News Analysis

The May 2016  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data  is now available.  Featuring:

Betzdorf, Luxembourg, May 2, 2016--SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) has agreed to increase its interest in O3b Networks (O3b) to 50.5% and, in doing so, will take a controlling share in the company. The transaction is subject to regulatory approvals which are expected to be completed during H2 2016.

Tysons Corner, Va,  April 28, 2016--Intelsat S.A. (NYSE: I) powered by its satellite backbone, today announced financial results for the three months ended March 31, 2016.Intelsat reported total revenues of US$ 552.6 million for the three months ended March 31, 2016. Net income attributable to Intelsat  was US$ 15.3 million, or US$ 0.13 per share on a diluted basis for the three months ended March 31, 2016. The company reported that adjusted net income per diluted common share was $0.31 for the same period.

Mclean, VA., April 28, 2016--Iridium Communications Inc. (Nasdaq:IRDM) today reported financial results for the first quarter of 2016 and affirmed its full-year 2016 and long-range outlook. Net income was US$ 28.5 million, or US$ 0.23 per diluted share, for the first quarter of 2016, as compared to US$ 21.0 million, or US$ 0.17 per diluted share, for the first quarter of 2015.  Operational EBITDA ("OEBITDA") for the first quarter was US$ 60.7 million, as compared to US$ 52.5 million for the prior-year period, representing a year-over-year increase of 16% and an OEBITDA margin of 58%. OEBITDA grew primarily due to higher government service revenue and increased sales of subscriber equipment, as well as to lower manufacturing costs on certain product lines.

Ottawa, Canada April 28, 2016-Telesat Holdings Inc.  today announced its financial results for the three month period ended March 31, 2016. Telesat reported consolidated revenues of CDN$ 235 million, an increase of approximately 3% (CDN $6  million) compared to the same period in 2015.

London, UK, April 27, 2016–SintecMedia, a provider of broadcast management software announced that SintecMedia’s management team and Francisco Partners, a global technology-focused private equity firm, have acquired SintecMedia from its existing shareholders, including Riverwood Capital.

Rochelle Park, NJ, April 12, 2016--ORBCOMM Inc. (Nasdaq: ORBC), a provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to acquire Skygistics (PTY) Ltd. and its South African and Australian subsidiaries. Based outside of Johannesburg, South Africa, Skygistics provides a broad range of satellite and cellular connectivity options as well as telematics solutions centered around the management of remote and mobile assets to more than 250 telematics and enterprise customers.

Paris, France, April 7, 2016-CANAL+ Group, through its subsidiary THEMA, announces the acquisition from Eutelsat Americas of Alterna’TV, a Miami-based content distribution company. Alterna’TV is a content distribution platform that provides principally Latin American channels to cable and Internet TV operators in the United States. It currently reaches over ten million subscribers across the Americas.

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

Moscow, Russia, April 1, 2016--Russia's space agency Roscosmos has found a buyer for Sea Launch, the agency's director Igor Komarov said in a report by the TASS news agency.