News Analysis

AsiaSat Reports 2015 Interim Results

Hong Kong, August 27, 2015--Asia Satellite Telecommunications Holdings Limited (‘AsiaSat’ – SEHK: 1135), today announced its 2015 interim results for the six months ending June 30, 2015. 1st Half 2015 turnover was HK$ 641 million, down 8% compared to same period last year primarily due to lower short-term revenue generated in the current period. 

SpeedCast Announce Strong Results for First Half 2015

Sydney, Australia, August 26, 2015  Satellite communications service provider SpeedCast today announced strong half year 2015 results for the period of January through June 2015, demonstrating double digit year-on-year growth across all major P&L metrics.

Ariane 5 Rocket Sucessfully Launches Eutelsat 8 and Intelsat 34

Kourou, French Guiana, August 20, 2015--The 225th launch of the Ariane 5 rocket successfully placed two telecommunication satellites, Eutelsat 8 and Intelsat 34 in geostationary transfer orbits on August 20, following lift off from the European spaceport in Kourou, French Guiana.

Gilat Announces Second Quarter 2015 Results

Petah Tikva, Israel, August 12, 2015-Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider  of satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2015.  

Iridium Announces Second-Quarter 2015 Results; Updates 2015 and Long-Range Outlook

McLean, Va., July 30, 2015--Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2015 and updated its full-year 2015 and long-range outlook. Net income was US$ 26.0 million, or US$ 0.21 per diluted share, for the second quarter of 2015, as compared to US$ 15.0 million, or US$ 0.14 per diluted share, for the second quarter of 2014.

Revenues are Up at Intelsat

Tyson's Corner, Va., July 30, 2015--Intelsat S.A. (NYSE: I) today reported total revenue of US$ 598.1 million and net income attributable to Intelsat S.A. of US$ 60.2 million, or US$ 0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common shareof $0.70 for the three months ended June 30, 2015.

SpeedCast Acquires SAIT Communications

Sydney, Australia, July 28, 2015 – SpeedCast International Limited  today announced that it has signed a definitive agreement to acquire SAIT Communications, a fast-growing maritime communications service provider in southern Europe.  SAIT Communications is one of the leading suppliers of L-band satellite services in the southern European maritime market, in particular Greece, which is one of the largest maritime markets in Europe, as well as Cyprus. 

Global Business Delivering Growth for SES

Betzdorf, Luxembourg, July 24, 2015–SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.

Myanmar Continues to Advance Development Plans as New Broadcasting Law Edges Towards Conclusion

Yangon, Myanmar, July 17, 2015 – Myanmar’s broadcasting industry is set for significant changes as the government moves forward with a new broadcasting law which is nearing completion. In the run-up to the return of the hugely successful CommuniCast event and Myanmar’s second Satellite Forum (17-19 November 2015 at Myanmar Event Park, Yangon), the Myanmar Government has acted on its plans to develop one of the country’s key industry sectors with a new broadcasting law to open up the country’s media industry and encourage the distribution of new services.