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November 27th 2008
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Satellites: wealth creators
I was recently reading that the Indian Space Research Organisation
is in the process of developing a new Internet satellite that will
provide connectivity to rural areas of India. This will be an incredible
asset to the people of the country, many of whom are simply cut
off from terrestrial communications with no access to the things
that we take for granted as inhabitants of towns and cities, well-served
by terrestrial communications. ISRO have also worked extensively
on attempts to make connectivity easier for those in remote areas
such as reducing the cost of satellite phone usage. Other organisations
in regions such as Africa, the Middle East and China strive to bridge
the so-called Digital Divide and to ensure that those who are without
connectivity to basic services such as telephone and Internet, are
given this gift. How are they achieving this? Through the use of
satellite, that’s how.
The International Telecommunications Union is spearheading a global
effort that is aiming to ‘Connect the Unconnected’ by
2015. In doing so, the ITU has engaged governments, industry, development
banks, financial institutions and civil society to help meet its
goal. It’s a very ambitious project but one that will change
millions of communities and lives. Satellite is bound to play a
key part.
So how can satellites create wealth? There are many, many regions
of the world where terrestrial communications simply do not exist,
isolating communities from the outside world as we know it. They
are miles away from towns and cities with poor infrastructure and
not enough disposable income to get to the nearest city to do business
or to access educational establishments.
Often, when a young person does get the opportunity to leave their
remote community to study or to earn money in an urban area, they
are forced to leave the place of their birth and move away leaving
an ageing population that must look after the young. Satellite,
with its unique capabilities, can help to buck this trend by bringing
connectivity to these remote areas.
Projects like the ones undertaken by the ITU and ISRO can introduce
telecommunications and Internet connectivity to remote villages
and therefore help the people to position themselves where they
can become part of the global marketplace. The Internet offers an
absolute wealth of information whether this is on farming techniques,
business tuition, access to governmental documentation and advice
or online educational services. The Internet enables people to make
the most of their skills and to create small businesses that can
sell goods either over the Internet or in local towns. It also heightens
the community awareness about technology, how to use and maintain
a computer and it also offers a cheap alternative method of communication
in email or VoIP. With communications, a village will retain its
young people for longer as they will be able to remain with their
families and gain an education through distance learning. Farmers
cannot only provide food for themselves and their community but
can sell surplus and make money. Access to banking institutions
is also possible so that a village can enter the global banking
system and access loans and other financial services in order to
improve their way of life. Centres of learning have been established
in communities in Thailand, for example, where IPTV content is delivered
by satellite to provide tuition to classes and even allowing pupil-teacher
interaction though the use of satellite video conferencing. The
possibilities are endless.
It is incredible to think that a satellite, so far away from the
earth can hold such benefit for a remote community – but it
can. Other services such as cellular backhaul are helping to connect
the most remote areas of the planet. The satellite industry is playing
a crucial role in working towards bridging the Digital Divide. The
creation of wealth is a by-product of this access to communications
and this new-found wealth will literally change people’s lives.

Gilat shows slight decline
in Third Quarter results
Revenues for
the third quarter of 2008 were $65.3 million, compared to $71.5
million for the same period in 2007. Net loss for the third quarter
of 2008 was $0.5 million or $0.01 per diluted share, compared to
a net income of $5.9 million or $0.14 per diluted share in the third
quarter of 2007. Non-GAAP net income for the third quarter of 2008
was $0.6 million, or $0.01 per diluted share, compared to net income
of $6.1 million, or $0.15 per diluted share in the third quarter
of 2007...

ITU advocates infrastructure sharing
to counter investment drought
This year has also seen
an unparalleled global financial crisis which may make it more difficult
for investors to obtain financing for continuing network development.
Sharing strategies, examined in the new ITU report, are seen as
conducive for infrastructure development in the telecommunications/ICT
sector, particularly in light of the deepening global financial
crisis...

Alcatel Lucent appoint Paul Tufano
as CFO
Alcatel-Lucent
today announced that Hubert de Pesquidoux, CFO and President of
Enterprise business, has decided to leave the company to pursue
other opportunities. As of December 1st, 2008, Paul Tufano, a senior
executive of 30 years of experience in international finance, will
join the company as Executive Vice President, CFO...
EMS Technologies signs
definitive agreement to acquire Satamatics
EMS Technologies,
Inc. (NASDAQ:ELMG), announced today that it has signed a definitive
agreement to acquire Satamatics Global Ltd., a global provider of
Inmarsat IsatM2M (machine-to-machine or “M2M”) services,
headquartered in Tewkesbury, UK...


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