Asia-Pacific Markets - Latest Developments
Further to the announcements made by Bayanat AI PLC (“Bayanat”) and Al Yah Satellite Communications Company P.J.S.C. (“Yahsat”) earlier this week on the recommendation to shareholders by their respective Board of Directors for a merger of the two Abu Dhabi-headquartered and ADX-listed entities, the enlarged entity will be named Space42 post-merger.
Member States of the International Telecommunication Union (ITU) agreed on revisions to the global treaty governing the use of the radio frequency spectrum, both on Earth and in space, at the close of the World Radiocommunication Conference 2023 (WRC-23) today in Dubai, United Arab Emirates.
The agreement on updates to the Radio Regulations identifies new spectrum resources to support technological innovation, deepen global connectivity, increase access to and equitable use of space-based radio resources, and enhance safety at sea, in the air and on land.
The Asia Video Industry Association held its annual OTT Summit in Singapore on 5 December, where over 90% of the speakers were senior female executives from across the video industry in Asia Pacific. This year’s summit was designed to try and redress the gender imbalance seen in many industry conferences.