Americas Markets - Latest Developments
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.
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 $0.70 for the three months ended June 30, 2015.
Video interviews with key industry executives from the Latin American Satellite Communications and Broadcasting Summit (LATSAT) 2015 in Mexico City organized by Euroconsult, including: Dolores Martos, MD-Americas and Erwi
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.
Among the highlights of the report include:
AT&T said it has officially closed on its (NYSE: T) US$ 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.
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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
VITAL STATISTICS
Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million in a cash and stock transaction. The acquisition includes all of Cisco’s cable modem and set-top box businesses.
Planet Labs has entered into a definitive agreement to purchase the BlackBridge geospatial companies, including the RapidEye suite of core offerings.
C-COM Satellite Systems Inc. (TSXV: CMI), a global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its second quarter ended May 31, 2015. The company has generated revenues of CDN$ 3,101,579 and a net after tax profit of CDN$ 313,201 or 1 cent per share. This compared with revenues of CDN$ 3,754,738 and a net after tax profit of 782,188 or 2 cents per share as reported in 2014, representing a decrease of 17.4% and 60% respectively.
Registration is now open for in the 2nd Latin American Broadcasting Business Forum, to be held on August 25 and 26 in São Paolo, Bazil.The event is organized by SET and the Asociación Internacional de Radiodifusión (A.I.R.), with the support of the Brazilian Association of Radio and Television Broadcasters (ABERT) and the Association of Radio and Television Broadcasters of the State of São Paulo (AESP). The Forum will be held as part of the SET EXPO, the largest broadcast and new media business and technology event in Latin America.
International Datacasting Corporation (IDC) (TSX:IDC),announced today that it has completed a $0.9 million private placement, streamlined the leadership team and made some changes to its Board of Directors.
