Asia-Pacific Markets - Latest Developments
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2019. First Quarter revenues of the Operating Verticals of €316.5 million, down 6.2% like-for-like , (ie, at constant currency and perimeter).
Satellite operator Thaicom Public Company Limited (THCOM), announced its financial results for the third quarter ending September 30, 2019. THCOM reported revenue from sales and services for Q3/2019 of THB 1,188 million (approximately US$ 39.37 million), down by 2.3% from Q2/2019 due mainly to the churn of broadband customers. However, the utilization and revenue of broadcast services increased 1.2% QoQ from new sales.
Iridium Communications Inc.
Satelite operator Intelsat S.A. (NYSE: I), today announced financial results for the three and nine months ended September 30, 2019. Intelsat reported total revenue of US$ 506.7 million and net loss attributable to Intelsat S.A. of US$ 148.3 million for the three months ended September 30, 2019.
The World Radiocommunication Conference, the international treaty-making Conference governing the global management of scarce radio-frequency spectrum as well as geostationary-satellite and non-geostationary-satellite orbits, opened today in Sharm El-Sheikh, Egypt.
SES S.A. today announced its financial results for the nine months ended 30 September 2019 with financial performance continuing to be in line with SES’ expectations; sequential growth in quarterly revenue and EBITDA and financial outlook unchanged. SES reported revenue of EUR 1,451.9 million, down 3.9% at constant FX.
Highlights of the results include:
EchoStar Corporation today announced that its subsidiary, EchoStar Global. has acquired Helios Wire, a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global.
Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite.
The Asia Video Industry Association (AVIA) will be holding its second Asia Video Summit this year from 4 - 6 November at the Ritz Carlton, Millenia, Singapore. With over 100 speakers representing 80 companies across the Asia Pacific region, the Asia Video Summit brings to its delegates a riveting line-up of sessions covering the themes of Business Models, Advertising, News, Human Capital and Policy.
On October 9, 2019, at 10:17:56 the Proton-M carrier rocket with Briz-M booster together with Eutelsat 5 West B and Mission Extension Vehicle-1 satellites successfully launched from launchpad No.39 pad No.200 at the Baikonur Cosmodrome.
