Global Markets - Latest Developments


Hong Kong, Aug. 27, 2019

Bowenvale Limited and Asia Satellite Telecommunications Holdings Limited (HKSE: 1135; 1135.HK  jointly announced that the proposal for the privatisation of AsiaSat by way of a scheme of arrangement has been approved at the court meeting today.

London, UK, Aug. 26, 2019

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) announced today its preliminary financial results for the six months ended 30 June 2019, highlighted by a rise in its Group revenue by 17.3% to US$ 357.6 million against US$ 304.8 million during the same period last year.

Cheseaux, Switzerland, August 22, 2019 

NAGRA, a Kudelski Group (SIX:KUD.S)company and the world’s leading independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today released the key findings of the Latin American edition of the

Bangkok, Thailand, August 22, 2019

Today, Thailand's Department of Intellectual Property (DIP), and Ministry of Commerce (MOC) toggehter with the Asia Video Industry Association (AVIA) and TrueVisions hosted the Digital Content Anti-Piracy Summit which was held at the Ministry of Commerce Building in Nonthaburi. The anti-piracy summit was attended by over 130 delegates from government, the content industry and the media.

London, UK, Aug. 21, 2019

Visitors at this year’s AfricaCom can expect even more than in previous years, with the launch of a brand-new show feature – the AfricaTech Centre Stage. This is a focused centrepiece at AfricaTech, a new zoned exhibition area dedicated to artificial intelligence (AI), blockchain, fintech, cloud, data and security, and cutting edge content, along with a host of excellent networking opportunities.

Cheseaux-sur-Lausanne, Switzerland, Aug. 21, 2019

The Kudelski Group (SIX: KUD.S), a provider of media content protection and value-added service technology, has reported a net loss of US$20.4 million, which included US$13.7 million of restructuring costs, during the first half of 2019.

Cape Canaveral, Florida, August 10, 2019

Coverage of the launch of Spacecom's Amos-17 satellite by Spacex at Cape Canaveral Air Force Station, Florida, August 6, 2019 with Satellite Markets and Research Editor-in-Chief Virgil Labrador.

Hong Kong, Aug. 9, 2019

Asia Satellite Telecommunications Holdings Limited (SEHK: 1135) announced today its revenue dropped 5% to US$88.39 million (HK$693 million) primarily due to non-renewal of certain customer contracts in mid-2018 and the continued pricing pressures from capacity oversupply in some key markets.

Asiasat said first half 2019 profit attributable to owners, however, was up 4% to US$28.44 million (HK$223 million) as a result of cost controls, favorable currency fluctuations, and reduced tax expenses.

Cape Canaveral Air Force Station, Florida, August 8, 2019

 

Englewood, Colo., Aug. 8, 2019 

Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.