Asia-Pacific Markets - Latest Developments
Intelsat S.A. (NYSE: I) reported total revenue of US$ 602.3 million and net income attributable to Intelsat S.A. of US$ 54.7 million, or $0.47 per common share on a diluted basis, for the three months ended March 31, 2015.
Telesat Holdings Inc. today announced its financial results for the three month period ended March 31, 2015. For the quarter, Telesat reported consolidated revenues of CDN$ 229 million, a decrease of approximately 5% ($13 million) compared to the same period in 2014.
Video interviews with key industry executives from Satellite 2015 in Washington, D.C. including Dan Prushnok, CEO-Qunitech Electronics and Communications;
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the three months ended March 31, 2015. SES reported revenues of EUR 477.8 million, up 2.6% (down 4.9% at constant FX over prior year and EBITDA of EUR 356.1 million, up 3.2% (down 4.6% at constant FX1) over prior year.
The EBITDA marginfor the quarter was 74.5% (Q1 2014: 74.3% at constant FX1).Profit of the group was EUR 131.0 million. Contract backlog of EUR 7.4 billion at 31 March 2015.
Arabsat and King Abdulaziz City for Science and Technology (KACST) today announced contracts for Lockheed Martin [NYSE: LMT] to manufacture two A2100 communications satellites. In conjunction with the award, Lockheed Martin, KACST and TAQNIA Space Company, a subsidiary of the Saudi Technology Investment and Development Company (TAQNIA), signed an agreement to explore future design, manufacture, assembly and integration of satellites in the Kingdom of Saudi Arabia.
Spacecom (Tel Aviv Stock Exchange: SCC), the operator of the AMOS satellite fleet, today announced that it is focusing more capacity to Nepal on the AMOS-4 satellite located at the 65°E prime orbital position. In the aftermath of Saturday's enormously deadly earthquake, many service providers have been disabled. Spacecom is offering capacity Free of Charge to emergency responders in Nepal, and throughout the affected region. Additionally, the satellite operator is adding capacity on AMOS-4 for SNG operators in the region to enable them to quickly resume their businesses.
RSCC's Express-AM6 satellite has completed in-orbit testing and is now operational. Located at 53˚ E, one of RSCC’s key orbital slots, the Express-AM6 satellite will provide reliable coverage of Russia, Europe, the Middle East, Africa, and Asia.
The addition of Express-AM6 to RSCC’s satellite constellation bring the total number of satelllites in operation to 11, including seven satellites of the Express-AM series and two DBS satellites of the Express-AT series.
Startup Australian satellite operator NewSat Ltd. has filed for bankruptcy protection in the US state of Delaware. Control of the company transitioned from the executive team to bankruptcy managers who immediately filed a restraining order against NewsSat's creditors.
Jason Preston and Matthew Caddy of McGrathNicol have been appointed joint and several Receivers and Managers, and Stephen Parbery and Marcus Ayres of PPB Advisory have been appointed Voluntary Administrators (“Administrators”) to NewSat Limited (ASX Code: NWT) by its secured creditors on April 17, 2015.
At the 2015 NAB Show in Las Vegas, six leading satellite operators and manufacturers announced today the formation of the SAT>IP Alliance, formalising a coalition that was initiated last year to develop compatible hardware and software for the SAT>IP technology. The SAT>IP Alliance consists of SES, HISPASAT, Panasonic, NAGRA, ALi Corporation and MaxLinear.
Social media has become an even bigger part of consumers’ lives in today’s hyper-connected world. Users are finding more ways to play, interact, work and even monetise content through social media. Asia Pacific, presently the world’s largest mobile region accounts for over half of the globe’s social media usersThe social media explosion has not only changed the lives of hyper-connected consumers, it has also caused a rippling effect throughout its ecosystem – businesses, network infrastructure, communication providers and more.
