Eutelsat Communications (Euronext Paris: ETL) and Broadpeak announce a circa 20% investment in video content delivery solutions provider Broadpeak.
ConnecTechAsia 2019, which concluded on June 20 in Singapore, continued to live up to expectations of priming Asia for the digital future with over three exciting days of networking and discussions on the latest innovations and trends in 5G, AI, IoT, Smart Cities, and Future of Connectivity.
For a technology launched in the 1980s, VSATs have shown a remarkable ability to adapt and thrive. In fact, they are on a growth curve that, according to NSR, will create cumulative market revenue of $159 billion over the next decade. Maritime is forecast to lead the pack with a 16% CAGR to 75,000 VSAT-enabled vessels by 2028.
ND Satcom pulled out all the stops Thursday, June 27, at its all-day factory event, educating and entertaining over a hundred of attendees from around the world on key facets of its technology and service portfolio through exhibits, tours, and live demos. The dedicated ND SATCOM team was on hand throughout the event to be of service to invitees representing diverse sectors from defence to broadcasting.
Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million and revised its expectation for Underlying EBITDA for full year 2019 to approximately US$140 million to US$150 million.
1H 2019
Speedcast said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million, including US$8 to US$10 million from the Globecomm acquisition which completed in December 2018.
L3Harris Technologies today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.
Headquartered in Melbourne, Florida, L3Harris is the sixth largest defense company in the U.S., and a top 10 defense company worldwide – with approximately $17 billion in revenue and 50,000 employees, including 20,000 engineers and scientists.
Two events — the World Summit on Information Society (WSIS) and AI for Good Global Summit — made their marks this year at the International Telecomunication Union (ITU) in Geneva, Switrzerland.
Es’hailSat, the Qatar satellite company, will be at the 20th Arab Radio and TV Festival being held on 28-30 June in Culture City in Tunis. The annual festival, organized by Arab States Broadcasting Union (ASBU), aims to contribute to the development of Arab radio and television production, enhance its quality and promote innovative and meaningful trends in the industry.
ConnecTechAsia, comprising BroadcastAsia, CommunicAsia and NXTAsia, wrapped up last Thursday drawing 38,000 attendees and 1,700 exhibitors over two venues.
The event unfolded over three exciting days of networking, announcements, thought leadership keynotes and discussions, showcases on the latest innovations and trends including 5G, AI, IoT, Smart Cities, next-generation broadcasting and more.
CETel, a leading global satellite communications and network service provider, has acquired UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.