Asia-Pacific Markets - Latest Developments
As part of its comprehensive national development strategy, China in 2003, outlined its ten-year space goals. Some of its more important space goals include — an Earth observation system, an independently operated satellite broadcasting and telecommunications system, upgraded overall capacity of launch vehicles, a manned spaceflight, and a complete R&D and test system for manned space projects.
SpeedCast has successfully closed a US$ 55 million Senior Secured Credit Facility. The proceeds of the credit facility was used to finance SpeedCast’s acquisition of a 100% effective interest in Pactel International and refinanced existing indebtedness held by TA Associates, SpeedCast’s controlling shareholder.
CommunicAsia2013, EnterpriseIT2013 and BroadcastAsia2013 closed June 21 after a week of fulfilling business interactions and knowledge exchange amongst like-minded industry professionals. The fourday event, held from 18 to 21 June at the Marina Bay Sands, saw more than 51,000 attendees from 100 countries/regions throng the exhibition halls and conference suites.
CASBAA’s annual Satellite Industry Forum took place on Monday, June 17 at the Shangri-La Hotel in Singapore, attracting over 200 delegates, speakers, media, and guests from across the region and around the world. Long a staple in the industry calendar, this year’s forum explored “An Industry in Transition” with keynotes and panel discussions with satellite experts and leaders representing all facets of the industry.
O3b’s first four satellites were successfully launched aboard the Arianespace Soyuz launch vehicle on Tuesday marking the start of telecommunications and Internet services over Asia, Africa, South America, Australia and the Middle East that combine the global reach of satellite coverage with the speed of a fiber-optic network.
NSR's just released Wireless Backhaul via Satellite, 7th Edition report finds the industry at the cusp of an evolutionary step.
A CASBAA spokesman commented on the favorable evolution of the situation in Vietnam’s pay-TV market in recent weeks. Following a period of confusion after new pay-TV regulations came into force on May 15, most international TV channels (including major global news channels) have been restored to all pay-TV platforms in Vietnam (subject to appropriate commercial contracts and operational arrangements).
The Asia-Pacific’s premier multichannel TV industry association, CASBAA, today announced the dates and theme of its flagship event, the CASBAA Convention 2013. Taking place from 21-24 October 2013 at the Grand Hyatt Hong Kong, the 20th edition of the Convention will celebrate the continually evolving broadcasting industry with Change is ON THE AIR.
CommunicAsia2013, EnterpriseIT2013 and BroadcastAsia2013, the most relevant and largest industry event of its kind in Asia, closed today after a week of fulfilling business interactions and knowledge exchange amongst like-minded industry professionals. The four-day event, held from 18 to 21 June at the Marina Bay Sands, saw more than 51,000 attendees from 100 countries/regions throng the exhibition halls and conference suites.
The Satellite Industry Association (SIA) today released its 2013 State of the Satellite Industry Report, showing a 7% growth in world satellite industry revenues in 2012, up from 5% growth in 2011. Globally, 2012 revenues for the satellite industry totaled $189.5 billion, up from $177.3 billion the previous year. All four industry sectors grew, led by satellite services, the traditional driver for the industry. Both satellite manufacturing and launch services saw significant revenue increases, and satellite ground equipment revenues also continued to expand.
