Europe, Middle East and Africa Markets

potter.jpgThe Satcoms Innovation Group (SIG) has announced that Bob Potter of Kratos Defense and Security Solutions has been appointed a Director of the group. Bob joins existing directors Andreas Voigt of Eutelsat and Mark Steel of Inmarsat, led by recently appointed Managing Director, Helen Weedon.

A global poll of broadcasters conducted by OnePoll on behalf of Nevion, the architects of virtualized media production, has found that over a third (39%) of respondents expect their organization will be ready to adopt 5G within a year, while a further 53% believe they will be able to do so within the following year.

The survey found that 94% of broadcasters think that their country has the infrastructure ready to adopt 5G. Yet, despite this optimism, only 46% of broadcasters have tested 5G’s capabilities within their organization.

Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended March 31, 2020. Intelsat reported total revenue of US$ 458.8 million and net loss attributable to Intelsat S.A. of US$ 218.8 million for the three months ended March 31, 2020. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 263.3 million and Adjusted EBITDA1 of US$ 294.0 million, or 64 percent of revenue, for the three months ended March 31, 2020.