October 27 2004 Current construction efforts

first_imgOctober 27, 2004 Current construction efforts are focused on the East Crescent, ten units arranged in a semi-circle facing South. Around the perimeter of the Crescent are “light scoop apartments”, each with a curved concrete roof. The light scoops allow low-angled winter sun into the apartments, reflecting light down into the living spaces. Higher-altitude summer sun is blocked, keeping the summer heat at bay. [Photo: sa & text: Jacob Schwartz] Spraying is completed, and the foam has hardened. It’s time to clean up the edges, and August 29. workshop participant Erika Peres is wearing a harness attached to scaffolding to paint the bordering panels. With the insulation in place, the light scoop units will remain cooler in summer and warmer in winter. [Photo: Yuki Yanagimoto & text: Jacob Schwartz] Paul’s Roofing has been contracted from Mesa, AZ, to apply a spray-on weatherproof foam insulation to the curved roof panels. Paul Robinett oversees the operation. [Photo: sa & text: Jacob Schwartz] last_img read more

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Millions in compensation approved for farmers

first_imgAgriculture Minister Nicos Kouyialis announced on Wednesday that more than €18m was given as compensation to farmers for damage their crops suffered from last year’s extreme weather conditions, and that the cabinet approved a €4.3m budget to boost sheep and goat farmers.Kouyialis said that the procedure as regards the €18.2m given as compensation to farmers whose crops were damaged last year has been completed.The compensation measure was announced last September following the extended drought, hailstorms, and frost conditions.Priority was given to grain producers, the announcement said, who had received half of the aid money ahead of the sowing season, followed by the rest beneficiaries.“The move, Kouyialis said, was “an essential support of the government to the farmers in an admittedly difficult moment”.“The government has reached deep in its pockets and supports the efforts of our farmers to expand our rural economy,” Kouyialis said.The minister also announced that cabinet approved a €4.3m budget to assist sheep and goat farmers, “as per the president’s promise”. That money, he said, is to be paid next month – €14 per dairy animal and €4 per animal raised for human consumption.You May LikeTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoFigLeaf Beta AppGet Maximum Privacy with Minimum EffortFigLeaf Beta AppUndoTotal Battle – Online Strategy GameIf You’re PC User This Strategy Game Is A Must-Have!Total Battle – Online Strategy GameUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoTwo arrested in connection with attempted murderUndoby Taboolaby Taboolalast_img read more

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Bratislava hopes Republic of CyprusTurkey relations to normalise soon​ Lajčák tells CNA

first_imgSlovakia’s position with regard to Turkish actions in the exclusive economic zone of Cyprus is in line with EU calls to Ankara to abort plans for offshore drilling operations, Slovak Foreign and European Minister Miroslav Lajčák said, while expressing hope that relations between the Republic of Cyprus and Turkey will normalise soon.This is a precondition to re-launching peace negotiations, the Minister remarked, before starting his contacts as part of his two-day visit to Cyprus, on the occasion of the 30th anniversary of the bi-communal meetings of the Greek Cypriot and Turkish Cypriot political parties under the auspices of Slovak diplomacy.In an interview with CNA, Slovakia’s Foreign Minister said that “there is no alternative to the bi-zonal bi-communal federation” and adds that a solution along those lines is “within reach.”With regard to the UN peacekeeping mission in Cyprus, he said that Slovakia strongly supports further strengthening of UN peacekeeping operations and assures that his country will remain involved in UNFICYP “for as long as necessary.”Lajčák also noted that the bi-communal dialogue is “almost the only communication channel between people” in divided Cyprus and assures that the Slovak Republic is ready to continue playing its role as an honest broker and an impartial mediator.Asked how he evaluates developments in Cyprus, following Turkey’s intention to start offshore drilling in the country’s exclusive economic zone(EEZ), Lajčák responded that “Slovakia´s position is in full compliance with the declaration of the EU High Representative Federica Mogherini who has called on Turkey to abort plans for offshore drilling operations in Cyprus’ EEZ.” He added that Mogherini`s statement has formulated a framework position for all EU member states on the fundamental issue of the EU foreign and security policy.“Slovak diplomacy, as an impartial mediator of dialogue between Greek Cypriot and Turkish Cypriot political parties, hopes that relations between the Republic of Cyprus and Turkey will normalise soon as this is a precondition to re-launching peace negotiations” the FM said.Asked about the benefits of a solution, he said that “a Cyprus settlement would be not only a victory of international law, or justice” but first and foremost “a victory of humanity, with huge benefits for the people.”He pointed to the benefits for ordinary people, saying they will be able to travel freely, decide where they want to live, where to make their business, while feeling safe and protected as part of the greater European Union family. Lajčák also said that a solution would be also a significant contribution to regional safety and stability, and an impetus for further economic growth in the wider region, with emphasis on energy security.Slovakia’s Foreign Minister, who is also the OSCE Chairperson-in-Office, said that “finding a political solution to the longstanding situation in Cyprus would be the best way to ensure security.”He remarked that the EU provides a framework for enhanced security through various instruments, “but the primary responsibility for security remains with every member state.”“Despite the failure of recent negotiations, the current peace on the island is a result of long-term efforts. It is a consensus between the two communities, the UN, the European Union and other international actors. We have to protect this fragile peace on the island. Therefore, a synergic effect of multilateral organizations as the UN, ICRC and OSCE is needed in Cyprus” Lajčák says. This is also the reason why the Slovak OSCE Chairmanship has chosen effective multilateralism as one of three main political priorities during its mandate, he remarks.As for his message to Cypriots, the Foreign Minister said “there is no alternative to the bi-zonal bi-communal federation ”with Cyprus being a part of the greater European Union family.“This project is a result of long-lasting negotiations among all key stakeholders. We believe that the solution based on the UN Security Council resolutions and convergencies achieved by both leaders in negotiations is within reach. What is still missing is a courage and political will to bear responsibility for its implementation” he addded. According to Lajčák, Slovak diplomacy is patient and ready to maintain its role as an impartial facilitator for as long as Cypriots find this useful and necessary.Moreover, he talks about the need to maintain ownership of the peace process among Cypriots and make decisions about the future, without external interferences. “It is necessary to invest in a new generation by raising and educating young people to humanity, respect, tolerance, mutual understanding and reconciliation in order to prevent new conflicts” he underlined.Miroslav Lajčák also says that Slovakia actively follows the peacekeeping reform debate in UN, especially among the UN Security Council permanent members in connection to UNFICYP, and strongly supports further strengthening of UN peacekeeping operations within the ongoing reform of the UN peace and security pillar. “In particular, we appreciate the vision and leadership of UN Secretary-General António Guterres in making UN peacekeeping operations a more effective instrument within the UN peace and security toolbox” he added.He also said that Slovakia remains committed to the implementation of the Declaration of Shared Commitments on UN Peacekeeping, aimed at mobilizing all partners and stakeholders in support of more effective UN peacekeeping.He also noted that since 2001, Slovakia is not only active in UN peacekeeping in Cyprus, but is from the beginning a leading nation, while more recently it took over the whole of Sector 4 in UNFICYP with the aim of strengthening command and control. Slovakia’s robust presence in UNFICYP, with 220 men and 22 women is according to the Minister “yet another confirmation of our strong commitment to peace and stability on the divided island.”The Slovak Foreign and European Minister said that he does not expect another major re-configuration of UNICYP in the near future, “but the relevant decisions remain with the UN Security Council and we fully respect them.” He assures that “Slovakia will remain involved in UNFICYP for as long as necessary, therefore, we are currently not re-evaluating the participation of Slovak soldiers in Cyprus. ”The Minister says that Slovak soldiers are already preparing for regular rotation in autumn. “At the same time, we sincerely wish for the political process to yield results. If it does, we will not be unhappy to see UNFICYP becoming redundant” he remarked.As for his assessment of Bratislava’s engagement in facilitating bicommunal dialogue on the island for the past 30 years, the Minister says that his country has always stood in solidarity with Cyprus, with regard to the Cyprus issue. “We have been involved for 30 years in the bi-communal dialogue between Greek Cypriot and Turkish Cypriot political parties. The Slovak peacekeeping forces have been active in the UNFICYP mission for 18 years. This engagement reflects our deep interest to create peaceful and constructive platform for Cypriots, to give both sides a fair opportunity and room for exchange of their views and positions on the Cyprus problem” he says.Lajčák notes moreover that the most tangible result of Bratislava´s engagement and effort is the “still existing and alive” bi-communal political forum. “It developed and implemented a number of confidence building measures, such as visits to places of worship, to cultural heritage sites, to the crossing points in construction. It seems nowadays that this dialogue is almost the only communication channel between people living in the two parts of the divided island” he says.He notes, moreover, that the Slovak Republic is ready to continue playing the role of an honest broker and an impartial mediator, adding that a United Cyprus could serve as an important pillar of peace and stability in the fragile region of Eastern Mediterranean.Asked about Cyprus’ involvement in trilateral initiatives in the region, the Minister notes the country’s strategic geographical position in the Eastern Mediterranean “where the interests of big powers compete.” Cyprus plays an extremely important role in European foreign and security policy, the Minister continues. “As the OSCE´s Chairperson-in-Office I appreciate very much a set of all trilateral initiatives promoted by Cyprus with its neighbors. It strengths regional stability, security and cooperation in this part of the world. I have no doubt that the resolution of the Cyprus problem would revolutionize the prospect for the development of political, energy, trade and social cooperation among the countries of the region, including Turkey” he says.Finally, Lajčák says that the OSCE highly appreciates the positive example of CBMs completed in Cyprus and strongly supports the exchange of lessons learned and practices among UN and OSCE, as well as EU mediating teams.Slovakia’s Foreign and European Affairs Minister Miroslav Lajčák is paying a visit to Cyprus, on the occasion of the 30th anniversary of the bi-communal dialogue of Greek Cypriot and Turkish Cypriot political parties, held under the auspices of the Embassy of former Czechoslovakia initially and the Slovak Embassy subsequently.Lajčák will meet, among others, with Foreign Minister Nikos Christodoulides and the President of the House of Representatives Demetris Syllouris, and he will also attend the meeting of Greek Cypriot and Turkish Cypriot political parties.Together with Elizabeth Spehar, the Special Representative of the UN Secretary General to Cyprus and Chief of UNFICYP, they will be the keynote speakers at an international conference, on Tuesday, on the “30 years of the dialogue between Greek Cypriot and Turkish Cypriot political parties in service of peace in Cyprus.”The Slovak Foreign Minister will also inaugurate a photo exhibition, marking 30 years of peace dialogue under the auspices of Slovak diplomacy.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoIcePopMan Notices A Strange Hole In This Lake, So He Gets A Drone, Flies It Inside And Captures ThisIcePopUndoHonest To Paws31 Tourist Attractions That Most People Wouldn’t VisitHonest To PawsUndo Authorities release five of 12 Israeli rape suspects, seven due in court FridayUndoThree arrested in connection with hotel theftsUndoNicosia will use ‘all diplomatic means at its disposal’ to counter Turkish actionsUndoby Taboolaby Taboolalast_img
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UKbased indie producer All3Media is to sell its p

first_imgUK-based indie producer All3Media is to sell its programmes direct to consumers via apps for Samsung and LG Smart TVs.Samsung Smart TVs now feature the All3Media App, making it possible to buy shows including Peep Show, The Only Was is Essex and Shameless. LG Smart TVs will launch the app next month.Both services will initially launch in the UK before rolling out in the US. All3Media said it planned to launch the service on further platforms and devices throughout the year.“The new All3Media app will allow us to experiment with different payment models, to continue to get closer to our viewers and to experiment offering our content in a range of territories. It is estimated that there will be 500 million connected TVs in the world in 2015 so now seems like a good time to experiment and learn about consumer behaviour,” the company said in a statement.last_img read more

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The launch of SESs latest satellite SES5 has b

first_imgThe launch of SES’s latest satellite, SES-5, has been rescheduled for tomorrow.SES-5 had been set for a June 19 launch from Baikonur Cosmodrome in Kazakhstan. However, an out of tolerance telemetry reading on a first stage subsystem was detected during pre-flight testing and the launch was aborted.The satellite will launch at 00:38 CET.SES-5’s 36 active Ku-band transponders and up to 24 active C-band transponders will be located at 5° East. It will feature two Ku-band beams, one serving customers in the Nordic and Baltic countries and the other one serving sub-Saharan Africa as well as two C-band beams, one with global coverage and one with hemispheric coverage over Europe, Africa and the Middle East. The satellite provides Ka-band uplink capability, allowing for operations between Europe and Africa.last_img read more

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European football body UEFA has awareded all free

first_imgEuropean football body UEFA has awareded all free-to-air media rights for the 2012-15 Champions League in Armenia to Armenia TV.Each matchnight public broadcaster Armenia TV will broadcast one live match, as well as the weekly highlights programme.All rights have been granted on a platform-neutral basis, with the rights also being exploited on the internet and on mobile.last_img

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Sony Pictures Entertainment which includes Sonys

first_imgSony Pictures Entertainment, which includes Sony’s TV networks and feature film units, has increased sales but recorded an operating loss for the three months to end-June. SPE reported a 6.2% increase in quarterly sales of US$1.9 billion (€1.5 billion). The company said that higher theatrical revenues and sales of its made for cable TV programming in the US were responsible.However, advertising revenues from Sony’s Indian TV channels operations weighed on earnings and were responsible, in part, for the reported operating loss of US$62 million. That compares with a profit of US$54.9 million in the same period a year earlier, although that quarter also included a one-off US$28.1 million payment Sony received for selling its 20% stake in Shine, which was sold to News Corp.last_img

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German cable operator Unitymedia has added 12 new

first_imgGerman cable operator Unitymedia has added 12 new HD channels to its line-up.The operator has today brought Planet HD, RTL Living HD and Passion HD to its platform. Nine HD channels from pay TV operator Sky Deutschland have also been added to Unitymedia’s line-up, taking the total number of HD channels available on the platform to 45.Unitymedia has also added standard definition channels RCK.TV, Penthouse TV and Deluxe Music to its platform.last_img

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FOX International Channels Europe Africa has app

first_imgFOX International Channels Europe & Africa has appointed Setanta Sports veteran and former CEO of Setanta Africa, Kelly Butler, as senior vice-president of Fox Sports Europe & Africa.The move follows FIC Europe & Africa’s buyout of Setanta Africa, which was approved by the Irish Competition Authority last month.Butler, who has worked in different posts at Setanta Sports for the last 12 years – most recently as CEO, shareholder and director of Setanta Africa – will be based in London.Previously Butler was head of programming at Setanta Sports, CEO of the Setanta Sports Channel in North America, and consultant for the North American Sports Network (NASN). Before joining Setanta she was senior vice president and general manager of programming at ESPN Star Sports in Singapore.last_img read more

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Danish cable operator YouSee is to relaunch its i

first_imgDanish cable operator YouSee is to re-launch its information channel InfoKanal, which was removed from the company’s line-up a few years ago to make room for its TV guide. The new InfoKanal will be available in HD and in split-screen mode, enabling viewers to scan other channels while watching.The InfoKanal carries non-stop music from YouSee’s music library, as well as information about the company’s products, content recommendations and a featurte that enables viewers to check whether the image on their TV is displaying correctly.last_img

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Danish telco TDCs IPTV customer base grew by 110

first_imgDanish telco TDC’s IPTV customer base grew by 11,000 in the quarter to June, but this was offset by a net drop of 8,000 TV subs for cable unit YouSee.TV ARPU declined for both TDC/Fullrate and YouSee brands, with customers of TDC TV migrating to lower cost services and downward migrations in YouSee.As a result, TV revenue dropped by 2.4% to DKK2.135 million for the first half, while the gross profit margin also declined.TDC TV’s new portfolio of services did secure a reduction in churn, with 23% of the base migrating to the new packages. The group said that the low-cost Fullrate service had not signficantly cannibalized other offerings.For YouSee, increased subscription fees from January were offset by downward migrations leading to flatARPU. Downward migrations, which TDC said was driven by reduced time spent on broadcast TV in favour of streaming services, negatively affected the share of customers with an entry-level TV package, which grew by 2.3  percentage points to a total of 385k customers across brands, according to the company.last_img read more

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Chipset provider MStar has teamed up with Dolby to

first_imgChipset provider MStar has teamed up with Dolby to deliver Dolby Vision-based 4K Ultra HD system-on-a-chip solutions for HDR TVs next year.Dolby has been an early leader in HDR, though its technology is one of a number of HDR systems that are competing for attention – others include proposals from Japan’s NHK, the UK’s BBC and Philips.High-end display manufacturer Vizio separately demonstrated a Dolby Vision-based HDR reference series at the CEDIA exhibition in Dallas this week.“As early adopters of Dolby Vision, MStar has collaborated withDolby for the past two years to optimize the HDR engine with MStar’s expertise in display technologies, which will enable the delivery of Dolby Vision to a broader range of TVs,” said Sean Lin, General Manager, TV Business Unit, MStar. “While the TV industry is embracing the 4K Ultra HD era, MStar is committed to provide SoC solutions with the best performance to meet our customers’ needs today and in the future. With the integration of Dolby Vision VS10 in MStar’s 4K Ultra HD SoCs, we will support the TV industry in delivering spectacular HDR images with greater detail, brighter highlights, deeper darks, and a fuller palette of colors than was possible on television screens in the past.said Giles Baker, Senior Vice President, Broadcast Business Group, Dolby Laboratories, said, “We are excited that MStar is passionate about and committed to including Dolby Vision in their market-leading line of TV chipsets in order to deliver the highest-quality HDR experience. We look forward to working closely with the large number of our TV OEM partners who will now be able to use MStar’s SoCs to deliver the Dolby Vision experience to consumers.”last_img read more

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More than 152 million unique viewers tuned in to

first_imgMore than 15.2 million unique viewers tuned in to Yahoo’s live NFL American football stream on Sunday, the web portal has revealed.Yahoo said that its first free, global live stream of a regular season NFL game reached more than 33.6 million total views across all devices on Yahoo and Yahoo-owned blogging platform Tumblr.It added that 33% of streams came internationally from 185 countries around the world, and that football fans streamed more than 460 million total minutes of the game.“We’re seeing a dramatic shift in the industry as audiences’ primary video watching moves away from TV. We were thrilled to join the NFL in setting a new standard for sports programming for our users and advertisers,” said Adam Cahan, Yahoo’s senior vice-president of product and engineering.last_img read more

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Overthetop video news service Newsy has partne

first_imgOver-the-top video news service, Newsy, has partnered with online video ad platform SpotX, which will power the sale of video ads programmatically on Apple TV.SpotX, which also helps Newsy sell inventory across desktop, mobile and other platforms, said together the companies are among the first to monetise Apple’s new tvOS platform, amid burgeoning advertiser demand for connected TV video inventory.“The power of connected TV is its ability to reach audiences who are cord-cutters and cord-nevers and engage them in meaningful ways. This audience is increasingly harder to find on cable TV, which is why we’ve developed video news experiences in formats specifically for digital devices,” said Newsy general manager,  Blake Sabatinelli.“The Newsy app for Apple TV was developed to deliver the best user experience for our viewers when they’re relaxing at home in front of their TV screens.”Newsy claims to publish more than 1,000 videos per month to deliver short, engaging news reports geared towards a millennial audience.last_img read more

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German cable operator Tele Columbus has said that

first_imgGerman cable operator Tele Columbus has said that it expects mid-single digit revenue growth and a stable base of connected homes of around 3.6 million for the remainder of this year following its acquisition of Primacom and Pepcom.Tele Columbus said it also expected high single-digit EBITDA growth this year.The operator expects revenue generating units per subscriber to rise to 1.8, and blended ARPU to grow to €18 per week. It also expects to have 71% of homes upgraded to two-way by the end of the year.The board said it expected total costs and capex synergies from the integration to amount to €40 million from the 2018 financial year, up from the previously communicated €35 million.The guidance comes as the operator posts its first consolidated results including the two smaller operators. Tele Columbus posted revenues of €460.7 million for the 2015 financial year, and normalised EBITDA of €233.8 million. Capex amounted to €165.1 million.last_img read more

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Polandbased TiVo subsidiary Cubiware has extend

first_imgPoland-based TiVo subsidiary, Cubiware, has extended its extended partnership with French digital TV software and services company, Quadrille.Through the deal, Cubiware will integrate its middleware solutions with Quadrille’s Push VOD technology, making it available on a range of low cost set-top box platforms aimed at pay TV operators in emerging markets.Quadrille’s Push VOD solution allows catalogues of videos to be stored locally on set-top boxes, providing access to content without broadband connection.CubiTV’s interface, meanwhile, is designed to make it easy for subscribers to navigate advanced TV functionality and includes a graphics-rendering engine for fast menus and program guides with animations, transitions, and effects  – but is designed to run on low-power, small footprint DTV and IPTV processors.“Since 2012, Quadrille has been a great partner to Cubiware, using our middleware to expand across Europe, Africa and Middle East. This collaboration provides broadcasters the choice to introduce innovative on-demand offering also for territories with weak broadband penetration,” said Cubiware co-founder, Jakub Gorski.Quadrille CEO, Xavier Battas, said: “Our partnership with Cubiware has been transformative to our business. The integrated CubiTV-Push VOD technology allows broadcasters to deploy push video services while saving on transmission costs, creating an attractive option across the board.”last_img read more

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Mathias Hermansson The executive chairman of MTGs

first_imgMathias HermanssonThe executive chairman of MTG’s digital MTGx division, Mathias Hermansson, is leaving the company.Hermansson has been at MTG since 1999 and is one of the company’s longest serving senior execs, and was tipped as a successor to CEO Jørgen Madsen Lindemann. He will exit in early 2017. He told TBI he wasn’t yet sure of his next move and is not leaving to join another media firm.The exec joined MTG in 1999 as a management trainee, rising to become COO of the Scandi media business. Since late last year he has been executive chairman of MTGx Ventures as part of the company’s restructuring efforts.He will remain an advisor to MTG through 2017. In a note to staff sent out yesterday Lindemann paid tribute to the outgoing executive.“I have really enjoyed working with Mathias,” he said. “He constantly pushes his own boundaries and inspires everyone around him to do the same – exactly the attitude needed to succeed in today’s digital landscape.”The MTG boss noted the impact that Hermansson has had during his time at the company in his 17 year MTG career.“Mathias has been a key contributor to our ongoing transformation from a traditional broadcaster into a digital video entertainment company,” he said.“Today, we are developing three digital verticals – esports, multi-platform networks and online gaming – with the potential to power our business in the years ahead. Mathias’ contribution, in other words, has been extremely important – both to MTG as it is today and to what we will become tomorrow.MTG reorganised the management of its MTGx unit late last year, unifying its Play and Viaplay services under Viaplay CEO Jonas Karlén (left) and naming Arnd Benninghoff as MTG executive vice-president and CEO of MTGx Ventures, reporting to Mathias Hermansson, the unit’s new executive chairman.last_img read more

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Satellite operator SESs SES10 satellite is now f

first_imgSatellite operator SES’s SES-10 satellite is now fully operational at the 67° West position, serving markets in the Latin American region.The satellite was the first geostationary craft to be launched on a re-usable SpaceX Falcon 9 rocket. It took off from NASA’s Kennedy Space Centre in Florida on March 30 and has since been undergoing in-orbit tests.The satellite is the first SES satellite dedicated to providing service to Latin America and has a Ku-band payload of 55 36MHz transponder equivalents. Ten high-power beams will add to SES’s existing capacity for the region, providing DTH broadcasting, enterprise and mobility services to Mexico, Central America, South America and the Caribbean.Through an agreement with the Andean Community nations – Bolivia, Colombia, Ecuador and Peru – which hold the rights to spectrum at 67° West the satellite will operate as Simón Bolivar 2, providing capacity for each member state.last_img read more

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The chances of tech giant Apple buying Netflix thi

first_imgThe chances of tech giant Apple buying Netflix this year stand at around 40%, according to Citi analysts.Apple, which looks set to become the first US$1 trillion business, is set to repatriate around US$220 billion following US President Donald Trump’s corporation tax cut.Apple is believed to have more than US$250 billion to fund acquisitions. Netflix currently has a market cap of around US$87 billion.Video is becoming increasingly important to the consumer tech firm, which has hired Jamie Erlicht and Zack van Amburg to lead original content.However, it is not clear what platform it will put its original shows such as its reboot of Amazing Stories on, and Netflix would provide an answer to that.According to analysis from Citi’s Jim Suva and Asiya Merchant, Netflix is by far the most likely acquisition target.Apple, they told clients, “has too much cash – nearly US$250 billion – growing at US$50 billion a year. This is a good problem to have”.“Historically, Apple has avoided repatriating cash to the US to avoid high taxation. As such, tax reform may allow Apple to put this cash to use.With over 90% of its cash sitting overseas, a one-time 10% repatriation tax would give Apple US$220 billion for M&A or buybacks.”Netflix’s share price has skyrocketed in the past half-decade, with The Walt Disney Company among major entertainment firms previously linked with a takeover.However, with Disney now taking on Netflix with its own SVOD service, questions are again being asked about the future of the business.Disney is now buying the entertainment assets of 21st Century Fox, further highlighting the race to scale that has emerged in the media and entertainment landscape.last_img read more

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