NSR’s Global Satellite Capacity Supply and Demand, 16th Edition report, released today, confirms despite a challenging current climate for capacity sales, long-term projections are promising with revenues doubling over the next 10 years. 

Three-quarters of the world’s pay TV operators will gain subscribers between 2018 and 2024. Covering 505 operators across 135 countries, the Global Pay TV Operator Forecasts report also estimates that two-thirds will increase their revenues over the same period.

Simon Murray, principal analyst at Digital TV Research, added: “The top 50 operators accounted for two-thirds of the world’s pay TV subscribers by end-2018, with this proportion not expected to change over the next five years. The top 10 operators took 45% of the total by end-2018.”

Raytheon Company and United Technologies Corp. have entered into an agreement to combine in an all-stock merger of equals. The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense. The merger of Raytheon, a leading defense company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defense technologies.

Intelsat S.A. (NYSE:  I)  announced today that its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A., intends to offer US$ 300 million aggregate principal amount of its 9.750% senior notes due 2025 (the “Notes”). The offering would constitute an offering of additional notes having the same terms as Intelsat Jackson’s existing 9.750% Senior Notes due 2025 (other than issue price).

The Kudelski Group (SIX:KUD.S), a provider of media content protection and value-added service technology, announced today the appointment of Nancy Goldberg as Chief Marketing Officer (CMO), in charge of the sales and marketing of the Kudelski Group’s Digital TV division. She is joining the Group as Executive Vice President and member of the Group’s Executive Board, succeeding Pierre Roy, who will retire after 25 years within the company.