It’s just a week away, when Euroconsult, the international research and analyst firm that specializes in the satellite sector, conducts their 12th annual World Satellite Business Week. The conference is in Paris, France, from September 8-11, and is attended by over 400 senior executives, representing companies that generate 95 percent of commercial satellite industry revenues. This conference is the only event of its caliber that is dedicated to the satellite industry, where industry actors benchmark, network, and conduct business. The week is divided as such: World Symposium on Market Forecasts (September 8) World Summit for Satellite Financing (September 9-11).
Through more than 200 satellites in orbit, satellite operators deliver over 21,000 TV channels and are vital for telecommunications and Internet service distribution, especially in emerging regions. The positive aspect of the industry is that despite the capital-intensive nature of the industry, it has proven resistant to the global economic downturn and financial crisis.
With many other industries struggling, satellite operators conversely enjoyed a 9.5 percent revenue growth at YE 2007 – a record since 1999. And the good news continues into the first half of 2008, in which orders for 16 commercial GEO communications satellites have been placed. This follows three years of sustained orders for satellites and launch services of $5 billion per year.
The World Satellite Business Week features 80 C-level (CEO, CFO, and such) speakers representing satellite manufacturers, operators and services providers, launchers, bankers and investors such as: EADS Astrium, Arianespace, Boeing, Thales, Lockheed Martin, Intelsat, Eutelsat, SES, BNP Paribas, Citigroup, Deutsche Bank, Macquarie and Abertis. These dynamic leaders, who will be in one location at the same time, a rarity in itself, will outline their strategies for growth and investments and discuss market developments. For more information please access this website.
