The teleport industry got its start in the days when monopoly telephone companies ruled and, in the US, COMSAT was the sole gatekeeper for access to domestic and international satellites. Then the Reagan Administration’s Open Skies policy ended COMSAT’s lock on satellite access, and entrepreneurs jumped on the new opportunity.
Europe, Middle East and Africa Markets
Having worked at a teleport at the beginning of my career, I never miss an opportunity to visit one. Teleports remind me of the very exciting times I spent working in one. There is something about the mix of high technology and innovative, geeky engineers that never cease to amaze me, so when I was invited to visit a teleport in England I didn’t hesitate to accept. But nothing prepared me for what I was about to see…
NSR’s Maritime Satcom Markets, 7th Edition report, forecasts VSAT-enabled Maritime vessels to grow from over 20,000 vessels in 2018 to over 75,000 by 2028. Generating almost US$ 42 billion in cumulative revenues between 2018 – 2028, the Maritime satcom connectivity market has never looked more promising, NSR concluded.
Intelsat S.A. (NYSE: I) reported today total revenues of US$ 528.4 million and net loss of US$ 120.6 million for the three months ended March 31, 2019.
Intelsat said EBITDA, or earnings before net interest, gain on early extinguishment of debt, taxes and depreciation and amortization, ofUS $ 372.8 million and Adjusted EBITDA of US$ 380.3 million, or 72 percent of revenue, for the quarter. Free cash flow from operations was US$ 24 million.
The World Teleport Association (WTA) today named Guido Neumann, CEO, CETel as the 2019 Teleport Executive of the Year.
The Space & Satellite Professionals International (SSPI) has announced the appointment of Thomas Van den Driessche, CEO of Newtec, as president of its board of directors through March 2020.
Iridium Communications Inc. (Nasdaq: IRDM) has reported a net loss of US$ 18.0 million, or $0.18 per diluted share, for the first quarter of 2019, as compared to net income of US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018.
Satellite communications services provider Satcom Global, has announced that James Tucker has joined the company as President of their Asia Pacific region.
Pay TV revenues in Eastern Europe will peak at US$ 6.95 billion in 2019 - before slowly falling to $6.59 billion by 2024. According to Digital TV Research, analog cable revenues will drop by US$ 844 million over this period, so digital pay TV revenues will increase by US$502 million to US$6.56.