Europe, Middle East and Africa Markets

A diverse and innovative programme of speakers – together with a cross cutting group of companies representing the satellite, cloud, end-user groups and communications industries consisting of over 80 registered companies – characterises the uniqueness of ‘Satellite & The Cloud 2020: Deployments Across the Satellite Driven Value Chain’ conference, which takes place at London’s Leonardo Royal

Intelsat S.A. (NYSE: I), today announced financial results for the three months and full-year ended December 31, 2019. Intelsat reported total revenue of $517.0 million and net loss attributable to Intelsat S.A. of $115.0 million for the three months ended December 31, 2019. For the year ended December 31, 2019, Intelsat reported total revenue of $2,061.5 million and net loss attributable to Intelsat S.A. of $913.6 million.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2019.

Key Financial Highlights:

A new study from Juniper Research found that the total number of 5G connections will reach 1.5 billion globally by 2025, rising from only 5 million in 2019. This is an annual average growth of 150% over the next 6 years.

As recently as the mid-2000s, the concept of a connected car was limited to maps and music. Now, as we begin a new decade, the market for hardware and software systems inside these connected vehicles is expected to reach $12.7 billion by 2030, according to a new report from Lux Research.  

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sandeep-jalan.jpgSES today announced the Board of Directors has appointed Sandeep Jalan as Chief Financial Officer (CFO) of the company. He will assume the position from May 6, 2020.