News Analysis

RigNet Enters Kazakhstan Market Through Acquisition of Munaicom

Houston, Tex., December 29, 2014--RigNet, Inc. (Nasdaq:RNET), a provider of managed remote communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry, today announced that it has acquired Timas Munaicom TOO ("Munaicom"), an oilfield communications company based in Almaty, Kazakhstan.

O3b Successfully Launches Four More Satellites to Complete Iniitial Constellation

Le Centre Spatial Guyanais, Kourou, French Guiana , December 18, 2014: Arianspace successfully launched four satellites for O3b using a Soyuz rocket from the Space Center in French Guiana. The launch follows the successful launches of the first eight O3b satellites in two batches in June 2013 and July 2014, completing the initial constellation of 12 satellites for O3b's medium-earth orbit, all-Ka-band system.

New Amino and PerceptionTV White Paper Highlight Challenges Facing Operators in Delivering Successful OTT Multiscreen Experiences

London, UK, December 16, 2016-- Amino, leader in IPTV, and PerceptionTV, the IPTV multiscreen platform provider, today publish a new white paper addressing the challenge facing operators seeking to deliver a consistent off net multiscreen TV experience.

Com Dev Acquires MESL Microwave

Cambridge, Ontario, Canada, December 12, 2014--Com Dev International has signed an agreement to acquire 100 percent of MESL Microwave for £12.8 million. Headquartered in Edinburgh, Scotland, MESL Microwave Ltd. plays a significant role in the global microwave technology market, designing and manufacturing components and subsystems for the radar, communications, defence and aerospace industries.

Comtech Telecommunications Corp. Announces Results for the First Quarter of Fiscal 2015

Melville, NY, December 10, 2014-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the three months ended October 31, 2014. Net sales for the three months ended October 31, 2014 were US$ 76.4 million compared to US$ 83.4 million for the three months ended October 31, 2013. The period-over-period decrease reflects lower net sales in all three of the Company's operating segments.

IDC Revenues Improve

Ottawa, Canada, Dec. 10, 2014- International Datacasting Corporation (IDC) (TSX:IDC), announced its financial results today for the nine months and third quarter ended October 31, 2014.  Revenues totaled CDN $3.0 million for the third quarter of Fiscal 2015, 19% higher than the prior year's third quarter. The increase was primarily due to a 79% improvement in product revenues, partially offset by a reduction in services revenues due to the non-renewal of the Canadian Forces Radio and Television service.

Comtech Telecommunications Corp. Completes Review of Strategic Alternatives

Melville, NY, December 9, 2014-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced that its Board of Directors has completed a review of strategic alternatives today with the assistance of its financial advisor, Citibank, its legal counsel, Proskauer Rose, and its special counsel, Morris, Nichols, Arsht & Tunnell. After considering various strategic alternatives to enhance shareholder value, including a possible merger or sale of the company, the Board has determined that the interests of the company and its shareholders will be best served by the company remaining independent.

World Teleport Association Publishes Top Operator Rankings for 2014

New York, NY, December 9, 2014– The World Teleport Association (WTA) published its annual rankings for the Top Teleport Operators of 2014. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

HISPASAT Contracts SSL to build Amazonas 5 Satellite

Palo Alto, Calif., December 5, 2014-- Spanish satellite telecommunications operator, HISPASAT, has contracted Space Systems Loral (SSL) to build the Amazonas 5 satellite, which will provide a wide range of telecommunications services in Latin America. This new satellite constitutes an expansion of the Amazonas 4B project, to which the full capacity of the Amazonas 4A was added.

ATK and Orbital Receive U.S. DOJ Clearance for Proposed Merger

Arlington, Va., Dec. 4, 2014—Alliant Techsystems Inc. (“ATK”) (NYSE: ATK) and Orbital Sciences Corporation (“Orbital”) (NYSE: ORB) announced that the U.S. Department of Justice (“DOJ”) has unconditionally cleared the proposed merger of ATK’s Aerospace and Defense Groups with Orbital.