Global Markets - Latest Developments


Oslo, Norway, May 7, 2014

In the first quarter of 2014, Telenor Group reported revenues of NOK 26.5 Billion (approxiametely US$ 4.4 Billion), representing an organic revenue growth of 1.5%. EBITDA before other items was NOK 9.3 Billion, the EBITDA margin was 35% and operating cash flow was NOK 5.6 billion.

Amman, Jordan, May 6, 2014

Under the royal patronage of HRH Princess Sumaya Bint El Hassan, President of the Royal Scientific Society, the 11th Convergence Summit, will take place in Amman on the 2nd and 3rd of June 2014 at the Four Seasons Hotel. Her Royal highness will be addressing the summit at the opening ceremony.

Singapore, May 6, 2014

Asia’s demand for fast and reliable connected services ‘on-the-go’ is relentless. As a result of this prevalent trend, which is seen not only in developed regions but also in emerging and rural parts of the world as well, the need for high capacity broadband and fibre broadband networks is ever-increasing. This is further fuelled by a steep increase in consumption of data and entertainment on mobile devices, with mobile data traffic in Asia Pacific expected to exceed the rest of the world by 2017.

El Segundo, Calif., May 6, 2014

DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

Houston, Tex., May 6, 2014

ITC Global, a provider of satellite communications to remote and harsh environments announced today that it completed a successful first quarter 2014, signing over US$ 30 million in new long-term service contracts.  The sales come from several new customers, as well as renewals and upgrades from existing clients. The first three months of the year also marked the successful deployment of 27 custom networks for clients across all three of the company’s primary markets – energy, mining, and maritime.  

Washington, DC, May 5, 2014

The National Association of Broadcasters (NAB) is now accepting speaking proposals for the 2014 Content and Communications World (CCW) and Satellite Communications Conference and Expo (SATCON), held November 12-13, 2014 in New York. CCW is a leading media, entertainment and communications technology event focusing on content creation, management and delivery technologies. SATCON offers a conference and exhibition serving companies in the satellite-enabled communications and content delivery industry.

London, UK, May 2, 2014

Maximizing the successful operation of the oil & gas rigs of the future will depend on bandwidth usage level of 100 times that of today. This was the analysis of Brastrading, the Florida, USA, based company which provides engineering and high-level logistics, services, equipment and worldwide telecom solutions for the oil & gas market.

Singapore, May 2, 2014

High definition viewing will soon be a technology of the past, with the proliferation of 4K coming Asia’s way.  4K, also commonly known as ultra-high definition (UHD), is an evolved standard that greatly surpasses HD, bearing a minimum pixel count of 3840 x 2160 compared to the latter’s standard of 1920 x 1080 pixels. Naturally, 4K brings to viewers sharper, higher clarity images and videos.

BroadcastAsia2014 – Offering a preview of cutting-edge 4K technology

Carlsbad, Calif., May 20, 2014

ViaSat’s fiscal year 2014 results reflected strong growth. Revenues increased 21% to US$ 1.4 billion and Adjusted EBITDA grew 35% to US$ 221.2 million compared to last year. Net income attributable to ViaSat common stockholders rose to US$ 0.44 per share on a non-GAAP diluted basis, or a loss of US$ 0.21 per share on a diluted GAAP basis - compared to fiscal year 2013 net income of US$ 0.02 and a loss of US$ 0.94 per share, respectively.

Ottawa, Canada, May 1, 2014

For the quarter ended March 31, 2014, satellite operator Telesat reported consolidated revenue of CDN$ 242 million, an increase of 11% (CDN$ 23 million) compared to the same period  in 2013.