The Satellite Industry Association (SIA) today released its 2014 State of the Satellite Industry Report, showing a three percent growth rate in world satellite industry revenues in 2013.Globally, 2013 revenues for the satellite industry totaled US$ 195.2 billion, up from US$ 188.8 billion the previous year.

AT&T and DIRECTV announced that they have entered into a definitive agreement under which AT&T will acquire DIRECTV in a stock-and-cash transaction for US$ 95 per share based on AT&T’s Friday closing price. AT&T will also assume DIRECTV debt bringing the total transaction cost to US$ 67.1 Billion.

Eutelsat Communications today reported revenues for the third quarter and nine months ended 31 March 31, 2014. Revenues for the first nine months were up by 2.5%, at constant currency excluding non-recurring and Satmex revenues. Third quarter revenues were up by 1.5%, and by 6% including Satmex, which was consolidated from January 1, 2014. The total order backlog stood at the  €5.8 billion.

The Satellite Industry Association (SIA) today applauded  the publication of new regulations that reform the export controls for satellites and related items.  The U.S. Departments of State and Commerce each published rules that will transfer commercial communications satellites and some remote sensing satellites, along with tens of thousands of  associated parts, components, and ground terminals from the more restrictive U.S. Munitions  List to the Commerce Control List. 

Hosted payloads and small satellites share a common mission – to enable greater access to space for an ever-expanding variety of commercial, government and scientific customers. In an effort to include everyone in the conversation of future-changing technology, the producers of the SATELLITE Conference and Exhibition expanded and revamped the program of its annual Hosted Payload Summit, which will now be called the Hosted Payload and Smallsat Summit. This industry-leading event will be held October 15, 2014 at the Grand Hyatt Washington, located at 1000 H Street NW, Washington, D.C.

Mobile satellite services operator Globalstar, Inc. reported a net loss of US$ 250.5 million for the first quarter of 2014, driven almost entirely from non-cash sources, compared to US$25.1 million for the first quarter of 2013.  Adjusted EBITDA was US$ 3.8 million for the first quarter of 2014 compared to $2.5 million in the first quarter of 2013, an increase of 54%.

DISH Network Corporation today reported revenue totaling $3.59 billion for the quarter ending March 31, 2014, compared to $3.38 billion for the corresponding period in 2013.

Net income attributable to DISH Network totaled $176 million for the quarter ending March 31, 2014, compared to $216 million from the year-ago quarter.

Norsat International Inc., a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today reported financial results for the first quarter ended March 31, 2014.   Total sales were US$ 9.1 million, compared to US$ 8.4 million in Q1 2013.

DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

ITC Global, a provider of satellite communications to remote and harsh environments announced today that it completed a successful first quarter 2014, signing over US$ 30 million in new long-term service contracts.  The sales come from several new customers, as well as renewals and upgrades from existing clients. The first three months of the year also marked the successful deployment of 27 custom networks for clients across all three of the company’s primary markets – energy, mining, and maritime.