Global Markets - Latest Developments


Dubai, UAE,  March 5, 2013 by Martin Jarrold

Many readers of this edition will no doubt be thumbing the pages or scrolling a tablet screen at the Dubai International Convention & Exhibition Center (DICEC) at CABSAT 2013. Hoping that I’ve caught your attention earlier during CABSAT rather than later, I’d like to invite you to spend some time participating in the GVF MENASAT @ CABSAT Summit programs. The Summits, which are free to attend, take place in the Exhibition Center’s Meeting Room Hatta G & H, located above exhibition Hall 2, on March 13th & 14th.

Hong Kong, March 5, 2013

CASBAA’s first Forum of 2013 lifted the covers off the emerging market of Myanmar. Held in Singapore on February 27, 2013, the Myanmar in View forum attracted over 100 delegates and speakers eager to explore the opportunities and pitfalls of the multichannel TV industry in the country.

“We were extremely encouraged by the tremendous turn-out and reception for the Forum,” said Christopher Slaughter, CEO, CASBAA. “This tells us that there is great interest in doing business with Myanmar and that people are hungry for information about the market.”

Paris, France, March 5, 2013 by Jan Grøndrup-Vivanco

 

For most satellite service providers and teleports, satellite capacity is the single largest Operating Expense (OPEX) cost item and is therefore key to their profitability. This is traditionally also one of the most difficult cost elements to manage, especially for service providers who provide data services for VSAT and trunking.

Princeton, NJ,  March 5, 2013 by Rajiv Hazaray and Carter Lawson

The launch of the first commercial communications satellite (Intelsat1, nicknamed “Early Bird”) on 06 April 1965, the commercial satellite industry has seen declining technology risks but still remains fraught with many business risks. It is a capital-intensive industry with high barriers to entry. An aspiring satellite operator faces the difficult decision of investing hundreds of millions of dollars up to three years before the satellite takes its flight and stabilizes in its orbital slot.

Moscow, Russia,  March 1, 2013

Jean Loïc Galle, President and CEO of Thales Alenia Space,  and Nikolay Testoedov, General Designer and General Director of ISS – Reshetnev  Company, signed an agreement on February 28 for the creation of a Joint Venture between their two companies.

The signing of the agreement  took place in Moscow, in a ceremony attended by leading authorities from  France and Russia, including presidents François Hollande and Vladimir Putin, Vladimir  Popovkin, head of the Federal space agency (Roskosmos), and Jean de Gliniasty., French  ambassador to Russia.

Washington, D.C., February 28, 2013

Intelsat S.A. reported it suffered a net loss of $146.6 million on revenue of $2,610.2 million in 2012. The company reported EBITDA of $1,940.6 million, and Adjusted EBITDA of $2,016.5 million, or 77 percent of revenue, for 2012. 

Intelsat posted revenue of $672.4 million and a net loss of $3.7 million in the last quarter of 2012.  The company EBITDA, or earnings before net interest, loss on early extinguishment of debt, taxes and depreciation and amortization, was $520 million, while its Adjusted EBITDA was $516.5 million, or 77 percent of revenue, in the last quarter. 

Bonn, Germany, Feb 28, 2013

Deutsche Telekom, the German telecoms group, declared on Thursday it was able to achieve its financial targets for 2012. However, the company downplayed a year-end net loss of €5.3 billion (US$6.93 billion), which it attributed to an impairment loss of €7.4 billion (US$9.67 billion) in the third quarter over the planned merger of T-Mobile USA and MetroPCS.

Richmond, BC, Canada, February 27, 2013

MacDonald, Dettwiler and Associates Ltd. (MDA) reported financial results for the full year and fourth quarter ended December 31, 2012.  Consolidated revenues for the full year 2012 increased to $880 million compared to $761 million for the year ended  December 31, 2011.

Hong Kong, February 26, 2013

As India hurtles towards inevitable digitisation, the intricacies of broadcasting are becoming ever more apparent. The CASBAA India Forum 2013, on March 7 in New Delhi, brings into focus the disparate voices of various television industry stakeholders, who each have an interest in a thriving India.

Luxembourg, February 25, 2013 

RTL Group reported on Monday revenue rose 4 percent reaching a record €6 billion (US$7.84 billion) in 2012 but profits of €690 million (US$901.58 million) were down 13.2 percent from €795 million (US$1.038 billion) last year.