Americas Markets - Latest Developments


Cedar Rapids, Iowa, August 6, 2015

Rockwell Collins has acquired Newport News, Virginia-based International Communications Group (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry.

The initial purchase price was US$ 50 million and additional post-closing consideration of up to US$ 14 million may be paid.

Middletown, R.I., August 4, 2015

KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the second quarter ended June 30, 2015 today.  Overall revenues grew 10% to US$ 44.9 million (consensus $44.0 million), reflecting service growth of 35% (organic growth of 6%) and a 14.5% decline in hardware revenues (largely defense-related). 

Highlights of the report include:

Mexico City, August 3, 2015

Private equity fund manager Northgate Capital has acquired a majority stake in Elara Comunicaciones, S.A.P.I. de C.V. through a transaction in which Northgate will invest up to US$ 38 million in both primary and secondary transactions.

Geneva, Switzerland, August 3, 2015

The World Radiocommunication Conference, the international treaty-making Conference, will review the international regulatory framework for radiocommunications – the Radio Regulations – and revise them as needed to take into account the rapid evolution of information and communication technologies (ICT), ensuring that reliable radio services are available  everywhere, enabling people to live and travel safely and enjoy high performance radiocommunications.

Ottawa, Canada, July 30, 2015

For the quarter ended June 30, 2015, Telesat reported consolidated revenue of CDN$ 227 million, an increase of CDN$ 1 million compared to the same period in 2014. During the quarter, the U.S. dollar was 13% stronger than it was during the second quarter of 2014, resulting in a positive impact on the conversion of U.S. dollar denominated revenue and a negative impact on the conversion of U.S. dollar denominated expenses.

McLean, Va., July 30, 2015

Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2015 and updated its full-year 2015 and long-range outlook. Net income was US$ 26.0 million, or US$ 0.21 per diluted share, for the second quarter of 2015, as compared to US$ 15.0 million, or US$ 0.14 per diluted share, for the second quarter of 2014.

Tyson's Corner, Va., July 30, 2015

Intelsat S.A. (NYSE: I) today reported total revenue of US$ 598.1 million and net income attributable to Intelsat S.A. of US$ 60.2 million, or US$ 0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common shareof $0.70 for the three months ended June 30, 2015.

Mexico City, July 30 2015

 latsat-2015_0.gifVideo interviews with key industry executives from the Latin American Satellite Communications and Broadcasting Summit  (LATSAT) 2015 in Mexico City organized by Euroconsult, including: Dolores Martos, MD-Americas and Erwi

Betzdorf, Luxembourg, July 24, 2015

SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.

Among the highlights of the report include:

Dallas, Tex., July 24, 2015

AT&T said it has officially closed on its (NYSE: T) US$ 49 billion acquisition of DirecTV (NASDAQ: DTV) following the US' Federal Communications Commission's  approval of the transaction. The newly combined company will become  the largest Pay TV provider in the United States and the world.

Related Articles:

DIRECTV U.S. Revenues Increase 6% in the 1Q 2015 Including a 5.5% Increase in ARPU.

Pay TV Set-Top Box Market Contracts for the First Time in 12 Years

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