More and more people have access to and are using the Internet. However, stronger information and communication technology (ICT) skills are needed to connect people everywhere, highlights ITU's Measuring the Information Society Report 2018. At the same time, ICT prices have dropped globally in the last decade.
XipLink, the technology leader in Wireless Link Optimization is proud to announce the acquisition and subsequent closing on certain assets of Sevis Systems designed to optimize cellular traffic onto IP-based backhaul links. Specifically, XipLink is acquiring the 6000 series product line for circuit oriented (E1/T1) base station connections, the 7000 series for IP base station connections and all related intellectual property associated with these products. Sevis Systems will continue to focus on their core signaling solutions unrelated to the cellular backhaul business.
The international satellite industry has confirmed executives to serve on the Global VSAT Forum (GVF) Board of Directors to lead the association as it continues to build greater awareness and use of the applications, services, and technological advantages provided by satellite-based solutions.
Pay-TV revenue in Asia Pacific, comprised of subscription fees and local and regional advertising sales, will top US$56 billion in 2018 after 5% annual growth, according to Asia Pacific Pay-TV Distribution, a new report published today by leading industry analysts Media Partners Asia (MPA). The Asia Pacific pay-TV industry will continue to expand at a 3% CAGR between 2018-23 to exceed US$66 billion in revenue by 2023, according to MPA forecasts. MPA’s Asia Pacific Pay-TV Distribution report covers 17 markets across the region.
ITU, the United Nations specialized agency for information and communication technologies (ICTs), estimates that at the end of 2018, 51.2 per cent of the global population, or 3.9 billion people, will be using the Internet.
Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2018 and updated its fiscal 2019 guidance.Comtech said net sales for the first quarter of fiscal 2019 were US$ 160.8 million as compared to the US$ 121.6 million achieved during the first quarter of fiscal 2018. It also recorded bookings during the first quarter of fiscal 2019 worth $157.4 million, with a company-wide book-to-bill ratio (a measure defined as bookings divided by net sales) of 0.98.
Professional basketball great Koby Bryant once said “Everything negative – pressure, challenges – is all an opportunity for me to rise.” That is the story of 2018 for the global teleport industry. It has been navigating a period of unprecedented change in market demands, applications, pricing, costs and investment needs – and it has been creating opportunities for a new wave of growth in the process. Or as comic legend Milton Berle put it, “If opportunity doesn’t knock, build a door.”
Teleport Opportunities
NovelSat, a world leader in satellite transmission technology, today announced that Gary Drutin has been appointed as Chief Executive Officer of NovelSat and as a member of the Board of Directors of the company. The Board has accepted the request by Itzik Wulkan to be released from his position as CEO, a role he has held since co-founding NovelSat 11 years ago.
The Asia-Pacific Satellite Communications Council (APSCC) has announced that Dr. Seong Joong Kim, who has led the organization for 8 years, will retire effective April 1, 2019. The industry organization has formed a committee to commence a wide ranging search for a candidate to replace Dr. Kim.
