Europe, Middle East and Africa Markets

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) today reported its results for the third quarter ended September 30, 2022.  The company reported revenues of US$ 60.4 million, up 21% year-over-year, GAAP operating income of US$ 3.4 million versus US $0.8 million in Q3 last year, and adjusted EBITDA of US$ 7.3 million, up 88% year-over-year.

The International Telecommunications Union (ITU) Plenipotentiary Conference 2022 (PP- 22) was held from 26 September to 14 October 2022 in Bucharest, Romania.  It was hosted in the actual Parliament House--a palace built by former Romanian President Nikolai Ceausescu.  The Parliament House is bigger then the Pentagon and decorated like Versailles, a very comfortable venue.

The latest forecast from Rethink TV charts the arrival of Open Caching technologies, and the impact they will have on the Video Delivery Market. This market shows no sign of slowing, but there is a fight brewing among its component parts. CDNs currently reign supreme, and while we have previously examined the potential impact of WebRTC and Decentralized-CDN (D-CDN), as part of our CDN studies, the new disruptor on the block is Open Caching.