Orbital Connect, a global VSAT service provider announced that Krasimir Terziev joined the company. Terziev will become a Managing Partner responsible for executing sales strategies for the development of the satellite services and distribution of products of the leading hardware manufacturers. 

Satellite operator Intelsat announced that Peter B. Davidson has joined the company as Vice President of Global Government Affairs and Policy. Based in the company’s McLean, Va. office, Davidson is responsible for leading the development of Intelsat’s government relations strategy globally, building relationships with individuals in the U.S.

The number of gross SVOD subscriptions grew by 28% in 2019 according to Digital TV Research's SVOD Databook 2020. The net subscriber count rose by 55 million (16%) in 2019 to total 403 million. Therefore, gross subscriptions are growing faster than net subscribers. This means that the average SVOD subscriber paid for 1.59 SVOD subscriptions in 2019 – up from 1.44 in 2018.

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), chaired by Dominique D’Hinnin, released the company's financial results for the fiscal year ended June 30, 2020. It reported total revenues of of €1,278 million--a 3.9 percent decrease from the previous fiscal year 2018-2019 on a reported basis and by -5.0% like-for-like. 

Eutelsat Communications (Euronext Paris: ETL) has reached an agreement with Bigblu Broadband to acquire its European satellite broadband activities. Bigblu Broadband is the largest distributor of satellite broadband packages in Europe with a proven track record, as evidenced by its success as the main Gold member of Euro Broadband Infrastructure’s Preferred Partnership Programme since 2019.

For the quarter ended June 30, 2020, Telesat reported consolidated revenue of CDN$ 208 million, a decrease of 10% (CDN $23 million) compared to the same period in 2019. When adjusted for changes in foreign exchange rates, revenue declined 11% (CDN$ 25 million) compared to 2019.

In its latest research titled, “Satellite Connectivity and Video Market,” Euroconsult revised its forecast to account for the impact of COVID-19. The pandemic has deeply impacted maritime and in-flight connectivity demand, and to a lesser extent other segments such as enterprise networks. It remains to be seen how long those markets will take to recover.

Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2020 and updated its full-year 2020 outlook. Net loss was US$ 12.4 million, or US$ 0.09 per diluted share, for the second quarter of 2020, as compared to net loss of $18.1 million, or $0.16 per diluted share, for the second quarter of 2019.

ConnecTechAsia - Asia’s leading Infocomm Media and Technology event organised in partnership with Singapore’s Infocomm Media Development Authority (IMDA),  announces the launch of the first-ever CommunicAsia Awards to be held on 30 Sept at this year’s virtual event.