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 6Gbps of reliable and low-latency satellite-based connectivity to be delivered in Port Moresby, Papua New Guinea with local partner DataCo through Australian Government assistance 

LUXEMBOURG-Tuesday 23 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Ahead of the 26th Asia-Pacific Economic Cooperation (APEC) forum taking place in Papua New Guinea, the PNG Government through its implementing agency, DataCo with the assistance of the Australian Government have chosen SES Networks to provide a managed data service delivering 6Gbps of high-bandwidth, low-latency connectivity to ensure the venues and all delegates have reliable, high-speed internet access during the conference from October to December 2018. SES announced that the service will utilise capacity from its O3b Medium Earth Orbit (MEO) satellite fleet to supplement existing capacity into Papua New Guinea (PNG) and will utilise existing DataCo infrastructure.

To provide additional connectivity ... Read more »

HOUSTON-Monday 22 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Schlumberger Limited (NYSE: SLB) today reported results for the third quarter of 2018.

(Stated in millions, except per share amounts)

Three Months Ended                                                Change

Sept. 30, 2018     Jun. 30, 2018     Sept. 30, 2017    Sequential     Year-on-year

Revenue               $8,504                     $8,303                $7,905                  2%                   8%

Pretax operating income $1,152     $1,094    ... Read more »

PHILADELPHIA-Mon ... Read more »

The award is for a turnkey service including design, supply, deploy and maintenance

MILANO-Monday 22 October 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Open Fiber a national wholesales operator awards SM Optics, part of SIAE MICROELETTRONICA group a contract to supply and deploy WSS-free WDM ROADM technology extending fibre connectivity from their fibre backbone to metro/regional sites. The new network transports the FTTH (fibre-to-the-home) and FWA (Fixed-wireless-access) aggregated traffic, delivering ultra-broadband service to houses and local businesses.

Open Fiber mission is to build a nationwide fiber network, bringing fibre connectivity to the vast majority of households and enterprises in the country, with a target of almost 19 million property units. This optical access infrastructure will enable operators delivering next generation services from FTTH broadband network for data, gaming, video streaming and mobile connectivity to 5G and IoT.

New customer segment and vehicle parc a big boost for Kingdom’s aftermarket as countdown begins to Automechanika Jeddah 2019

Riyadh, Saudi Arabia-Monday 22 October 2018 [ AETOS Wire ]

Saudi Arabia’s automotive ecosystem is set for a rapid transformation in the coming years, with 20 percent of the female population, or three million drivers, expected to be added to the Kingdom’s roads by 2020, a recent whitepaper stated.

An October 2018 report said the lifting of the ban on women driving in Saudi as of June 2018, along with recovering oil prices and economic policies aimed at boosting consumer spending, will result in an eight percent per annum increase of passenger vehicles sales until 2022.

The whitepaper, published by global research company Aranca, added that in addition to new car sales, the positive impact of a new customer segment over the next 1-3 years will be felt in the Kingdom’s automotive aftermarket, which w ... Read more »