Spacex’ Falcon 9 rocket successfully launched JCSAT-14, a commercial communications satellite for SKY Perfect JSAT Corporation, to a Geostationary Transfer Orbit (GTO) earlier today at Cape Canaveral Air Force Station, Florida. Friday's mission began at 1:21 a.m.
HISPASAT, the Spanish satellite communications operator, leader in the distribution of content in Spanish and Portuguese, has announced the call for entries for the second edition of the Hispasat 4K International Film Festival, one the first festivals in the world entirely dedicated to short films, shot and post-produced in 4K.
The Internet of Things (IoT) market was worth US$ 605.69 billion in 2014 owing to rising requirement for internet connectivity worldwide coupled with technological advancements according to a report by Grand View Research. The emergence of start-ups in different industries to satisfy growing need of consumers is anticipated to result in increasing venture capital investments. The market is estimated to grow at 15.2 % to reach over US$ 1.88 trillion by 2022.
Vindicia, the leader in enterprise-class subscription billing, and Ooyala, a leading video, analytics and advertising technology provider, today announced key findings from a study that explores the Asia Pacific (APAC) market opportunity for premium over-the-top (OTT) services. Conducted by top research and strategy consultancy, MTM, the findings reveal significant challenges to expansion due to broadband infrastructure and content localization, revenues are expected to grow strongly between now and 2019.
Global pay TV revenues [subscription fees and PPV movies and TV episodes] for 138 countries will only grow by US$ 99 million between 2015 and 2021 to US$ 205.92 billion; having peaked in 2018. This follows 19.5% growth between 2010 and 2015, according to the Digital TV Revenue Forecasts report.
Asia Satellite Telecommunications Company Limited (AsiaSat) announced the appointment of Ms. Zhang Yan as its new Vice President, China, to take over the responsibility of Mr. Zhang Hai Ming as he retires from May 1, 2016.
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) has agreed to increase its interest in O3b Networks (O3b) to 50.5% and, in doing so, will take a controlling share in the company. The transaction is subject to regulatory approvals which are expected to be completed during H2 2016.
Intelsat S.A. (NYSE: I) powered by its satellite backbone, today announced financial results for the three months ended March 31, 2016.Intelsat reported total revenues of US$ 552.6 million for the three months ended March 31, 2016. Net income attributable to Intelsat was US$ 15.3 million, or US$ 0.13 per share on a diluted basis for the three months ended March 31, 2016. The company reported that adjusted net income per diluted common share was $0.31 for the same period.
Iridium Communications Inc.
Telesat Holdings Inc. today announced its financial results for the three month period ended March 31, 2016. Telesat reported consolidated revenues of CDN$ 235 million, an increase of approximately 3% (CDN $6 million) compared to the same period in 2015.
