Asia-Pacific Markets - Latest Developments


Hong Kong, June 2, 2014

Satellite operator ABS is preparing for a major business expansion with the launch of ABS-2A & ABS-3A in 2014/2015 and further satellites to be added to the fleet in the following two years. ABS launched its sixth satellite, ABS-2 in February 2014, covering 80% of the world's population including the emerging markets of Africa, Asia, Europe, Middle East and Russia / CIS. 

Singapore, May 29, 2014

A noteworthy highlight of CommunicAsia2014, industry’s preferred information and communication technology business event in Asia that will be held at Marina Bay Sands Convention Centre from 17 – 20 June, SatComm2014 will once again unveil the largest contingent of satellite companies witnessed at any single ICT trade event in Asia.

London, UK, May 28, 2014

Global pay TV revenues [subscription fees and on-demand movies and TV episodes] will climb to $209 billion in 2020, up from US$193 billion in 2013, according  to a new report from Digital TV Research. The Digital TV World Revenue  Forecasts report states that the fast growth years are over - as a point of  comparison revenues grew by $24 billion between 2010 and 2013. 

Petah Tikva, Israel, May 21, 2014

Gilat Satellite Networks Ltd.  today reported its results for the first quarter ended March 31, 2014. Non-GAAP operating income was US$ 0.5 million, compared to a loss of US$ 0.1 million in the fourth quarter 2013. GAAP operating loss was US$ 1.5 million compared to a loss of US$ 2.7 million in the fourth quarter of 2013

Washington, D.C. May 19,  2014

The Satellite Industry Association (SIA) today released its 2014 State of the Satellite Industry Report, showing a three percent growth rate in world satellite industry revenues in 2013.Globally, 2013 revenues for the satellite industry totaled US$ 195.2 billion, up from US$ 188.8 billion the previous year.

Paris, France, May 15, 2014

Eutelsat Communications today reported revenues for the third quarter and nine months ended 31 March 31, 2014. Revenues for the first nine months were up by 2.5%, at constant currency excluding non-recurring and Satmex revenues. Third quarter revenues were up by 1.5%, and by 6% including Satmex, which was consolidated from January 1, 2014. The total order backlog stood at the  €5.8 billion.

 

Hong Kong, May 13, 2014

Satellite services provider SpeedCast Ltd today announced the buyout of SatComms Australia, a leading satellite solutions provider in Australia. The acquisition will provide SpeedCast with an expanded presence in Australia.

SatComms Australia is a specialized provider of mobile and fixed satellite solutions in the Australian market and in the Asia-Pacific region. The company services customers in the natural resources, maritime and Government sectors. SatComms is based in Queensland, Australia with a teleport and operations center in Henderson, Western Australia.

Hong Kong, May 12, 2014

CASBAA returns to Singapore for its annual gathering exploring the latest developments and issues affecting the satellite industry in the Asia Pacific. Taking place on June 16 at the Shangri-La Singapore, the CASBAA Satellite Industry Forum 2014 will provide a platform for leaders from the satellite sector to come together and share their knowledge and experiences.

Vancouver, British Columbia – May 7, 2014

Norsat International Inc., a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today reported financial results for the first quarter ended March 31, 2014.   Total sales were US$ 9.1 million, compared to US$ 8.4 million in Q1 2013.

Oslo, Norway, May 7, 2014

In the first quarter of 2014, Telenor Group reported revenues of NOK 26.5 Billion (approxiametely US$ 4.4 Billion), representing an organic revenue growth of 1.5%. EBITDA before other items was NOK 9.3 Billion, the EBITDA margin was 35% and operating cash flow was NOK 5.6 billion.