LiveU, a provider of live IP video solutions, is pleased to announce that Francisco Partners, a global technology-focused private equity firm, together with co-investor IGP Capital, have acquired LiveU from its existing shareholders.

The dynamics of the global space community are honing the focus towards developing more international cooperation, with these opening opportunities to transform various industrial sectors. Countries like Luxembourg are becoming the focal points of the global space entrepreneurs by encouraging huge amounts of investments in the space sector, punching far above their weight in this emerging industry.

The Board of Directors of Inmarsat and majority of its shareholders have voted on May 10 in favor of the acquisition of a consortium, comprising Apax, Warburg Pincus, and a pair of Canadian pension funds for US$3.3 billion (€2.9 billion) for the satellite operator.

The deal is expected to close in Q4 this year following regulatory approvals. The offer of acquisition was first reported in March this year.

At Satellite 2019 there was a payload full of exotic, interesting sessions, many flavored for the month and the buzz of the “New Space” era. While our commercial space and satellite industries are undergoing a burst not unlike the roar caused by Mount Vesuvius when it blows, the long hours on the show floor, the stream of panels and the happy chatter at networking events yields an inevitable echo chamber. By the last day we bounce around each other, happily, collegially and more often than not in a state of overload.

It’s hardly surprising that two topics dominated Satellite 2019 in Washington this year, were: the low earth orbit (LEO) constellations, and 5G.  Topics that are constantly in the news, and are in fact related.  Although many of the applications do not require it, low latency is one of the specifications of the 5G standard; therefore many operators feel that the LEO constellations are necessary for the satellite industry to be fully integrated into 5G.

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported slight increase in revenues of US$377.61 million (€337 million), up by 0.7% year-on-year for the third quarter on resilience of broadcast and stable video revenues. Revenues for the five Operating Verticals (ie, excluding ‘Other Revenues’), however, were down by 4%.

Rodolphe Belmer, CEO said the third quarter of 2018-19 saw the return to growth in Broadcast on a quarter-on-quarter basis, an improvement in the US Government renewal rate and commercial wins in Maritime  Mobility.

Societies are entering an era of massive digital transformation. ITU international standards aim to ensure that the benefits of this digital transformation are realized on a global scale. To celebrate the inclusive development and implementation of standards, this year's World Telecommunication and Information Society Day (WTISD) will focus on “Bridging the standardization gap."

With transformation at the top of their agenda, business leaders are meeting at ConnecTechAsia, held in Singapore from 18 – 20 June 2019, to showcase and discover the latest technologies that promise to ready businesses for the future.

The World Teleport Association (WTA) today announced the winners of the 24th annual Teleport Awards for Excellence during an exclusive luncheon at SATELLITE 2019. The awards are presented each year to organizations and individuals in the teleport industry whose achievements have been deemed exceptional by the international trade association and its awards committees, made up of industry members from across the globe.

The 2019 recipients are:

Independent Teleport Operator of the Year: Santander Teleport

Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, was today awarded with the Mobile Satellite Users Association (MSUA)’s Top Infrastructure Award.

Presented at an exclusive ceremony taking place as part of SATELLITE 2019, the accolade was given to highlight the flexible merits of Newtec’s ability to deliver and enhance in-flight connectivity.