Global Markets - Latest Developments
Coinciding with the SATCON Satellite Communications Conference & Expo held here November 13-14 at the Javits Convention Center, Teal Group space analysts have identified 3,164 space payloads proposed to be built and launched to earth or deep space orbits between 2013 and 2032. They estimate the value of these satellites and other space payloads at more than US$ 235 billion.
An important project involving satellite operator Eutelsat and regional ISP Caribsat to bridge the digital divide in the French West Indies and French Guiana will make use of Newtec’s Sat3Play® VSAT Broadband Platform.
Satellite operator O3b today moves a step closer to service launch for its customers with the formal opening of its Gateway (satellite ground station) in preparation for its launch and service commencement in 2014. The facility was formally opened by the President of Peru, Ollanta Humala, at a ceremony attended by O3b CEO Steve Collar on Monday, 25 November at 11.00, local time.
nforma Telecoms & Media, has published new research reporting that telecom network transformation is necessary for operators to remain profitable and provide value for their subscribers.
The telecoms market is experiencing an evolution like no other: Voice revenues are eroding; Web-based and Over-the-Top (OTT) services are cannibalizing the operators’ own services; while total profits in the value chain are dropping. Operators need new ways to counter this erosion and new paradigms to follow in order to remain relevant in the fast-paced, user-driven telecoms market.
At an awards ceremony held on the first day of the SATCON Conference and Exhibition in New York City, the Second Annual Vision Awards announced winners in three categories: David Hershberg, Founder and CEO of Globecomm Systems won the Visionary Executive of the Year; Advantech Wireless’ SapphireBluTM series High Power Amplifiers won the Innovative Product of the Year and satellite operator Arabsat won the Most Promising Company of the Year.
The GVF-EMP Conference Partnership has announced additional details of the High Throughput Satellites 2013: The Game-Changer in Action – London Roundtable, which will take place at the Strand Palace Hotel on 5th & 6th December 2013. This event will deliver the third programme in the GVF-EMP Roundtable Series, offering a further timely and topical platform for industry and end-user dialogue just as the satellite operator community continues to bring more HTS capability to orbit and to the satellite broadband solutions market.
CommunicAsia2014 and EnterpriseIT2014 is back for another year on 17- 20 June 2014 at Marina Bay Sands, Singapore, with the spotlight cast on the latest innovative technologies through the entire communications ecosystem. As Asia's largest ICT industry event, CommunicAsia2014 and EnterpriseIT2014 together will feature new elements with three refreshed thematic clusters ‘NXT': NXT Connected Services, NXT Cities and NXT Enterprises.
Gilat Satellite Networks Ltd. reported a loss of US$ 1.3 million for the third quarter of 2013 compared to an operating income of US$ 5.7 million in the corresponding period in 2012 as revenues fell on account of delays in two of the company's divisions and lesser revenue from Compartel in Colombia.
Gilat said revenue for the third quarter of 2013 dropped to US$ 71.3 million, compared to US$ 89.0 million for the same period in 2012, while EBITDA for the third quarter of reached US$ 2.1 million compared with US$ 9.8 million in the comparable period in 2012.
Satellite operations and video delivery solutions provider EchoStar Corp. reported higher revenues for the quarter ended September 30, 2013 but higher expenses caused a drop in its net income for the period.
Satellite and wireless networking systems provider ViaSat Inc. has reported a turnaround to profit in the second quarter fiscal 2014 after recording double-digit revenue increases across all business segments and notable gains in its defense, Internet and commercial satellite equipment businesses.
ViaSat said revenue increased 25 percent compared to the same period last year to a record $353.9 million. Adjusted EBITDA also hit record levels and grew 22 percent year-over-year to US$ 54.4 million for the second quarter.
