News Analysis

Viasat's Strong Adjusted EBITDA Growth Pushes Year-to-date Results to Record Levels

Carlsbad, Calif., February 10, 2015–ViaSat Inc. (NASDAQ: VSAT),  announced strong fiscal year 2015 third quarter financial results that included revenues of US$ 339.6 million and strong Adjusted EBITDA growth of 51% to US$ 85.9 million, up from US$ 56.7 million recorded in the same period last year.

ATEME Report 24% Revenue Increase in 2014

Paris, France,  Feb. 11, 2015--Video delivery solutions provider ATEME, today announced record results for 2014 in terms of corporate growth, geographic expansion and revenue. ATEME reported increased annual revenues by 24 percent to €25.4 million in 2014 over 2013 total annual sales of €20.6 million.

IDC Exploring Strategic Alternatives

Ottawa, Canada, February 10, 2015--International Datacasting Corporation (TSX:IDC), a technology provider for broadcasters, announced that it is engaged in discussions regarding a potential acquisition of the company's business. The identity of the counterparty and terms of the potential acquisition are subject to a non-disclosure agreement.

Harris Corporation Reports Fiscal 2015 Second Quarter Results

Melbourne, Fla., February 6, 2015--Harris Corporation (NYSE:HRS) reported revenue in the second quarter of fiscal 2015 of US$ 1.21 billion and income from continuing operations of US$ 140 million, or US$ 1.32 per diluted share. In the prior year, revenue was US$ 1.22 billion and income from continuing operations was US$137 million, or US$ 1.27 per diluted share. Orders in the quarter were US$1.11 billion.

Harris Corporation to Acquire Exelis

Melbourne, Fl., February 6, 2015--Harris Corporation and Exelis today announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at US$ 23.75 per share, or an approximately US$ 4.75 billion enterprise value.

TeleCommunication Systems Reports Fourth Quarter and Full Year 2014 Results

Annapolis, MD, Feb. 5, 2015- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), reported results for the fourth quarter and fiscal year ended December 31, 2014. Revenue was up 19% from the fourth quarter of 2013. Adjusted EBITDA of US $9.9 million (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation) was up 14% from $8.8 million in the year-ago quarter; this was the company's third consecutive quarter of EBITDA improvement.

EMC Acquires General Industry Systems

Miami, Fl., February 3, 2015--Emerging Markets Communications (EMC), a satellite and terrestrial communications services provider, announced that  it acquired General Industry Systems (GIS) AS, a Norwegian-based provider specializing in energy and maritime connectivity services for offshore operations. The consolidated portfolio of products, services, experience, locations and engineers of the companies strengthens EMC’s energy and maritime business segments.

The February 2015 issue of the Satellite Executive Briefing magazine

The February 2015  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data  is now available.  Featuring:

The Future of Satellites and Broadcasting  by Carlos Espinos

Back and Forth with SSPI Hall of Fame Inductee XT Vuong by Lou Zacharilla

Case Study: Satellites Helping to Assess Risk of Epidemics

ITU Telecom: Focus on the Future  by Roxana Dunnette

Executive Spotlight Interview with ITU Secretary-General Hamadoun Toure

Connectivity, CABSAT and Cherry Blossoms by Martin Jarrold

plus Market Briefs, Executive Moves, Vital Statistics and Satellite Markets and Research 25TM Stock Index  and many more.  Click here to read or download the file

Inmarsat’s second Global Xpress Satellite Successfully Launched

Baikonour, Kazakhstan, February 2, 2015 – Inmarsat (LSE:ISAT.L), announces the successful launch of its second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan on Sunday, February 1st at 12:31 GMT.

 

Ericsson Acquires Playout Business of twofour54

Abu Dhabi, UAE, February 2, 2015--Ericsson (NASDAQ:ERIC) has strengthened its partnership with twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi, through the acquisition of its current playout business, initially providing playout services for nine different channels.