Hong Kong, 21 August 21, 2014 -- Asia Satellite Telecommunications Holdings Limited (AsiaSat) today announced its 2014 interim results for the six months ended June 30, 2014. 1st half 2014 revenues was HK$ 694 million, down 10% compared to the same period last year primarily due to a July 2013 agreement with a major customer which resulted in a significant extension of the contract.
Scottsdale, Ariz., August 20, 2014--The 2nd quarter 2014 showed about a 5% growth in set-top box revenues from a key set of major OEMs according to ABI Research. Most manufacturers saw similar sales, with ARRIS a clear winner, growing about 60% year-over-year to US$ 711 million (pro-forma based on the combined ARRIS-Motorola from the start of 2013). Cisco, however, was a clear loser, falling 30% to US$ 332 million, while Humax saw substantial revenue growth of 30%.
Petah Tikva, Israel, August 13, 2014 – Gilat Satellite Networks Ltd. today reported its results for the second quarter ended June 30, 2014.Revenues for the second quarter increased to US$ 54.1 million compared to US$ 50.9 million in the first quarter of 2014.
Sydney, Australia, August 11, 2014--Telstra, one of the largest telecommunications and information services companies in the world, and Ooyala, a leader in video streaming and analytics, today announced they have reached a definitive agreement for Telstra to acquire Ooyala. The US$ 270 million investment increases Telstra's ownership in Ooyala from 23 per cent (fully diluted) to 98 per cent and is in addition to the US$61 million previously invested in Ooyala over the past two years.
Washington, D.C., August 4, 2014--Intelsat S.A. today reported total revenue of US$ 615.7 million and net income attributable to Intelsat S.A. of US$ 66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014. The company reported adjusted net income per diluted common share1 of $0.76 for the quarter.
Hong Kong, August 1, 2014-- Asia’s pay-TV and broadband industries are at a critical stage of growth and evolution, according to leading research & consulting firm Media Partners Asia (MPA). Pay-TV industry sales, including subscription and advertising, grew at a robust 10% in 2013 to reach approx. US$ 49 billion.
Nonthaburi, Thailand, July 29, 2014-- Thaicom today announced that the NBN Co has selected its wholly owned subsidiary, IPSTAR Australia (IPA), for a new initiative to boost the number of broadband connections for Australians who cannot access an existing commercial broadband service. Under the NBN Co Satellite Support (NSS) Scheme, IPA is appointed an official wholesaler and will deliver the scheme together with participating Internet Service Providers (ISPs) in Australia.
Johannesburg, South Africa, July 24, 2014--ABS has expanded its presence in Johannesburg, South Africa and formed a new Sales liaison office to support its growing business in the Africa continent.
El Segundo, Calif. July 23, 2014—Ultra-high-definition televisions (UHD TVs) continued to make slow and steady inroads throughout the world, but their share of the overall flat-panel TV market remained minimal by the end of May, suggesting that UHD TV pricing in the market remains too high to gain meaningful share, according to a new report from IHS Technology.
Ekaterinberg, Russia, July 18, 2014--GS Group shared insights on how to successfully conduct business in Southeast Asian markets at a round table on "Modern Industrial and Technology Policies in Asia: challenges and opportunities for Russia” organized by the Center for Strategic Research “North-West.” Sharaf Kochkarov Representative for foreign relations, Foreign Broadcasting Projects Department, GS Group, unveiled the successful experience of GS Group entering pay-TV market of the Southeast Asia and establishing broadcasting projects there.