Doors opened today in Budapest for ITU Telecom World 2015, the global ICT innovation event for SMEs, corporates and governments. The event kicked off with a spectacular Opening Ceremony, in the presence of H.E Viktor Orbán, Prime Minister of Hungary, ITU Secretary-General, Houlin Zhao, and a host of other distinguished high-level participants spanning government, industry and representatives of many global SMEs and start-ups.

Pay TV subscriptions for 338 operators across 89 countries will increase by 200 million from a collective 704 million in 2014 to 904 million by 2020, according to a new report from Digital TV Research. The Global Pay TV Operator Forecasts report estimates that 29 operators had more than 5 million paying subs by end- 2014.

sima-fishman.jpgEuroconsult today announced the hiring of Sima Fishman as Managing Director of Euroconsult USA. In this role Sima will manage the development of Euroconsult's services for U.S. customers and Euroconsult's Washington D.C. office.

Satellite Industry Association (SIA) President Tom Stroup today issued the following statement urging Congress to reauthorize the Export-Import Bank of the United States:

“As lost opportunities for domestic commercial satellite manufacturers continue to mount, SIA urges Congressional leadership to reauthorize the Export-Import Bank of the United States (Ex-Im Bank). Without Ex-Im Bank, U.S. commercial satellite manufacturers are increasingly uncompetitive in a global marketplace where foreign buyers account for roughly 75 percent of all commercial satellite sales.

ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to acquire substantially all the assets of WAM Technologies LLC (WAM), an affiliate of Mark-It Services, Inc.

Net Insight, a leading provider of live, interactive and on-demand media transport, today announces its completion of the acquisition of US software company VizuAll Inc., trading under the name of ScheduALL. The acquisition will strengthen Net Insight's market position in media service and workflow orchestration.

Yesterday's closing follows the announcement on September 2, 2015, that Net Insight was entering into an agreement to purchase ScheduALL. Net Insight has acquired 100% of the shares in ScheduALL for USD 14 m on a cash and debt free basis.