EMEA Markets - Latest Developments


Petah Tikva, Israel, Nov. 13, 2013

Gilat Satellite Networks Ltd. reported a loss of US$ 1.3 million for the third quarter of 2013 compared to an operating income of US$ 5.7 million in the corresponding period in 2012 as revenues fell on account of delays in two of the company's divisions and lesser revenue from Compartel in Colombia.

Gilat said revenue for the third quarter of 2013 dropped to US$ 71.3 million, compared to US$ 89.0 million for the same period in 2012, while EBITDA for the third quarter of reached US$ 2.1 million compared with US$ 9.8 million in the comparable period in 2012.

Paris, France, November 12, 2013

 Euroconsult announced today the release of its Executive Report DTH Platforms: Key Economics & Prospects, the yearly reference report on satellite television. More than 150 platforms with TV revenues primarily derived from direct-to-home satellite broadcasting are now offering services. The 202 million DTH subscribers in over 100 countries (early in 2013) will result in over $100 billion in revenues this year. Although the report highlights large national specificities, three market profiles with different growth patterns and service availability can be identified:

London, UK, Nov. 7, 2013

Inmarsat plc reported today a drop in its revenues for the three months ended 30 September 2013 to US$ 306.9 million compared to $325 million during the same period last year. Inmarsat Global MSS revenues, however, grew slightly by 0.5% to US$ 187.6 million during the quarter compared to US$ 186.7 million during the same period last year. But Inmarsat Solutions revenues also dropped by 8.5% to US$ 188.3 million during the quarter from US$ 205.9 million during the same quarter last year.

Rochelle Park, NJ, November 4, 2013

ORBCOMM Inc. a global provider of Machine-to-Machine (M2M) solutions, and Inmarsat, a provider of global mobile satellite communications services, today announced a strategic alliance to collaborate on joint product development and distribution to address the needs of the rapidly growing satellite M2M market. In addition, they will investigate opportunities for future satellite network expansion and integration.

Paris, France, November 4, 2013

According to Euroconsult's recently published research report, Satellites to be Built & Launched by 2022, World Market Survey , 115 satellites will be launched on average each year worldwide over the next 10 years (2013-2022). As several commercial and government constellations will be launched into low earth orbit (LEO) in the coming years, up to 140 satellites per year are expected between 2015 and 2017, decelerating to 100 units afterwards.

Washington, D.C., November 1, 2013

Intelsat S.A.  reported on revenues of US$ 651.8 million and net income of $87.8 million, or $0.75 per share, for the three months ended September 30, 2013.  But the company admitted that its Q3 revenues was badly hit by the slowdown in military and other US Defense Department spending on satellite bandwidth, and warned of even lower revenues ahead from cuts in U.S. government spending.

Typically, Intelsat generates around 19 percent of its annual revenues from sales to government agencies and the military.

Singapore, November 1, 2013

CommunicAsia2014, Asia's largest and most comprehensive business networking event for the global ICT industry returns to Marina Bay Sands Singapore from 17 to 20 June 2014. Featuring a myriad of the latest products, technologies and solutions, this trade show is hailed by industry as the most relevant platform for networking, product sourcing and knowledge gathering opportunities.

Paris, France, Oct. 29, 2013

Fuelled by an increase in data and value-added services, Eutelsat Communications reported on Tuesday revenues of €323.5 (US$444.74 million) for the first quarter ended Sept. 30 2013, up 2.9% from first quarter 2012.

The company also reported a backlog of €5.4 billion (US$7.42 billion), up 3.9 % year-on-year, assuring Eutelsat of reaching its current year and three year targets.

Michel de Rosen, Eutelsat Chairman and CEO, said Eutelsat delivered first quarter 2013-2014 revenues in line with objectives.

Denver, Colorado, Oct. 28, 2013

In an effort to balance its books after its spending spree on European cable assets, Liberty Global plc announced today the sale of all its international content division Chellomedia to AMC Networks Inc. for US$1.035 billion.

Mountain View, Calif., Oct. 24, 2013

Video consumption across non-traditional devices such as tablets, smartphones, PCs and connected PCs evolved exponentially into a global phenomenon that is not restricted to a geographic area or a limited number of service providers.  With cable TV service providers offering more applications and interactive content, the rising adoption of IP by broadcasters and video service providers, and the growing consolidation among operators, the global IP video network management market benefited greatly, forecasted to reach US$ 442.4 million in 2017, from US$ 217.8 million in 2012.