Americas Markets - Latest Developments


Luxembourg, March 1, 2016

SES Platform Services (SES PS), a wholly-owned subsidiary of SES, announced an agreement whereby RR Media, a leading provider of global digital media services to the broadcast and media industries, will merge its operations with those of SES PS.

SES will pay a consideration of USD$ 13.291 per share to acquire a 100% interest in RR Media. The consideration corresponds to an Enterprise Value of US$242 million, which will be funded from the group’s existing financial resources. The acquisition is subject to regulatory approvals, which are expected to be completed in Q2/Q3 2016.

Hampshire, UK,  February 22, 2016

A new report from Juniper Research has valued operator in-flight roaming revenues at nearly US$ 3 billion by 2020, doubling the value estimated for this year. This figure includes mobile voice, data and SMS.

However, in terms of total operator billed mobile roaming revenues, in-flight roaming will only represent around 5% of revenues globally by 2020.

Targeting Data Roamers

McLean,Va., February 22, 2016

Intelsat S.A. (NYSE: I)  today announced preliminary financial results for the three months and full year ended December 31, 2015. Intelsat reported preliminary total revenue of $571.3 million for the three months ended December 31, 2015.

Petah Tikva, Israel, February 17, 2016

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the fourth quarter and year ended December 31, 2015 reflecting on a good fourth quarter of 2015 nd forecasting profitable growth in 2016.

Highlights of the results include.

Madrid, Spain, February 15,  2016

In the business year of 2015 the Spanish satellite communications operator HISPASAT reached a figure of 219.6 million euros in total revenue, representing an 8.7% increase from the previous business year. EBITDA reached 178.9 million euros, which translates into a 10.6% increase with respect to 2014 and represents an operating margin of 81.5%, a figure that further anchors HISPASAT's position as one of the most profitable and efficient companies in the satellite sector.

Atlanta, Ga, Feb. 4, 2016

DataPath, Inc. a  provider of remote field communications and information technology solutions to the aerospace, government, broadcast, and infrastructure markets announced today plans to expand its customer-facing functions and international footprint, on the heels of strong 2015 growth.  The expansion will include the launch of new products in the company’s portable satellite terminals business, continued development of its DataPath Services Division, as well as plans for new sales and customer service offices in the Middle East, India, Singapore and Australia.  

Jakarta, Indonesia, February 1, 2016

Indonesia’s quest to build a robust digital economy and ecosystem will get a major boost this August with the launch of a dedicated series of industry events comprising of the Indonesia ICT SummitCommunic Indonesia and Broadcast Indonesia 2016. These inaugural events will be held from 31 August – 3 September at the Jakarta International Expo, Kemayoran.

February 1, 2016

C-COM Satellite Systems Inc., (TSXV: CMI) a leading global provider of mobile auto-deploying satellite antenna systems, today announced the payment of an eligible dividend in the amount of $0.0125 per common share payable on February 26, 2016 to all shareholders of record as of February 12, 2016.  Based on the closing price of $0.90 per share on January 28, 2016, this dividend represents a yield of 5.6% on an annualized basis.

Washington, D.C., January 30, 2016

Ben Sherwood, co-chairman of Disney Media Networks and president, Disney|ABC Television Group, will deliver opening remarks at the 2016 NAB Show in Las Vegas. The opening session will take place Monday, April 18, following NAB President and CEO Gordon Smith's "State of the Broadcast Industry" address. The opening event is sponsored by Blackmagic Design.

Stockholm, Sweden, January 19, 2016

Ericsson (NASDAQ: ERIC) today announces its intention to acquire FYI Television, the premier entertainment metadata and rich media content supplier based in Grand Prairie, Texas. The acquisition, which is subject to customary closing conditions, will strengthen Ericsson's already industry-leading position in broadcast and media services.