Armand’s Notes from Euroconsult 2016 Conference

By Armand Musey | September 25, 2016

Attached are a full set of my notes from the Euroconsult “World Satellite Business Week” held in Paris from September 12th to 15th.   Executive Summary FSS Sector Facing Headwinds The realities of massive satellite capacity growth and declining price has sunk in. It’s becoming broadly accepted that satellite video distribution is at best stable,…

Should High-Throughput Satellites Really Last 15 Years?

By Armand Musey | September 2, 2016

See my article in the August 29th issue of SpaceNews: http://www.spacenewsmag.com/commentary/should-high-throughput-satellites-really-last-15-years/ Should high-throughput satellites really last 15 years? J. Armand Musey August 29, 2016, Commentary The fixed satellite services industry has been an anomaly in the communications sector, with stable, even increasing, pricing while prices for other forms of bandwidth fell dramatically. Stability allowed satellite…

Notes from STS Global’s 2016 HTS Tech Day

By Armand Musey | August 17, 2016

Attached are my notes from the 2016 STS Global’s HTS Tech Day held on August 16, 2016 in Stony Brook, NY.  STS-Global-Tech-Day-Notes . STS placed many of the speaker’s presentations to their website’s blog: http://www.stsglobal.com/blog/ (last visited August 17, 2016). After leaving the helm of Globecomm Systems in late 2014, CEO Dave Hershberg and some of his former Globecomm…

Midyear TMT Regulatory Review from Morgan Lewis’s Andy Lipman

By Armand Musey | August 5, 2016

Morgan Lewis TMT partner, Andy Lipman held his midyear TMT regulatory outlook overview yesterday. As usual, he did a great job of outlining today’s complex regulatory landscape. Andy graciously allowed me to distribute his presentation: TMT Midyear Review August 2016

Open Set Top Box: A Slippery Slope to À La Carte and Weakening Power of MVPDs

By Armand Musey | July 14, 2016

The FCC’s February 18, 2016 NPRM seeking to open set-top boxes (AKA “Unlock the Box”) is more than it seems. The proposal would allow consumers to watch content they are entitled to view on their cable system on other devices as well. The cable industry’s strong resistance is filled with arguments about copyright infringement and…

The Satellite Story Today – Not a Replay of the Fiber Story of 2000 – It’s Worse!

By Armand Musey | March 2, 2016

Initially, the parallels between the fiber buildout around the turn of the twenty first century and the satellite industry today are compelling. In the late 1990s, the telecom industry increasingly poured billions of dollars into fiber. As these investments peaked, new technologies emerged to increase fiber optic capacity, including wavelength division multiplexing. This resulted in…

Five Reasons Distribution May be King of the HTS World

By Armand Musey | November 6, 2015

Satellite distributors (including resellers/systems integrators) have long been considered the black sheep of the satellite industry. Low margins, slow growth, low barriers to entry and dependence on large FSS operators have all kept returns down. But this may be changing. High throughput satellites (HTS) are poised to increase satellite capacity roughly 250-500% over the next several…

Intelsat – With Pressure on Video, the Worst is Yet to Come

By Armand Musey | October 6, 2015

Intelsat S.A (I), is trading at 3.9x earnings, and is about to launch it next generation high throughput EPIC satellites which will dramatically increase capacity. It now trades at all time lows, down over 60% from its 2013 IPO. At first glance, Intelsat might seem like a buying opportunity. But greater downside, potentially even restructuring,…

Industry Data Shows FCC Overstated Mobile Traffic . . . and Spectrum Demand

By Armand Musey | July 18, 2015

While an industry White Paper on spectrum demand is being offered to support the accuracy of FCC’s spectrum demand projections used in its National Broadband Plan, the data actually shows just the opposite.[i] It is difficult to ascertain the exact numbers in the graphs in the paper. However, comparing the actual numbers in the FCC projections…

2014 CTIA Wireless Industry Survey Suggest Maturing Industry

By Armand Musey | July 13, 2015

The CTIA recently released its annual wireless survey including 2014 results. This year’s survey is full of data suggesting a rapid maturation of the US wireless industry. Seven key data points: Annual Data growth slowed to 26%, growing from 3.23 trillion MB in 2013 to 4.06 trillion MB in 2014. This is the slowest data…