With the exponential growth of and consumer demand for anywhere-anytime content dominating the direction of the region’s entertainment landscape, CABSAT 2016 will see the region’s leading satellite industry players converge at Dubai World Trade Centre (DWTC) from March 8-10.

SES Platform Services (SES PS), a wholly-owned subsidiary of SES, announced an agreement whereby RR Media, a leading provider of global digital media services to the broadcast and media industries, will merge its operations with those of SES PS.

SES will pay a consideration of USD$ 13.291 per share to acquire a 100% interest in RR Media. The consideration corresponds to an Enterprise Value of US$242 million, which will be funded from the group’s existing financial resources. The acquisition is subject to regulatory approvals, which are expected to be completed in Q2/Q3 2016.

SpeedCast International Limited (ASX: SDA), a global satellite communications and network service provider, today announced Full Year 2015 results, with revenues of US$167.6 million. 

Highlights of the report include:

A new report from Juniper Research has valued operator in-flight roaming revenues at nearly US$ 3 billion by 2020, doubling the value estimated for this year. This figure includes mobile voice, data and SMS.

However, in terms of total operator billed mobile roaming revenues, in-flight roaming will only represent around 5% of revenues globally by 2020.

Targeting Data Roamers

Intelsat S.A. (NYSE: I)  today announced preliminary financial results for the three months and full year ended December 31, 2015. Intelsat reported preliminary total revenue of $571.3 million for the three months ended December 31, 2015.

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 – NYSE Euronext Paris: ETL) reviewed the financial results for the half-year ended 31 December 2015.  First Half revenues were €774 million, up 1.5% on a like-for-like basis.1 Net attributable income was  €188 million, up 17.0%; net margin of 24%.

Other highlights of the results include: 

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the fourth quarter and year ended December 31, 2015 reflecting on a good fourth quarter of 2015 nd forecasting profitable growth in 2016.

Highlights of the results include.

In the business year of 2015 the Spanish satellite communications operator HISPASAT reached a figure of 219.6 million euros in total revenue, representing an 8.7% increase from the previous business year. EBITDA reached 178.9 million euros, which translates into a 10.6% increase with respect to 2014 and represents an operating margin of 81.5%, a figure that further anchors HISPASAT's position as one of the most profitable and efficient companies in the satellite sector.

Eutelsat Communications (NYSE Euronext Paris: ETL) and ViaSat Inc.(NASDAQ: VSAT) today announced an agreement to create a joint venture combining Eutelsat’s current European broadband business with ViaSat’s broadband technologies and consumer Internet Service Provider (ISP) business expertise.

Influential decision-makers from Dreamworks, Sony Pictures, Netflix, Fox International, NBC Universal, Australia’s FremantleMedia, ITV studios, Talpa, Dailymotion, Qatar’s beIN network, the European Broadcasting Union and a host of other major Hollywood and Bollywood studios, worldwide production houses, IPTV and direct broadcast satellite providers, ad agencies, on-demand and OTT providers, and cloud-based TV network broadcasters will discuss the future of TV viewing across the MENA region at CABSAT 2016.