Global Markets - Latest Developments
SES S.A. today announced its financial results for the nine months ended 30 September 2019 with financial performance continuing to be in line with SES’ expectations; sequential growth in quarterly revenue and EBITDA and financial outlook unchanged. SES reported revenue of EUR 1,451.9 million, down 3.9% at constant FX.
Highlights of the results include:
Africa’s vast, untapped human potential is on the verge of incredible technological leaps forward with the rapid spread of digital technologies across the continent, along with the growing accessibly of NextGen technology.

EchoStar Corporation today announced that its subsidiary, EchoStar Global. has acquired Helios Wire, a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global.
Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite.
Virgin Galactic (VG) and Social Capital Hedosophia (SCH), a public investment vehicle, today announced the completion of their previously announced business combination. The resulting company is named Virgin Galactic Holdings, Inc. (VGH) and its common stock, units and warrants are expected to commence trading on the New York Stock Exchange under the new ticker symbol “SPCE”, ”SPCE.U” and “SPCE WS", respectively, on October 28, 2019.
The Asia Video Industry Association (AVIA) will be holding its second Asia Video Summit this year from 4 - 6 November at the Ritz Carlton, Millenia, Singapore. With over 100 speakers representing 80 companies across the Asia Pacific region, the Asia Video Summit brings to its delegates a riveting line-up of sessions covering the themes of Business Models, Advertising, News, Human Capital and Policy.
AfricaCom is the place to meet everybody who’s anybody in African telecoms and technology; bringing together 15,000 attendees, 450 speakers and 500 exhibitors. Whether your focus is connectivity infrastructure, disruptive technologies, digital services or ICT strategy, this is the place to network, learn and get deals done.
The Satellite Innovation conference and exhibition held at the Computer History Museum in Mountain View, California from October 8-10 highlighted the latest industry trends and technological innovations. The conference featured over 120 speakers in 17 in-depth sessions and three keynote presentations. There was also an exhibition hall with 55 companies showcasing their products and services. The event organized by Satnews Publishers is now on its third year and is evolving into one of the must-attend industry events in the West Coast of the US.
On October 9, 2019, at 10:17:56 the Proton-M carrier rocket with Briz-M booster together with Eutelsat 5 West B and Mission Extension Vehicle-1 satellites successfully launched from launchpad No.39 pad No.200 at the Baikonur Cosmodrome.
The World Radiocommunication Conference 2019 (WRC-19) to be held at Sharm el-Sheikh, Egypt, from 28 October – 22 November 2019, will address requirements for some of the leading edge technological innovations set to play a pivotal role in tomorrow's digital economy with immense implications for the trillion-dollar telecommunication and ICT industry. It will be preceded by the Radiocommunication Assembly 2019 (RA-19), 21 – 25 October 2019.
