L3Harris Technologies today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.

Headquartered in Melbourne, Florida, L3Harris is the sixth largest defense company in the U.S., and a top 10 defense company worldwide – with approximately $17 billion in revenue and 50,000 employees, including 20,000 engineers and scientists.

Mathias Hautefort has been appointed to-day chief executive officer of Netgem, replacing Joseph Haddad, who remains chairman. This new organisation reflects the strategic priority on services related to Very High Speed Broadband Fiber.

Eutelsat Communications (Euronext Paris: ETL) has announced several changes to its Executive Committee, as part of a generational renewal of its management body. These changes will be effective as of 1 July this year.

Two events — the World Summit on Information Society (WSIS) and AI for Good Global Summit — made their marks this year at the International Telecomunication Union (ITU) in Geneva, Switrzerland.

Es’hailSat, the Qatar satellite company, will be at the 20th Arab Radio and TV Festival being held on 28-30 June in Culture City in Tunis. The annual festival, organized by Arab States Broadcasting Union (ASBU), aims to contribute to the development of Arab radio and television production, enhance its quality and promote innovative and meaningful trends in the industry.

Three-quarters of the world’s pay TV operators will gain subscribers between 2018 and 2024. Covering 505 operators across 135 countries, the Global Pay TV Operator Forecasts report also estimates that two-thirds will increase their revenues over the same period.

Simon Murray, principal analyst at Digital TV Research, said the top 50 operators accounted for two-thirds of the world’s pay TV subscribers by end-2018, with this proportion not expected to change over the next five years. The top 10 operators took 45% of the total by end-2018.

A new research has revealed that the Global Optical Satellite Communication market accounted for $291.32 million in 2017 and is expected to reach $2,861.89 million by 2026, growing at a CAGR of 28.9% during the forecast period.

Increasing usage of high network bandwidth, rising the adoption of various advanced technology, and high growth in emerging countries are some of the factors fuelling market growth. However, over-crowding of available bandwidth is restricting the market growth, says Research and Markets, which did the study.

CETel, a leading global satellite communications and network service provider, has acquired UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.

Eutelsat Communications (Euronext Paris: ETL) has confirmed the successful launch of Eutelsat 7C. The satellite was lifted into space from Kourou, French Guiana by an Ariane 5 rocket at 23h43 CET (21h43 UTC) on June 20.