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Netflix axes another 300 staff

Netflix is to downsize an extra 300 staff in the second round of cuts on top of the 150 announced in May as it continues to react to subscriber losses. Most of the positions are in the US, although Netflix stresses that it is still hiring for some jobs. In a statement, Netflix said: “Today, […]

June 24, 2022By Chris Forrester

Forecast: South Korea pay-TV revenues at $6.9bn by 2026

Pay-TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14 per cent, from $6.5 billion (€6.19bn) in 2021 to $6.9 billion in 2026, mainly supported by the IPTV segment, forecasts GlobalData, a data and analytics company. GlobalData’s South Korea pay-TV Forecast reveals that IPTV services […]

June 22, 2022

Forecast: India comms revenue to grow 5.8% CAGR

The total fixed communication services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 5.8 per cent from $7.4 billion (€7bn) in 2021 to $9.8 billion in 2026, mainly driven by the strong growth in the fixed broadband segment, forecasts GlobalData, a data and analytics company. GlobalData’s India Fixed […]

June 21, 2022

Forecast: Singapore multiplay service revenue to rise 6% CAGR

Multiplay service revenue in Singapore is set to increase at a compound annual growth rate (CAGR) of 6 per cent from $1 billion in 2021 to $1.4billion in 2026, supported by the growing adoption of tripleplay and quadplay service bundles that yield higher average revenue per user (ARPU), forecasts GlobalData, a data and analytics company. […]

April 27, 2022

Forecast: China pay-TV market stagnant 2021 to 2026

The pay-TV services revenue in China is expected to grow at a sluggish compound annual growth rate (CAGR) of 0.6 per cent from $35.1 billion (€31.6bn) in 2021 to $36.2 billion in 2026, due to a steady decline in cable TV subscriptions and drop in overall pay-TV average revenue per subscription (ARPS), according to GlobalData, […]

March 2, 2022

Report: Starlink in Ukraine highlights potential of LEOs

Elon Musk’s SpaceX has launched Starlink satellite broadband service in war-hit Ukraine. The latest development highlights the significance and future potential of low earth orbit satellites (LEOs) across key applications, says GlobalData, a data and analytics company. Reportedly, Starlink terminals receive Internet from SpaceX’s 2,000 satellites to allow users to get online even if their […]

March 2, 2022

Australia: Mobile services revenue forecast to increase 3% CAGR

Mobile service revenue in Australia is expected to increase from $9.6 billion (€8.6bn) in 2021 to $11.2 billion in 2026, at a compound annual growth rate (CAGR) of 3 per cent, mainly driven by the mobile data service segment, according to GlobalData, a data and analytics company. An analysis of GlobalData’s Australia Mobile Broadband Forecast […]

February 24, 2022

Report: LEO satellites fuel next space race

The new space race focuses on satellite Internet with a promise of higher speed and lower latency for industrial and business-oriented communication applications. As the connectivity revolution gathers momentum, low earth orbit satellites (LEOs) penetrate innovative application areas due to superior performance and positioning compared to geostationary and middle earth orbit satellites in remote tracking, […]

February 17, 2022

Report: Jio/SES will strengthen India broadband

The formation of Jio Space Technology – a joint venture between India-based digital service provider Jio Platforms Limited (JPL) and Luxembourg-based satellite connectivity solutions provider SES – to deliver affordable broadband services leveraging satellite technology will go a long way in strengthening the overall broadband services market in India, says GlobalData, a data and analytics […]

February 16, 2022

Analyst: US and Europe ‘Netflix’d out’

The US and Europe are ‘Neflix’d out’, according to data and analytics company GlobalData, who suggest the SVoD service needs to turn to ‘emerging’ markets such as India if it wants to stop its falling new subscriber numbers and plummeting share price. “Netflix’s results may have come at a surprise to some, as the platform’s […]

February 14, 2022