Speedcast International Limited (ASX: SDA) a provider of fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to US$ 100 million, payable over two years and subject to ongoing financial performance. The closing is effective as of November 1,  2017.

Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, today announced it has appointed Steve Mills to the position of Global VP Sales, as it continues to record year-on-year growth of 10 to 20%.

According to the 10th edition of Euroconsult's report, Satellite-Based Earth Observation, Market Prospects to 2026

RigNet, Inc. (NASDAQ:RNET) announced today that Brad Eastman will join the executive management team as Senior Vice President and General Counsel, effective immediately and will report to RigNet’s CEO and President, Steven Pickett. Mr. Eastman succeeds William D. Sutton, who, as previously announced, retired June 23, 2017, after more than nine years of service with RigNet. 

ABS today announced that co-founder and Chief Executive Officer, Thomas (Tom) Choi, is transitioning his role as CEO to that of Director on the Board so that he can pursue other interests and opportunities.  Choi will continue to support the company as a Director on the Board and he remains a significant investor in the business.  

Advertising expenditure attributed to OTT TV episodes and movies (AVOD) will double between 2017 and 2022 to reach $29 billion for 138 countries, according to the Global AVOD Forecasts report by Digital TV Research. Asia Pacific will overtake North America as the leading AVOD region in 2021. Asia Pacific and North America will together account for 77% of the global total by 2022, with Western Europe bringing in a further 16%.

Online TV and video advertising has been boosted in recent years by the rapid growth in mobile advertising. 

Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).

Established in 2004, Noorsat is the premier distributor of Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels almost exclusively from Eutelsat’s market-leading Middle East and North Africa neighbourhoods at 7/8° West and 25.5° East.

According to the 20th edition of the report Satellites to be Built & Launched, Euroconsult anticipates that 300 sa

The Satellite Antenna Market Is expected to be valued at  US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets.  The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.

Subscription Video on Demand] (SVOD) subscriptions are forecast to reach 546 million by 2022; double the 263 million recorded by end-2016, according to the Global SVOD Forecasts report by Digital TV Research which covers 621 platforms in 138 countries. Subscriptions in the Asia Pacific region will overtake North America in 2017. Asia Pacific will account for 43% of global SVOD subs by 2022, with North America supplying 31%. These proportions were 35% and 43% respectively in 2016.