RRSat

RRsat (NASDAQ:RRST)
Public (NASDAQ)
Industry Management and content distribution services to the television and radio industry
Founded 1981
Headquarters Airport City Business Park, Hanegev Street, 70100, Israel
Key people
'Avi Cohen, Chief Executive Officer
Dr. Shlomo Shamir, Chairman of the Board
Shmulik Koren , Chief Financial Officer
Ziv Mor, CTO
Lior Rival, CCO
Revenue Increase US$ 112.92 million (2011)
Increase US$ 8.78 million (2011)
Increase US$ 4.33 million (2011)
Website www.rrsat.com

RRSat Global Communications Network Ltd is an Israeli based provider of content management and distribution services to the television and radio broadcasting industries. Their services include Uplink, Downlink, Playout and Turnaround, given to over more than 630 television channels and radio channels in more than 150 countries.

The company’s services can be divided into three main groups.

Distribution Services

This involves the basic transport of television stations including the uplink (transmitting the video), downlink (receiving the video) and basic turnaround (receive and transmit). RRsat provides distribution services via satellites or terrestrial fiber optic.

End-to-end digital content preparation and Playout Services

A portion of the television channels that RRsat distributes also have the company store the content, create the playlists and edit the content to create the television channel feeds. Valued-added services may include insert advertisements, audio dubbing, insertion of subtitles, and encryption.

Sports, News and Special Events

RRsat operates a fleet of satellite broadcast vans, providing mobile uplink systems throughout the Middle East. The Company also uses “Flyaway Systems”, freestanding satellite uplink systems that can be transported to an area of urgent news reporting.

History

RRsat was founded in 1981 by David Rivel, an electronic, computers and communications engineer with over 30 years of experience in radio frequency communications, antennas, video, television and satellite communication. He is responsible for the development and implementation of RRsat strategy, business development and the overall management of company. He holds an M.Sc. degree in Electrical Engineering from the Technion - Israel Institute of Technology, Be'er Sheva Campus, and is a member of the Institute of Electrical and Electronics Engineers (IEEE), World Teleport Association and Society of Satellite Professionals Association. RRsat has two strategic partners: the Intergama Investment Group,[1] and the Kardan Group.[2] Both are major public holding companies, traded on the TASE.

Investment Thesis

Around 90% of RRsat’s revenues come from long-term contracts, and its revenue backlog, currently at over $100 million, provides excellent visibility. In addition, RRsat uses long term leases for satellite and fiber optic transmission capacity.

Digital technology trends, such as the digitization of content, the introduction of high definition television (HDTV) and Internet protocol television (IPTV), as well as the ongoing shift to digital transmission, have led to a rapid growth in the number of targetable, customizable broadcast channels.

Growing Addressable Market

According to a 2005 report by the World Teleport Association, in 2003 the teleport sector generated revenues of approximately $13 billion per year and was a critical component of the global satellite communications industry, producing over 23% of world satellite services revenue.[3]

Digital Platforms

RRsat uses Teleports, Flyaway and Transportable Uplink and Downlink systems with dishes for C-Band, Ku band and Ka-Band (2.4m to 12m). Using more than 30 advanced digital MCPC platforms RRSat enables direct to home (DTH) coverage.

Europe, Middle East, North Africa

Hotbird-8 (Hotbird-3), Hotbird-6, Turksat 2A (Eurasiasat-1), Amos 2, Amos 3, Amos 5, Eutelsat W2, Turksat 1C, Eutelsat W1, Intelsat 4 (PAS-4)

USA and Canada

DTH distribution via Galaxy 25 (IA-5) and AMC-4.

USA, Canada and South America

Intelsat 907, AB-1 and Galaxy 23.

Australia, Asia and Africa

Thaicom-5 (Thaicom-3), Intelsat-10 (PAS-10), Yamal-200, Insat 2E (APR 1), Eutelsat W5.

Australia and New Zealand

DTH distribution via Optus-B3 and Intelsat 8 (PAS-8), Asiasat-4

References

External links