News Analysis

C-COM Reports 11th Consecutive Profitable Year

Ottawa, Canada, March 15, 2016 – C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2015 posting its 11th consecutive profitable year.

EUTELSAT 65 West A satellite Successfully Launched

Kourou, French Guiana, March 9, 2016 –The successful lift-off of the Ariane rocket carrying the EUTELSAT 65 West A satellite into space lit up the night sky today in Kourou, French Guiana. The Ariane launcher ferrying Eutelsat’s newest satellite into space took off on 9 March at 02.20 (05.20 UTC) and delivered EUTELSAT 65 West A into its transfer orbit after a 27-minute flight.

RR Media to Merge with SES Platform Services

Luxembourg, March 1, 2016—SES Platform Services (SES PS), a wholly-owned subsidiary of SES, announced an agreement whereby RR Media, a leading provider of global digital media services to the broadcast and media industries, will merge its operations with those of SES PS.

The March 2016 issue of the Satellite Executive Briefing magazine

The March 2016  issue of  the  Satellite Executive Briefing magazine  sponsored by Newtec  is now available.  Featuring:

Big Changes in the Satellite Industry  by Elisabeth Tweedie

Satellite Services to Play a Key Role in the Rio Olympics by Bernardo Schneiderman

Executive Spotlight Interview with Vagan Shakhgildian, CEO-UHP Networks

Case Study on Satellite Technology Making a Difference in the Refugee Crisis

Featured Company: Santander Teleport

plus Mergers and AcquisitionsMarket Briefs, Executive Moves and many more.  Click here to read or download the file

Intelsat Announces Preliminary Fourth Quarter and Full Year 2015 Results

McLean,Va., February 22, 2016-Intelsat S.A. (NYSE: I)  today announced preliminary financial results for the three months and full year ended December 31, 2015. Intelsat reported preliminary total revenue of $571.3 million for the three months ended December 31, 2015.

Gilat Reports a Good Fourth Quarter and Forecasts Profitable Growth in 2016

Petah Tikva, Israel, February 17, 2016 –Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the fourth quarter and year ended December 31, 2015 reflecting on a good fourth quarter of 2015 nd forecasting profitable growth in 2016.

Highlights of the results include.

HISPASAT Increases Total Revenue in 2015 by 8.7%

Madrid, Spain, February 15,  2016.- In the business year of 2015 the Spanish satellite communications operator HISPASAT reached a figure of 219.6 million euros in total revenue, representing an 8.7% increase from the previous business year. EBITDA reached 178.9 million euros, which translates into a 10.6% increase with respect to 2014 and represents an operating margin of 81.5%, a figure that further anchors HISPASAT's position as one of the most profitable and efficient companies in the satellite sector.

RigNet Completes Acquisition of TECNOR

Houston, Tex. Feb. 04, 2016--RigNet, Inc. (NASDAQ:RNET), a lglobal provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed the acquisition of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR, a  provider of telecommunications solutions and services for remote sites on land, sea and air, including a wide array of equipment, voice and data services, satellite coverage and bandwidth options in Mexico. These services are provided to industrial, commercial and private users in a variety of segments from mission critical armed forces and oil & gas operations, to commercial fishing and leisure. 

DataPath Report Strong 2015 Growth and Announce Plans for International Expansion

Atlanta, Ga, Feb. 4, 2016 – DataPath, Inc. a  provider of remote field communications and information technology solutions to the aerospace, government, broadcast, and infrastructure markets announced today plans to expand its customer-facing functions and international footprint, on the heels of strong 2015 growth.  The expansion will include the launch of new products in the company’s portable satellite terminals business, continued development of its DataPath Services Division, as well as plans for new sales and customer service offices in the Middle East, India, Singapore and Australia.  

C-COM Reports Quarterly Dividend

February 1, 2016-C-COM Satellite Systems Inc., (TSXV: CMI) a leading global provider of mobile auto-deploying satellite antenna systems, today announced the payment of an eligible dividend in the amount of $0.0125 per common share payable on February 26, 2016 to all shareholders of record as of February 12, 2016.  Based on the closing price of $0.90 per share on January 28, 2016, this dividend represents a yield of 5.6% on an annualized basis.