Americas Markets - Latest Developments


Madrid, Spain, May 6, 2016

HISPASAT, the Spanish satellite communications operator, leader in the distribution of content in Spanish and Portuguese, has announced the call for entries for the second edition of the Hispasat 4K International Film Festival, one the first festivals in the world entirely dedicated to short films, shot and post-produced in 4K.

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.

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.

Mexico City, Mexico, April 27, 2016

LATSAT, taking place on May 18-19, 2016 in Mexico City, is the unique executive meeting place for telecommunications in Latin America where executives come together to meet current or future business partners and listen to 40 high-level public and private decision makers as they discuss key issues in the region, such as universal access/service obligations, national telecommunications initiatives, digital media and enterprise usage. 

Ottawa, Canada, April 19, 2016

C-COM Satellite Systems Inc. (TSXV: CMI), a global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its first quarter ended February 29, 2016. The company has generated revenues of US$ 2,433,713 and a net after tax profit of US$ 308,547 or 1 cent per share. This compared to revenues of US$ 2,201,578 and a net after tax profit of US$ 376,431 or 1 cent per share as reported in Q1 2015, representing an increase of 10.5% and a decrease of 18.0% respectively.

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.

Mexico City, April 7, 2016

The next edition of LATSAT, the Latin American Satellite Communications & Broadcasting Summit, will take place on May 18-19, 2016, with an opening evening reception on May 17, 2016, at the Sheraton Maria Isabel Hotel in Mexico City.