ITV

Tag: satellite services

  • Intelsat expected to raise $471.7 million from IPO

    Intelsat expected to raise $471.7 million from IPO

    MUMBAI: Intelsat, world‘s leading provider of satellite services, is expected to raise net proceeds of approximately $471.7 million after deducting the underwriting discounts and commissions and estimated offering expenses, from its initial public offering on the New York Stock Exchange.

    This is well below the $1.75 billion target that the satellite operator had set for itself while filing for the IPO 11 months ago.

    Intelsat is offering 19.32 million common shares at a price of $18 per share and concurrent public offering of three million Series A mandatory convertible junior non-voting preferred shares at a price of $50 per share.

    Total net proceeds from the offering of common shares, after deducting the underwriting discounts and commissions and estimated offering expenses, is expected to be approximately $328.8 million.

    Total net proceeds from the offering of Series A preferred shares, after deducting the underwriting discounts and commissions, is expected to be approximately $142.9 million.

    The Company intends to use substantially all of the net proceeds from the offerings to repay, redeem, retire or repurchase a portion of its outstanding indebtedness.

    Intelsat is the leading provider of satellite services worldwide. For over 45 years, Intelsat has been delivering information and entertainment for many of the world‘s leading media and network companies, multinational corporations, Internet Service Providers and governmental agencies.

    For the fiscal ended 31 December 2012, Intelsat had reported net loss of $146.6 million on revenues of $2.6 billion. The company had a contracted backlog of $10.7 billion.

  • Vision Asia chooses Telstra for managed satellite services

    Vision Asia chooses Telstra for managed satellite services

    MUMBAI: Direct-to-home (DTH) services provider Vision Asia has selected Telstra to provide managed satellite services for its Australian and New Zealand viewers in a deal worth more than $24 million over 10 years.

    Telstra Global head of voice, satellite business, Peter Hobbs said, “Telstra’s new managed global satellite service offers a quality alternative for Australian broadcasters and continues the company’s growth in its suite of network application and services. Vision Asia will be the first organisation to benefit from Telstra’s DTH broadcast services.”

    “We receive the Vision Asia content from its international source, encrypt, encode and multiplex at our Perth teleport, and then transmit the complete package to Vision Asia’s customers across Australia and New Zealand.

    “These new solutions add to our already substantial experience in providing services to the media sector. These include our wholly owned and operated Digital Video broadcast network, our IPTV Content Delivery Network, and our recent managed content cloud services, which provide clients with end-to-end solutions reaching web, phone, tablet and connected TV viewers.”

    Vision Asia CEO Gurudutt Satigrama, said that the Telstra deal was a win-win situation both for his company and his customers. “Through the new Telstra solution, we are able to benefit from not only a higher quality and more efficient international satellite service, but also from the local market service expertise and track record Telstra has in delivering best in class content distribution and management services to the Australian media Industry.

    “We have recently completed the transition to Telstra and are now offering Vision Asia customers an enhanced viewing experience.”

    Telstra’s managed satellite solutions are provided via Telstra’s teleports in Perth, Sydney and Hong Kong. These teleports provide access to a global network of major satellite systems, which enables Telstra satellite customers to efficiently and quickly acquire live international television feeds, as well as a comprehensive suite of other satellite services.

    The Vision Asia services are delivered via the IS-19 satellite which utilises advanced, high-powered transponders giving single beam and single footprint coverage of both Australia and New Zealand. Telstra’s platform supports the latest media transmission technologies including DVBS2 and MPEG4, and HD encoding.

    Telstra Global provides innovative and flexible global communications services and solutions for organisations looking to maximise the benefits of globalisation, particularly across growth regions such as Asia, whilst driving sustainability and enhancing business agility.

  • Discovery launches HD service in Europe via Intelsat

    Discovery launches HD service in Europe via Intelsat

    MUMBAI: Satellite services firm Intelsat has announced that Discovery will use its Pas-12 satellite to provide Discovery HD, the company’s international high-definition network, in Europe.

    The signing of Discovery as an anchor tenant on Pas-12 marks the start of a high-powered distribution alternative to new channels looking to deliver HD programming across Europe says Intelsat.

    Using capacity on Pas-12, Discovery will provide distribution of Discovery HD, which will originate at its European headquarters in London, to Europe. GlobeCast Europe will uplink the content at its Brookman’s Park teleport in the UK. The signing of the new agreement with Intelsat marks the significant expansion of an already successful relationship, as Intelsat currently provides distribution capacity for Discovery to reach its nearly 1.5 billion cumulative subscribers worldwide.

    Discovery executive VP media, technology and operations John Honeycutt says, “High-definition in Europe is fast growing and as the leader in HD programming, Discovery will continue to play a large role in the development and distribution of content and services utilizing this technology.

    “We have long relied on Intelsat’s global system to support the implementation of our global distribution strategy.”

    Intelsat senior VP, Americas Sales Kurt Riegelman says, “A programmer the caliber of Discovery Communications committing to anchor our new HD neighborhood speaks volumes about the confidence it has in our company and in our system.

    “Intelsat has played a significant role in the distribution of HD programming worldwide and is exceedingly dedicated to furthering the advancement of HD in Europe. We believe that Discovery’s desire to distribute HD across the continent signifies a healthy and growing demand which we’re committed to facilitating.”

    Intelsat currently operates an HD neighborhood in the US on its Galaxy 13 satellite. The establishment of a new HD satellite for Europe is the company’s first step at expanding full-time HD distribution to other areas of the world.

  • Growth of DTH in Asia Pacific likely to boost future consumer satellite services

    Growth of DTH in Asia Pacific likely to boost future consumer satellite services

    MUMBAI: The Asia Pacific region offers the strongest growth potential and opportunities in the next five years for Direct-to-Home (DTH) service providers, particularly multisystem operators (MSO).

    DTH video is the flagship service to establish a foothold in previously underserved emerging markets. By achieving economies of scale and providing quality local content, service providers can capture a huge and profitable consumer base.

    New analysis from global growth consulting company Frost & Sullivan, Asia Pacific Satellite DTH Market reveals that the total pay-TV market — covering nine Asia-Pacific countries — was worth $19.24 billion in 2005, and is forecasted to reach $45.20 billion in 2012. Satellite DTH services alone will account for approximately 46.3 per cent, or $20.91 billion, of the total pay-TV revenues in 2012.

    Frost & Sullivan research analyst James Lye says, “The reality of the next decade for DTH service providers is convergence. To create new revenue streams, providers need to shift beyond individual technology and service platforms towards an MSO model, reaching consumers through any efficient medium.”

    Consumers are increasingly looking to a single provider for integrated solutions — offering voice, data and video services. The Asia-Pac region offers unique opportunities as newly emergent communities demand telecommunication services in vast unwired areas. By using video content as the flagship offering, DTH providers can gain a strong position in the market and uncover ways of tapping into the lucrative voice and data demand.

    A DTH provider needs to achieve economies of scale, resulting in lower operating costs, breaking key price barriers for consumer adoption, as well as granting easy access to premium content. However, establishing a region-wide service can be hindered by stringent regulations prevalent in many Asia-Pac countries.

    “The lack of local language content often limits the potential customer base. Premium content will drive initial growth, but content relevant to the local or regional scene will sustain interest and customer loyalty” adds Lye.

    In the highly fragmented Asia Pacific market, it is important to provide not only premium global content, but also superior quality local programs to differentiate the service offerings from other available ones. The key to capturing the regional market is specialised content, inclusive of local sports, news and entertainment, which requires local production capabilities.

  • Intelsat ranked first among teleport service providers

    Intelsat ranked first among teleport service providers

    MUMBAI: Intelsat has announced that it placed first on the World Teleport Association’s (WTA) annual rankings of the top teleport operators. Intelsat led the list of the 2006 global top twenty.

    Intelsat is a provider of fixed satellite services.

    WTA’s global top twenty ranks companies based on revenues from all satellite-related sources which includes independents, satellite carriers, fiber carriers, and technology providers.

    Intelsat SVP global marketing Vicki Warker said, “Our leadership in this sector of the satellite industry is a testament to the growth of our hybrid GlobalConnexSM managed solutions business. Since its introduction in 2002, our GlobalConnex revenues have grown dramatically and now represent an annualised run-rate of approximately $130 million.”

    “We provide seamless, secure and easy delivery of voice, data, video and IP traffic anywhere in the world through bundling our satellite capacity with our global teleports, points of presence and ground network infrastructure,” he added.

    Intelsat’s GlobalConnex services are among its highest growth services, driven by demand for corporate data and voice over IP applications, asserts an official release.

    The offering also provides end-to-end support for media, internet trunking, WiFi hotspots, distance learning, and point-of-sale transactions. Another component of Intelsat’s teleport services includes hosting disaster recovery facilities for broadcasters and other operators, adds the release.