cabsat1.jpgThe Satellite Hub Summit @ CABSAT 2019, GVF’s prominent MENA platform for addressing and analyzing evolutionary and revolutionary transitions in satellite technologies, services, applications, and markets, was a central feature at the Dubai International Convention & Exhibition Centre/Dubai World Trade Centre over 12th to 14th March.

The Global Enterprise VSAT (Very Small Aperture Terminal) System market accounts for US$ 3.65 billion in 2017 is expected to reach US$ 7.56 billion by 2026 growing at a CAGR of 8.4%.

A new research by Research and Markets said some of the factors such as high advancement in the technology and increasing usage of satellite services for cross-vertical applications are driving the growth of the market. However, the research concluded, high costs are hindering the market growth.

Leading figures from the Middle East’s growing eSports community believe that government-backing would give the Gen Z-led phenomenon the backbone it needs to “thrive” in the UAE and wider region.

Mohammad Albanna, who is on the board of the UAE eSports Federation, and Saeed Sharaf, CEO of eSport Middle East and president of the Syrian eSport Association, led an open panel discussion at the debut eSports Pavilion at CABSAT – the region’s leading event for the satellite, broadcast and filmed content media and entertainment industry.

Traditional multichannel video losses swelled in the fourth quarter to push the full-year decline to a new benchmark in changing viewer preferences, a new S&P Global Market Intelligence report has revealed.

Based from Kagan's fourth-quarter 2018 U.S. multichannel subscription report, it was revealed that combined, the cable, direct broadcast satellite (DBS) and telecom multichannel sectors lost nearly 1.1 million subscriptions in the fourth quarter, which pushed the full-year decline to 4 million. DBS services accounted for more than half of the annual loss, the report said.

Vertice 360, the Spanish media company owned by Squirrel Capital, is set to acquire M-Three Satcom, the Italian based teleport operator founded in 2004 and acquired by Giglio Group in 2015.

M-Three Satcom will be main part of a wider agreement including the purchase by Vertice of other media assets of Giglio Group as the internationally distributed Nautical Channel and  the Italian DTT Lcn  68.