Global Markets - Latest Developments
Canada’s manufacturer of mobile auto-deploying satellite antenna systems, C-COM Satellite Systems Inc., announced on Thursday that the company continued to post eight consecutive profitable year although net profit for 2012 dropped by 29%.
Asia Satellite Telecommunications Holdings Limited reported on Friday turnover rose 10% to US$242.8 million (HK$1.884 billion) in 2012 while net profit grew by 11% to US$117.8 million (HK$914.491 million).
AsiaSat said its consolidated turnover in 2012 increased by US$21.5 million (HK$167 million) after the company disposed of its entire interest in SpeedCast, its 100% wholly owned VSAT operation, in September 2012. The sale resulted in a gain of US$15.33 million (HK$119 million) in the company’s net profit for 2012.
The World Teleport Association today released Satellite Operator Benchmarks 2013, the third annual WTA global study. The study tracks, rates, and compares the operational and commercial performance of satellite operators, as experienced by teleport operators. The objective of the annual study, now in its third year, is to strengthen the global industry by encouraging self-improvement among all operating companies.
According to NSR’s Energy Markets via Satellite, 3rd Edition report released today, Energy Markets are in the midst of a bandwidth revolution that will positively affect satellite companies over the next decade. More applications at more remote locations continue to drive demand for satellite services, and Oil & Gas, Mining, and Utility end-users will demand over 25 Gbps of satellite capacity by 2022.
The GVF-EMP Conference Partnership have today announced further details of the GVF Oil & Gas Communications Brazil Conference, which will take place in Rio de Janeiro over 16th and 17th April 2013 at the Windsor Plaza Hotel, Copacabana.
IPTV subscribers experienced strong growth in 2012. The success of IPTV, particularly in Asia, is due to strong growth in maturing markets like China and South Korea. Currently, China has the most IPTV subscribers worldwide and that trend will likely continue. The fastest growing IPTV regions continue to be emerging markets like Latin America and the Middle East/Africa which today have relatively few IPTV services, but hold great promise in the future, according to a new report by MRG Research Group.
Inmarsat plc has reported a drop in its full year 2012 profit before income tax to US $293.6 million from US$366.9 million last year after revenues dried up from the ill-fated LightSquared plan to create a new mobile network in the US.
Profit to equity holders also decreased to US$217.1 million or $0.48 per share fromUS $249.3 million or US$0.54 per share last year. Adjusted profit per share was $0.60 compared to $0.53 prior year.
Pace plc, a global developer of technologies and products for PayTV and broadband service providers, has announced that revenues rose 4.1% to US$2,403.4 million in 2012 while earnings before interest, tax and amortization (EBITA) rose by 11.8% to US$158.1 million.
Pace said profit after tax was up 50.5% to $58.4 million compared to $38.8 million in 2011 while free cash flow in 2012 stood at $182.7 million. Company’s closing debt went down by 49.2% to $163.3 million compared to $321.7 million in 2011.
The number of satellite transponders required by Indian TV broadcasters and DTH operators is expected to double or triple over the next five years, according to a new report from CASBAA, the apex Asian association of the cable and satellite television industry. Entitled “Easing India’s Capacity Crunch,” CASBAA’s report was released today at the CASBAA India Forum 2013 in New Delhi. Developed with knowledge support from PwC India, it forecasts that transponders required by the DTH industry will rise from 73 in 2012 to more than 220 in 2017 to meet burgeoning demands by Indian consumers.
The number of pay TV homes in the Middle East and North Africa will double between 2011 and 2018 to 16.0 million, according to a new report from Digital TV Research. The third edition of the Digital TV Middle East and North Africa report forecasts that fewer than 15% of TV households (analog and digital) legitimately paid for TV signals by end-2012. This proportion will climb to 21.6% by 2018.
