Stockholm, Sweden, April 8, 2013--Ericsson has reached an agreement with Microsoft to acquire its TV solution Mediaroom business. This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over 25%. Closing expected during the second half of 2013. Mediaroom is situated in Mountain View, California and employs more than 400 people worldwide.
Luxembourg, April 4, 2013 – German media group Bertelsmann has confirmed plans to cut its stake in RTL Group by selling shares on the stock exchange.Bertelsmann said even if it reduces its shareholding in RTL Group, it will maintain a qualified majority of at least 75 percent.
Luxembourg, April 3, 2013 – After months of eager anticipation, Intelsat Global Holdings S.A has finally announced details of its initial public offering this year. Intelsat said it was offering 21.74 million common shares and 3 million Series A mandatory convertible junior non-voting preferred shares in its IPO.
Neuilly-sur-Seine, France, March 26, 2013--Connected home entertainment solutions provider Netgem's current operating profit for 2012 amounted to €12.3 million (-3% compared to 2011) (US$ 15.75 mil.) or 15% of full-year revenue of €81.2 million (-4% compared to 2011). Gross margin for 2012 amounted to €30.2 million (37% of revenue) as compared to €32.4 million in 2011 (38% of revenue).
Luxembourg, March 19, 2013--SES announced today that it has increased its reach in 2012, driven by strong gains, especially in India and Germany. SES now reaches 276 million TV homes worldwide, over 17 million homes more than in 2011.
Despite a challenging marketplace, new and emerging leaders display high-growth opportunities
Paris, France, March 18, 2013 – According to Euroconsult's newly released research report,Government Space Markets, World Prospects to 2022, government spending on space reached a peak in 2012 of $72.9 billion, a non-negligible increase compared to 2011 which followed two consecutive years of minimal growth. This upswing is attributed to increased activity of countries such as Russia, China, India and new world or regional leaders who compensated for budget uncertainties affecting North America and Europe. Euroconsult expects global government expenditures on space to decrease due to fiscal policies exerting continuous pressure on public finances; improvement is not expected before 2015.
New York City, March 13, 2013– 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.
London, UK, March 8, 2013 — 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.
Saltaire, UK , March 7, 2013 — 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.
London, UK, March 6, 2013--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.