EMEA Markets - Latest Developments


London, UK, April 1, 2022 by Martin Jarrold

In my previous column I introduced the new online educational program jointly developed by GVF, SatProf, Inc., and SSPI – the SBQ – achievement of which will confer the status of being Space Business Qualified. At SATELLITE 2022 the SBQ initiative was officially announced and formally launched.

London, UK, April 1, 2022

OTT TV episodes and movies revenues for 22 Asia Pacific countries will reach US$ 52 billion in 2027; up by 62% from the $32 billion recorded in 2021 according to Digital TV Research. From the US$ 20 billion additional revenues, China will add US$ 3 billion, India US$ 3 billion, South Korea US$ 3 billion and Japan US$ 5 billion. Indian revenues will more than double.

Much of the growth will go ahead outside China. The Chinese government’s clampdown on fan-based culture hit reality productions hard, resulting in SVOD subscriber growth deceleration.

April 1, 2022, New York City, NY by Lou Zacharilla

I am gonna take a wild guess and say that Putin never read Cicero. However, as a trained intelligence officer I am sure that he came across a quote of General Sun Tzu, who stated that “The supreme art of war is to subdue the enemy without fighting.”  The supreme art may have eluded Russia’s political leadership. It has not eluded the satellite community.

Los Angeles, Calif., April 1, 2022 by Elisabeth Tweedie

History was made at the Oscars last month, and I’m not referring to slap heard around the world. The movie CODA took the Oscar for best picture.  This is the first time a movie from a streaming service has been awarded that accolade.  Not only was this movie from a streaming service, it was from Apple, a relatively new entrant and one of the smaller streaming platforms with only 19 Million global subscribers.  Doubtless this win will help spur subscriber growth.  

Madrid. Spain, March 21, 2022

HISPASAT, the Spanish operator and satellite solutions and services provider owned by the Red Eléctrica Group, has reached an agreement to acquire the company AXESS Networks, a  teleport operator and satellite services provider with a presence in Latin America, Europe, the Middle East and Africa.  

Melville, NY, March 10,2022

Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced its second quarter fiscal 2022 financial results and updated its fiscal 2022 financial targets. Comtech announced results and updated financial targets in a new investment letter format that it intends to use for quarterly communications. Here's a link to the letter: https://www.comtechtel.com/static-files/ae9ebe0c-104d-4eb9-ab75-fe974e853c17

Key Second Quarter 2022 Financial Highlights include:

Los Angeles, Calif., March 5, 2022 by Elisabeth Tweedie

The satellite industry is no stranger to mergers and acquisitions, nor to new entrants. The last few years in particular have seen numerous startups enter the industry, indeed that is how the term “new space” originated. Suddenly the industry was no longer the sole domain of large well-established companies, advances in technology meant that the barriers to entry were rapidly being eroded.

Los Angeles, Calif., March 4, 2022 by Virgil Labrador, Editor-in-Chief

Since the first commercial satellites were launched nearly sixty years ago, the potential for connecting the world’s population, especially those in remote, inaccessible areas, has always been touted as one of the key benefits of satellite technology.  With the growth of the internet and the development of satellites that can deliver highly reliable broadband services, it is widely recognized that satellites can play a key role in bridging the digital divide and making a substantial impact on meeting social development goals.