On November 1, 2017 Moscow hosted "SatComRus 2017", the 22nd international conference of operators and users of Russia’s satellite communications network. This year the conference was attended by 360 participants from 92 organizations, and the number of private companies and international representatives has increased.
EMEA Markets - Latest Developments
Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).
Established in 2004, Noorsat is the premier distributor of Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels almost exclusively from Eutelsat’s market-leading Middle East and North Africa neighbourhoods at 7/8° West and 25.5° East.
The Satellite Antenna Market Is expected to be valued at US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets. The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.
ITU Telecom World 2017 wrapped up in Busan following a full four-day program of tech innovation showcases, debate, networking and awards. The annual event brought together representatives of nations, leading industry players and small- and medium-sized enterprises (SMEs) from around the world – fostering valuable support for innovation and business partnerships, and facilitating knowledge exchanges and networking.
Northrop Grumman Corporation (NYSE: NOC), a leading global security company, and Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of US$1.4 billion in net debt. Orbital ATK shareholders will receive all-cash consideration of $134.50 per share. The agreement has been approved unanimously by the Boards of Directors of both companies.
NAGRA, a Kudelski Group (SIX:KUD.S) company, an independent provider of content protection and multiscreen television solutions, in partnership with MTM, an international research and strategy consultancy, today published the final conclusions of the 2017 Pay-TV Innovation Forum.
he names of the jury members of the HISPASAT 4K International Short Film Festival have just been announced.
Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.
Financial Highlights
- Group revenues grew 143% to US$ 246.3 million for the period ended June 30, 2017, while service revenues grew 165% to USD 231.9 million.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.
Key Financial Highlights:
In its 50th year, the IBC Conference is still built around the technical papers programme, with the most influential paper in the programme winning the IBC Conference Prize. This year, the award goes to Marcelo Souza and his colleagues Joāo Castellani, Daniel Monteiro and Carlos Octávio Quieroz from Brazilian broadcaster, TV Globo, for their paper entitled ‘Big data for data journalism, enhanced business analytics and video recommendation at Globo’.