Digital TV Research estimates that pay TV subscribers increased by 26 million in 2018 across 138 countries. This took the number of pay TV subscribers beyond 1 billion.

NSR’s M2M and IoT via Satellite, 10th Edition (M2M/IoT10) report, published today, forecasts US$ 11.6 billion in revenues will be generated over the next 10 years. All M2M and IoT applications will grow, with total retail revenues to rise at 6.6% CAGR over the coming decade, with a 14% CAGR for in-service M2M/IoT units during this same period.   

And, while significant attention is paid to emerging IoT smallsat constellations, NSR found MSS and VSAT offerings continue to play a solid role in the M2M/IoT growth story.

SatADSL, a provider of professional VSAT services, has announced the completion of its capital increase and the appointment of Serge Van Herck as president of its board of directors.

Serge Van Herck, a veteran of the satellite industry for several decades, has held positions as CEO and as board member at multiple companies and industry organizations.

Increased demand for communications, high-speed internet, and global connectivity is expected to fuel the growth of the satcom equipment market for space across the globe. Research and Markets said its recent findings show that by end-user, the commercial segment is estimated to grow at the highest CAGR during the forecast period.  The satcom equipment market for space is projected to grow from US$ 2.8 billion in 2019 to US$ 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. 

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, is implementing board renewal process and management changes. Russell Reynolds was appointed by the board of Speedcast in July 2019 to undertake a formal global search process for additional non-executive directors as part of Speedcast's board renewal process.