EMEA Markets - Latest Developments
The next World Radiocommunication Conference, WRC-23, will take place between 20 November and 15 December 2023, the International Telecommunication Union (ITU) confirmed today following a consultation with the ITU Member States around the world.
The conference, where governments, regulators and industry gather to update the ITU Radio Regulations, will take place in one of the main cities of the United Arab Emirates (UAE), either Abu Dhabi or Dubai.
Hungaro DigiTel Kft. (HDT), a joint subsidiary of 4iG PLC (75%) and Antenna Hungária Zrt. (25%), has entered into a final agreement with Space-Communication Ltd. (Spacecom) to acquire a 51% stake in the company. Spacecom, listed on the Tel Aviv Stock Exchange, is a satellite operator and service provider with a global coverage, consisting of four geosynchronous satellites, which provides its services in Hungary and the Central and Eastern European region via the AMOS 3 satellite.
As facilitated by GVF, the editor-in-chief of this publication, Virgil Labrador, will be presenting a business outlook analysis during the SatExpo Summit at CABSAT 2021 and asking, “What are satellite operators betting on?” With the digitalization of all industries, and changes in the way we live, work, learn, communicate and consume entertainment, Virgil Labrador will examine how satellite operators can make sure they are developing the right offerings and targeting the right sectors to compete and thrive in an increasingly crowded market, a market which continues to thrive in GEO, expand
Satellite operator SES recently announced that it was seeing strong uptake for its Cloud Playout service, as customers embraced it for management and playout of linear TV channels over satellite. Creating the service was a shrewd move for a satellite operator that generates 60% of total sales from its video business. After initial resistance, US and European broadcasters have been shifting media management and playout to the cloud to take advantage of its robust content management and scheduling applications and the scalability of the cloud. In its press release, SES cited an Ethiopian b
The world’s most pivotal names in satellite, me edia, production, entertainment and technology are set to reconnect, live, in-person at CABSAT 2021 this month in Dubai, UAE. More than 160 companies and brands from 38 countries will present their latest innovations and ideas that will alter the course of the content journey – in a transformed world.
Eutelsat Communications (Euronext Paris: ETL) has exercised a call option on a portion of the latest OneWeb funding round subscribed by Bharti, for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%, making it the second largest shareholder in OneWeb.
The transaction was undertaken on identical financial terms to Eutelsat’s initial investment of $550 million announced in April and completed on 8 September. The completion of this latest transaction is expected around year-end 2021 subject to regulatory authorisations.
The September 2021 issue of the Satellite Executive Briefing magazine is now available. Featuring:
The Satellite Industry in a Post-Pandemic World by Virgil Labrador
The Military Satellite Market by Omkar Nikam
TechBrief: Reliable Battlefield Network Automation by Juan Manuel Martinez
Prospects in the Satellite Data Services Market by Lalit Katare
Interview with Cynthia Harty, Vice-President-Strategic Business Development, ST Engineering iDirect
Company Spotlight: AVEALTO's High Altitude Platform
Show Report: Space Symposium 2021
National Harbor Your Way: In-person or Virtual by Martin Jarrold
PLUS Products and Services Spotlight @SATELLITE 2021, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file.
IBC, the world's most inspiring content and technology event, announces a comprehensive content programme for IBC Show 2021 which for the first time in IBC’s history will be free for all to access. Attendees can watch the sessions in person in Amsterdam or online via IBC Digital, which will launch on 21st October.
OneWeb, the low Earth orbit (LEO) satellite communications company, announced today that it has completed its acquisition of Texas-based TrustComm Inc., a provider of managed satellite communications and professional services to commercial and governments organizations. OneWeb announced the planned acquisition of TrustComm in May 2021 and received all necessary regulatory approvals enabling the transaction to close.
Following consummation of this transaction, TrustComm will become known as OneWeb Technologies Inc, a wholly owned subsidiary of OneWeb.
Seraphim Space Investment Trust plc (LSE: SSIT) announced the acquisition of the holding of Arqit Quantum Inc. from the Seraphim Space LP (Seraphim Space Fund) . As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund for newly issued ordinary shares in the Company. This acquisition represents the second of those transactions to complete.
