Favorable regulatory environment and growing demand for mobile data is expected to drive the telecommunications market in New Zealand between 2019 and 2024, says GlobalData, a leading data and analytics company.

Sree Venkatesh, Senior Analyst in Telecoms Market Data & Intelligence at GlobalData, says: “Fueled by growing popularity for smartphones, Internet of Things (IoT), machine-to-machine communications (M2M) and 4G technologies, New Zealand telecommunications market will continue to witness growth in the mobile data category during the outlook period.”

Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, driven by sustained momentum and a rapidly developing 5G ecosystem. The forecast is included in the November 2019 edition of the Ericsson Mobility Report, alongside a range of other forecasts with an end-of-2025 timeline and communications service provider insights.

Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc.  a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.

In its latest research titled, “FSS Operators: Benchmarks & Performance Review,” Euroconsult shows that 11 new FSS providers have emerged over the last five years including two in 2018. Many of these companies are state-owned national operators, which will mostly serve national interests. Twelve new satellite operators are planning to enter the FSS geostationary (GEO) market by the early to mid 2020s, including companies targeting national market such as NepalSat, and Royal Group of Cambodia. 

The 38^th ITU World Radiocommunication Conference (WRC-19) has adopted a new innovative milestone-based regulatory approach for the deployment of non-geostationary satellite orbit (NGSO) satellites in specific bands and services.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

Key Financial Highlights:

The GVF-C21 Partnership has announced details of the opening keynote addresses to be given at the HTS Roundtable: GEOs, MEOs, LEOs – Enabling a Brave New World on 2nd December 2019 at ETC Venues-St Pauls, 200 Aldersgate, London EC1A 4HD.

 LYNX Technik Inc., the Americas operation of LYNX Technik AG, a global manufacturer of award-winning signal processing solutions for broadcast and ProAV announces that Abner Figuereo has joined the team as Vice President of Business Development.

ST Engineering iDirect has named Thomas Van den Driessche and Frederik Simoens to pivotal executive leadership roles following ST Engineering’s successful acquisition of Newtec Group NV.Thomas Van den Driessche has been appointed the President of the Executive Strategic Board and Chief Commercial Officer (CCO) and Frederik Simoens has been appointed to the role of Chief Technology Officer.