Asia-Pacific Markets - Latest Developments
The National Association of Broadcasters (NAB) is currently accepting speaking proposals for the 2016 NAB Show New York, held November 9-10 at the Jacob K. Javits Convention Center.
Spacex successfuly launched the EUTELSAT 117 West B satellite. and the ABS-2A satellites. The satellite was ferried into space by a Falcon 9 rocket that took off from SpaceX’s Space Launch Complex 40 in Cape Canaveral at 10.29 ET (14.29 UTC) and parked EUTELSAT 117 West B in a supersynchronous orbit after a 30-minute flight. The first telemetry from the new satellite has been confirmed and processed at Boeing’s Mission Control Centre in El Segundo, California.
The Kudelski Group announced today the acquisition of 100% of NexGuard Labs BV (formerly Civolution BV), a leader in digital content watermarking solutions. This move expands the Kudelski Group’s portfolio of end-to-end content protection security solutions, enriching the existing offer to content owners and pay-TV operators.
To set the stage for CommunicAsia2016, EnterpriseIT2016 and BroadcastAsia2016, visionary address speaker, Gerd Leonhard, Futurist and Founder and CEO of The Futures Agency explained to attendees that the next 20 years are likely to bring more changes to humanity than the past 300 years.
SES S.A. (Euronext Paris:SESG) (LuxX:SESG) today announced the pricing of an inaugural hybrid bond offering. SES has agreed to sell EUR 750 million of Deeply Subordinated Fixed Rate Resettable Securities and Coupon of 4.625%.
The emergence of new technologies in the satellite industry, including the arrival of HTS GSO and NGSO systems, is prompting the industry to embrace a substantial shift – from offering one-size-fits-all capacity to creating value propositions better tailored to customers’ fast-growing, diverse demand and the price pressures in dynamic economic circumstances. This was a key focus at CASBAA Satellite Industry Forum 2016, attended by close to 200 industry leaders yesterday at Pan Pacific Singapore.
Satelite operator Intelsat S.A. today announced that its subsidiary, Intelsat Jackson Holdings S.A. (“Intelsat Jackson”), has extended the early tender date for its previously announced tender offers (the “Tender Offers”) to purchase its 6 5/8% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5½% Senior Notes due 2023 (CUSIP No. 45824TAP0) (the “2023 Notes”) and 7½% Senior Notes due 2021 (CUSIP No.
ViaSat (NASDAQ: VSAT), a global broadband services and technology company, today announced financial results for the fiscal fourth quarter ended March 31, 2016.
Highlights of the quarter include;
Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), today reported its results for the first quarter ended March 31, 2016. Revenue for Q1 2016 was US$52.7 million compared to US$45.2 million in comparable period of 2015, an increase of 17%.
EBITDA for Q1 2016 increased to US$0.5 million compared to US$0.2 million in comparable period of 2015. Reiterated management objectives for 2016: continued growth with revenues between US$290 and US$310 million and EBITDA between US$18 and US$24 million.
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the third quarter and the nine months ended 31 March 2016. Revenue growth in the Third Quarter was below expectations, reflecting a worse than expected environment in several emerging markets, in particular in Latin America, where much of our new capacity is targeted and the spread of tough competitive conditions in Data Services to all markets.
