Asia-Pacific Markets - Latest Developments
Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended December 31, 2013. The company reported adjusted diluted net income per common share of $0.84 for the three months ended December 31, 2013.
With the ever increasing demand for mobile broadband anytime, anywhere, the explosive growth of Over-the-Top (OTT) content has accelerated rapidly with a staggering 352.4 million people expected to pay for access to OTT programming by 2016[1]. As Asian consumers continue to demand easily-accessible entertainment, OTT services such as pay TV are increasingly becoming a necessity in the region with revenues expected to grow to US$43.9 billion by 2018, according to a research report[2].
Gilat Satellite Networks Ltd. today reported its results for the fourth quarter and year ended December 31, 2013. Revenue for 2013 was US$ 234.9 million with EBITDA of US$ 16.3 million. Gilat reported strong backlog of US$ 228 million at the end of 2013 more than doubled as compared to US$98.9 million at the end of 2012.
Net cash increased to US $50.9 million as compared to US$ 18.7 million at the end of 2012.
According to Euroconsult's newly released research report entitled "Profiles of Government Space Programs," global budgets for space programs dropped to US$ 72.1 billion in 2013 following peak spending at US$ 72.9 billion in 2012. This is the first time since 1995 that public space programs worldwide have entered a downward trend, a direct result of the cyclical nature of countries' investment in space-based infrastructures combined with governments' belt-tightening efforts during tough economic times.
Arabsat and Morgan for Information and Communications Technology (MICT) signed a contract where Arabsat will provide Morgan with Satellite capacities on Arabsat-5C at the orbital position 20° East, with full coverage to the African continent, in addition to Arabsat usual coverage to the Middle East and large parts of Asia and Europe.
Eng. Khalid bin Ahmed Balkheyour President & CEO of Arabsat expressed his happiness to sign this contract with Morgan, stressing Arabsat full support and commitment to provide the best services for them.
Social media, big data analytics, OTT, multi-platform screening and CYOD (Choose Your Own Device) have been cited in various industry reports as some of the key trends to watch in 2014. These trends are fuelled by a steep increase in consumption of data and entertainment on mobile devices, with mobile data traffic in Asia Pacific expected to exceed the rest of the world by 2017.
CASBAA’s annual India Forum will take place on Wednesday, March 5, 2014 at the Shangri-La New Delhi where an international and local roster of high-level speakers will explore the Indian cable and broadcasting markets in the context of the global economy and challenging regulatory regimes.
The ABS-2 satellite was successfully launched at 6:30 p.m. Kourou time today. The satellite was launched on an Ariane ECA launch vehicle from the Guiana Space Center.
Ericsson today announced it has entered into an agreement to acquire Massachusetts-based Azuki Systems, Inc., a provider of TV Anywhere delivery platforms for service providers, content owners and broadcasters.
According to the new market research report entitled "C4ISR Market (Command, Control, Communications, Computers, Intelligence, Surveillance, Reconnaissance, Land Systems, Airborne Systems and Naval Systems) Forecasts 2014 - 2019", the C4ISR market is estimated to be US$ 83.13 billion in 2014 and is expected to register a CAGR of 2.28% to reach US$ 93.04 billion by 2019.
