EMEA Markets - Latest Developments
The TV Connect conference and exhibition took the rapidly converging content and TV market into a new era, as thousands of visitors filled the Olympia in London last week. The stellar speaker line-up and calibre of exhibitors and delegates reflected the evolving nature of the industry, specifically focussing on integrating media to monetise the multiplatform environment.
ITU Telecom World 2013 is continuing the ‘one conversation that matters’ this year in Thailand under the theme ‘Embracing Change in a Digital World’. This is supported by a new website launched today to complement the event’s focus on high quality discussion and debate.
Preparations are underway for ITU Telecom World 2013, which will take place in Bangkok, 19 – 22 November, where we will build on the success and findings of last year’s event in Dubai.
Connected home entertainment solutions provider Netgem's current operating profit for 2012 amounted to €12.3 million (-3% compared to 2011) (US$ 15.75 mil.) or 15% of full-year revenue of €81.2 million (-4% compared to 2011). Gross margin for 2012 amounted to €30.2 million (37% of revenue) as compared to €32.4 million in 2011 (38% of revenue).
Operating expenses decreased 9% to €17.9 million in 2012, compared to €19.8 million in 2011, while the number of active customers increased, reflecting the control over operational costs and risks without any impact on the R&D effort.
SES announced today that it has increased its reach in 2012, driven by strong gains, especially in India and Germany. SES now reaches 276 million TV homes worldwide, over 17 million homes more than in 2011.
According to Euroconsult's newly released research report,Government Space Markets, World Prospects to 2022, government spending on space reached a peak in 2012 of $72.9 billion, a non-negligible increase compared to 2011 which followed two consecutive years of minimal growth. This upswing is attributed to increased activity of countries such as Russia, China, India and new world or regional leaders who compensated for budget uncertainties affecting North America and Europe. Euroconsult expects global government expenditures on space to decrease due to fiscal policies exerting continuous pressure on public finances; improvement is not expected before 2015.
The GVF-EMP Conference Partnership have today announced further details of the GVF Oil & Gas Communications Brazil Conference, which will take place in Rio de Janeiro over 16th and 17th April 2013 at the Windsor Plaza Hotel, Copacabana.
Inmarsat plc has reported a drop in its full year 2012 profit before income tax to US $293.6 million from US$366.9 million last year after revenues dried up from the ill-fated LightSquared plan to create a new mobile network in the US.
Profit to equity holders also decreased to US$217.1 million or $0.48 per share fromUS $249.3 million or US$0.54 per share last year. Adjusted profit per share was $0.60 compared to $0.53 prior year.
Pace plc, a global developer of technologies and products for PayTV and broadband service providers, has announced that revenues rose 4.1% to US$2,403.4 million in 2012 while earnings before interest, tax and amortization (EBITA) rose by 11.8% to US$158.1 million.
Pace said profit after tax was up 50.5% to $58.4 million compared to $38.8 million in 2011 while free cash flow in 2012 stood at $182.7 million. Company’s closing debt went down by 49.2% to $163.3 million compared to $321.7 million in 2011.
The number of pay TV homes in the Middle East and North Africa will double between 2011 and 2018 to 16.0 million, according to a new report from Digital TV Research. The third edition of the Digital TV Middle East and North Africa report forecasts that fewer than 15% of TV households (analog and digital) legitimately paid for TV signals by end-2012. This proportion will climb to 21.6% by 2018.
Many readers of this edition will no doubt be thumbing the pages or scrolling a tablet screen at the Dubai International Convention & Exhibition Center (DICEC) at CABSAT 2013. Hoping that I’ve caught your attention earlier during CABSAT rather than later, I’d like to invite you to spend some time participating in the GVF MENASAT @ CABSAT Summit programs. The Summits, which are free to attend, take place in the Exhibition Center’s Meeting Room Hatta G & H, located above exhibition Hall 2, on March 13th & 14th.
