News Analysis

NEC Acquires 100% of Shares in in Space Joint Venture with Toshiba

Tokyo, Japan, February 27, 2015--NEC Corporation (NEC; TSE: 6701) today announced a decision to acquire all shares in NEC TOSHIBA Space Systems Ltd. (NTSpace), a joint venture established in partnership with Toshiba Corporation in 2001. Shares are due to be acquired from Toshiba on March 31, 2015.

Telesat Reports 3% Increase in Revenues in 2014

Ottawa, Canada, February 26, 2015--For the year ended December 31, 2014, Telesat reported consolidated revenues of Cdn.$ 923 million, an increase of approximately 3% (Cdn.$ 26 million) compared to 2013.

Speedcast Acquires Geolink Satellite Services

Hong Kong, February 24, 2015 – SpeedCast International Limited  today announced the acquisition of Geolink Satellite Services, a provider of satellite communications solutions in the African region, and part of the CETel Group. 

DISH Network Reports Increased Revenues in 2014

Englewood, Colo., February 23, 2015--DISH Network Corporation (NASDAQ: DISH) reported 2014 total revenue of US$ 14.6 billion compared to US$ 13.9 billion in 2013, an increase of 5.3 percent. Net income attributable to DISH Network in 2014 increased 17.0 percent to US$ 945 million from US$ 807 million in 2013. Diluted earnings per share were $2.04 in 2014, compared with $1.76 in 2013.

DIRECTV 4Q 2014 Revenue Growth of 4% Drives Full Year Revenues Up 5% to US$ 33.3 billion

El Segundo, Calif., February 20, 2015-- >DIRECTV (NASDAQ:DTV) today reported that fourth quarter 2014 revenues increased 4% to US$ 8.92 billion, operating profit before depreciation and amortization (OPBDA) and operating profit decreased to US$ 2.00 billion  and US $1.26 billion, respectively, and diluted earnings per share was unchanged at US$1.53 compared to last year's fourth quarter.

SES Reports Increased Revenues, EBITDA in 2014

Luxembourg, February 20, 2015–SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the year ended 31 December 2014. The company reported revenues of EUR 1,919.1 million, up 4.0% at constant FX over the prior year and  EBITDA of EUR 1,428.0 million, up 5.0% at constant FX over the prior year.

HISPASAT Reports Flat Revenues Overall in 2014 but Increase of 9% in the Americas

Madrid, Spain, February 19, 2015--In 2014, Spanish satellite telecommunications operator HISPASAT, secured a total revenue of 202.1 million Euros, which roughly equates to the 201.4 million made in the previous fiscal year.  Intense commercial action has opened the doors to new markets and more than compensated for the shrinking European economy, the fault registered in the Amazonas 4A and the negative impact of exchange rates. 

Intelsat Reports Fourth Quarter and Full Year 2014 Results

Washington, D.C., February 18, 2015--Intelsat S.A. (NYSE: I) today reported total revenue of US$ 619.1 million and net income attributable to Intelsat S.A. of US$ 16.2 million, or $0.14 per share on a diluted basis, for the three months ended December 31, 2014. The company reported adjusted net income per diluted common share1 of $0.79 for the three months ended December 31, 2014.

Gilat Reports Significant Improvement in Results in 2014

Petah Tikva, Israel – February 18, 2015 –Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported results for the fourth quarter and year ended December 31, 2014. Revenue for 2014 was US$ 235.1 million compared to US$ 234.9 million in 2013. EBITDA increased by 43% in 2014 to US $23.4 million from US$16.3 million in 2013.

Eutelsat Report Revenue Increase in 1st Half 2014-15

Paris, France, February 12, 2015–The Board of Directors of Eutelsat Communications (NYSE Euronext Paris: ETL) announced  financial results for the half-year ended  December 31, 2014. First Half revenues of €723 million up 4.3% on a like-for-like basis. EBITDA margin was 77.4%.