According to an updated market forecast from ABI Research, the installed base of active wireless connected devices will exceed 16 billion in 2014, about 20% more than in 2013. The number of devices will more than double from the current level, with 40.9 billion forecasted for 2020.
The 2nd quarter 2014 showed about a 5% growth in set-top box revenues from a key set of major OEMs according to ABI Research. Most manufacturers saw similar sales, with ARRIS a clear winner, growing about 60% year-over-year to US$ 711 million (pro-forma based on the combined ARRIS-Motorola from the start of 2013). Cisco, however, was a clear loser, falling 30% to US$ 332 million, while Humax saw substantial revenue growth of 30%.
Mobile Satellite Services (MSS) operator Thuraya Telecommunications,today announced the appointment of Mark Courtney as General Counsel. Courtney leads the Legal Affairs Department where he is responsible for providing counsel on corporate strategy, key contract negotiation, regulatory affairs, policies and procedures as well as legal strategy and compliance. He reports to Samer Halawi, Chief Executive Officer of Thuraya and will serve as a member of the Company’s Leadership Team.
Signalhorn Appoints Andy Frost Chief Commercial Officer and Tom Wright VP Sales for North America
More...Signalhorn has strengthened its Executive Team with the appointments of Andy Frost as Chief Commercial Officer and Tom Wright as Vice President of Sales for North America.
NSR's newly released UltraHD via Satellite, 2nd Edition, forecasts over 820 channels of UltraHD content via Satellite by 2025. With Direct to Home (DTH) leading the charge, this next generation technology will not only lead to higher ARPUs, but also greater customer retention.
Mobile devices with 4K screens expected to reach 478 million unitnits by 2019, but services and content will trail adoption according to ABI Research 2K or “Quad HD” screens currently occupy the premium end of the smartphone market while 2015 will see the launch of 4K/Ultra HD devices.
Rosy forecasts for consumer use of 4K or Ultra-HD video are overly optimistic, says a new report from TDG. While 4K will ultimately reach the mainstream, it will be a niche market for at least another five years, with widespread viewing of 4K content arriving in 2019 and growing quickly beyond.
Gilat Satellite Networks Ltd. today reported its results for the second quarter ended June 30, 2014.Revenues for the second quarter increased to US$ 54.1 million compared to US$ 50.9 million in the first quarter of 2014.
Non-GAAP operating income was US$ 1.5 million, compared to operating income of $0.5 million in the first quarter of 2014. GAAP operating loss was $0.5 million compared to a loss of US$ 1.5 million in the first quarter of 2014
Gilat reaffirms 2014 objectives for annual revenues of $240-$245 million and EBITDA margin levels of approximately 9%
According to Euroconsult's newly released report, "Company Profiles - FSS Operators: The Complete Analysis", the Fixed Satellite Services (FSS) industry generated US$ 12.2 billion in revenues in 2013, corresponding to 2% growth over revenues in 2012. 60% of revenue-generating FSS operators experienced a revenue growth slowdown in 2013 after years of robust growth; ten operators reported a revenue decrease in 2013, compared to only six operators in 2012.
ITC Global, a leading provider of satellite communications to the global energy, mining and maritime markets, announced today that it has appointed David Kagan, a long-time satellite industry veteran, to the position of President. The addition of Mr. Kagan to the already strong ITC Global management team in Europe, Australia, Africa and the U.S. is part of the company's strategic initiatives to drive growth, global integration, operational best practices and industry leading customer service.
