I begin my column this month with a brief statement of sadness. For those of you reading this who do not already know, on 24 February the satellite community – the industry and its stakeholder users – lost a valued friend with the sudden passing away of Simon Gray, Eutelsat’s Senior Vice President for Civil Government, and member of GVF’s Board of Directors.
GVF, and the entire satellite industry, sends its deepest condolences to Simon’s family. Simon passed away shortly after representing the
The consulting firm Capgemini and the MIT Center for Digital Business first coined the term “digital transformation” way back in 2011. They defined it as the use of technology to radically improve performance or the reach of businesses.
That year, 2011, is about a century ago in Internet Years. And here in 2022, the teleport and satellite industries are finally prepared to take it seriously – meaning, to make serious and continuing investments in technologies to transform their own businesses and those of their customers.
Al Yah Satellite Communications Company PJSC listed on the Abu Dhabi Securities Exchange (“ADX”) under (SYMBOL: YAHSAT) (ISIN: AEA007501017) today announced its financial results for the 12-month period ended December 31, 2021. FY2021 revenue of AED 1.49 billion [USS 407.6 million], increased year-on-year driven by exceptional 4Q 2021 performance in which revenues grew 7.9% vs. prior year.
SES S.A. announces financial results for the year ended 31 December 2021. The company reported solid performance delivering revenue of €1,782 million and Adjusted EBITDA of €1,091 million at top end of financial outlook.
Intelsat S.A. announced today that it has successfully completed and emerged from its financial restructuring process as a private company with a substantially strengthened capital structure to support its growth as the leader in satellite communications. This final milestone follows receipt of regulatory approvals, completion of certain corporate actions, and satisfaction of other customary conditions.
The satellite industry is set for unprecedented transformation, with the impact of cloud-based systems, the introduction of next-generation NGSO broadband constellations, and convergence towards a unified 5G network architecture. However, ground segments will also have to play a pivotal role to allow the industry to fully embrace and benefit from these changes.
The 2022 NAB Show will explore the ongoing deployment of Next Gen TV in broadcast television markets across the country and how broadcasters are utilizing the cutting-edge transmission standard to develop consumer-friendly features, capitalize on new content opportunities and unlock new revenue streams. Next Gen TV exhibits, demonstrations and sessions will take place throughout NAB Show, held April 23–27 in Las Vegas, Nevada.
Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the fourth quarter and full-year 2021 and issued its full-year 2022 guidance. Net loss was US$ 5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021, as compared to net loss of US$ 7.9 million, or $0.06 per diluted share, for the fourth quarter of 2020. This improvement was primarily the result of higher commercial service revenue and lower interest expense.
Former National Association of Broadcasters (NAB) President and CEO Gordon Smith will receive the organization’s Distinguished Service Award (NAB DSA) during the 2022 NAB Show in Las Vegas. Smith will receive the award – NAB’s highest honor – at the NAB Show Welcome session on Monday, April 25.
The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2021. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.
