypt and Jordan; and service providers who utilize these facilities to deliver applications to their Middle Eastern customers.
