NSR’s M2M and IoT via Satellite, 10th Edition (M2M/IoT10) report, published today, forecasts US$ 11.6 billion in revenues will be generated over the next 10 years. All M2M and IoT applications will grow, with total retail revenues to rise at 6.6% CAGR over the coming decade, with a 14% CAGR for in-service M2M/IoT units during this same period.   

And, while significant attention is paid to emerging IoT smallsat constellations, NSR found MSS and VSAT offerings continue to play a solid role in the M2M/IoT growth story.

SatADSL, a provider of professional VSAT services, has announced the completion of its capital increase and the appointment of Serge Van Herck as president of its board of directors.

Serge Van Herck, a veteran of the satellite industry for several decades, has held positions as CEO and as board member at multiple companies and industry organizations.

Increased demand for communications, high-speed internet, and global connectivity is expected to fuel the growth of the satcom equipment market for space across the globe. Research and Markets said its recent findings show that by end-user, the commercial segment is estimated to grow at the highest CAGR during the forecast period.  The satcom equipment market for space is projected to grow from US$ 2.8 billion in 2019 to US$ 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. 

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.

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, is implementing board renewal process and management changes. Russell Reynolds was appointed by the board of Speedcast in July 2019 to undertake a formal global search process for additional non-executive directors as part of Speedcast's board renewal process.

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.

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