Asia-Pacific Markets - Latest Developments


Ottawa, Canada, February 27, 2020

Telesat today announced its financial results for the three-month and one-year periods ended December 31, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the year ended December 31, 2019, Telesat reported consolidated revenue of $911 million, an increase of 1% ($8 million) compared to the same period in 2018.

McLean, Va, February 25, 2020

Iridium Communications Inc. (Nasdaq:IRDM)  today reported financial results for the fourth quarter of 2019 and issued its full-year 2020 guidance. Net loss was $107.9 million, or $0.82 per diluted share, for the fourth quarter of 2019, as compared to net loss of $7.6 million, or $0.09 per diluted share, for the fourth quarter of 2018.

London, UK, February 20, 2020

A diverse and innovative programme of speakers – together with a cross cutting group of companies representing the satellite, cloudend-user groups and communications industries consisting of over 80 registered companies – characterises the uniqueness of ‘Satellite & The Cloud 2020Deployments Across the Satellite Driven Value Chain’ conference, which takes place at London’s Leonardo Royal

Luxembourg, Feb. 20, 2020

Intelsat S.A. (NYSE: I), today announced financial results for the three months and full-year ended December 31, 2019. Intelsat reported total revenue of $517.0 million and net loss attributable to Intelsat S.A. of $115.0 million for the three months ended December 31, 2019. For the year ended December 31, 2019, Intelsat reported total revenue of $2,061.5 million and net loss attributable to Intelsat S.A. of $913.6 million.

Petah Tikva, Israel – February 19, 2020

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2019.

Key Financial Highlights:

February 19, 2020, Washington, D.C.

The National Association of Broadcasters (NAB), organizer of NAB Show, affirmed the 2020 NAB Show is set to take place as planned, April 18 – 22 in Las Vegas. The association is closely monitoring COVID-19, commonly known as coronavirus, and is prepared to devote whatever resources necessary to ensure a safe and productive NAB Show experience.

Hampshire, UK, February 18, 2020

A new study from Juniper Research found that the total number of 5G connections will reach 1.5 billion globally by 2025, rising from only 5 million in 2019. This is an annual average growth of 150% over the next 6 years.

​​​​​​​​​​​Geneva, Switzerland, February 11, 2020

Ten years remain to achieve the United Nations Sustainable Development ​Goals (SDGs). Leaders in AI and humanitarian action will convene at the 2020 AI for Good Global Summit with strong intent to ensure that 'AI for Good' solutions achieve a scale matching that of the ambitions captured by the SDGs.

London, UK, February 4, 2020 

GVF and Century 21 Communications (C21) have announced preliminary details of the speaker line-up for the ‘Satellite & The Cloud 2020Deployments Across the Satellite Driven Value Chain’ conference.

Dublin, Ireland, February 2, 2020

The Global Fixed Satellite Services market is expected to reach US$ 26.2 billion by 2026 according to a new report by Research and Markets. Market growth is further expected to be guided by an increase in demand for smooth transmission of TV and radio signals, the low power needed to provide fixed satellite services, and the low cost of accessing services with high consistency and efficiency.