Americas Markets - Latest Developments


Ottawa, Canada, March 12, 2014

C-COM Satellite Systems Inc.  a global provider of mobile auto-deploying satellite antenna systems, announced today that  for the fiscal year ended November 30, 2013 revenues have increased by 16.4% to CDN $15,573,798 and the company generated a net after tax profit of CDN $3,473,371 or 10 cents per share, This represents an increase of 30.3% from last year, when total revenues were CDN $13,385,324 and there was a net after tax profit of $2,665,491 or 8 cents per share.

C-COM recorded an income tax provision of CDN$1,392,340 in fiscal 2013, versus CDN$1,045,400 in fiscal 2012.

Rochelle Park, NJ, March 12, 2014

ORBCOMM Inc. a provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V, a supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan’s integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain.

Covington, Louisiana, March 10, 2014

Globalstar, Inc.  today announced its financial results for the three-month and twelve-month periods ended December 31, 2013. Highlights include significant increases in total revenue; increases in Duplex metrics such as subscriber additions, service revenue and ARPU; and a substantial increase in adjusted EBITDA.

Iroquois, Ontario, Canada, March 10, 2014

Ross Video has acquired Automated Data Systems (ADS) of La Crosse, Wisconsin, USA. ADS is known for innovative, feature packed and easy to use solutions for data delivery, automation and broadcast production requirements – their main product line being EZNews.
 

Paris, France, March 7, 2014

Eutelsat Communications  announces that Satelites Mexicanos (Satmex), which Eutalsat purchased in January this year has been renamed Eutelsat Americas. Headquartered in Mexico City and satellite control facilities in Hermosillo and Mexico City,  Eutelsat Americas will be part of a worldwide satellite group it will enable a broad portfolio of video, data, telco and broadband clients to benefit from Eutelsat’s global presence, services, technologies and expertise as well as access to its existing and future satellites, according to Eutelsat.

Melville, NY,  March 6, 2014

Comtech Telecommunications Corp.today reported net sales for the second quarter of fiscal 2014  of  US $85.5 million compared to US$ 74.6 million for the second quarter of fiscal 2013. The period-over-period increase reflects higher sales in the Company's telecommunications transmission and RF microwave amplifiers segments, partially offset by lower sales in its mobile data communications segment.

Long Beach, Calif., March 6, 2014

An astronaut holding the world’s record for the most spacewalks during a single mission, a private company planning to reach mars, aerospace industry titans alongside startup ventures, key military and NASA space officials, and thousands of engineers and executives are all planning to visit the Long Beach Convention Center April 1-3, 2014 for what is shaping up to be the biggest commercial space confab ever to hit the Los Angeles region,

Madrid, Spain, March 5, 2014

HISPASAT, the Spanish satellite operator, reported 201.4 million euros in revenues in 2013, a increase of  0.57% from 2012. Excluding the adverse exchange rate effect, this increase would have been 4.35%, mainly due to the increased sales results from markets outside of Spain.  

The Latin American market accounted for 55.6% of revenues per space capacity (+2.4% from 2012), while Europe and North Africa represented 44.4% (-2.2% from 2012). In 2008, before the economic crisis, these percentages were 31.5% and 68.5%, respectively.

Scottsdale, Ariz., March 3, 2014

In 2013 ABI Research estimates one out of every ten pay TV households had access to applications on the set-top box – applications include news and information services, service provider specific apps, OTT video, games, and music services. By 2019 nearly 40% of pay TV households should have access to similar services and features. Video will remain the focus for entertainment applications - consumers’ penchant for OTT video underscores the importance of video and how operator application libraries will evolve.

Dubai, UAE, March 3, 2014 by Martin Jarrold

This month’s column provides updated information about the GVF MENASAT @ CABSAT 2014 – Satellite Interference Summit, which will take place at the Dubai International Conference & Exhibition Centre (DICEC), in Meeting Room Al-Ain F (above Halls 1 and 2), on 12th and 13th March.