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, said 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.

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.

A new research has revealed that the Global Optical Satellite Communication market accounted for $291.32 million in 2017 and is expected to reach $2,861.89 million by 2026, growing at a CAGR of 28.9% during the forecast period.

Increasing usage of high network bandwidth, rising the adoption of various advanced technology, and high growth in emerging countries are some of the factors fuelling market growth. However, over-crowding of available bandwidth is restricting the market growth, says Research and Markets, which did the study.

Eutelsat Communications (Euronext Paris: ETL) has confirmed the successful launch of Eutelsat 7C. The satellite was lifted into space from Kourou, French Guiana by an Ariane 5 rocket at 23h43 CET (21h43 UTC) on June 20.

Global Invacom, a global provider of satellite communications equipment, has announced the acquisition of the technology of the Apexsat group of companies. This includes the assets and intellectual property (IP) from Apexsat.

This acquisition will enable Global Invacom to manufacture products for the upcoming Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) satellite communication constellations market and SATCOM On The Pause (SOTP) tracking two ways systems.

The Asia Video Industry Association (AVIA) welcomed over 180 delegates to the first Satellite Industry Forum (SIF) in Singapore since its rebrand from Casbaa in August 2018. On Monday, CEO Louis Boswell reiterated the importance of AVIA’s continued focus and support of the satellite industry in this period of great change and disruption, particularly in the areas of policy and regulation.

Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.