Americas Markets - Latest Developments
PSSI Global Services LLC (PSSI), a leader in satellite transmission and event management, has acquired New England Satellite (NES). The deal closed on November 1, 2013. Financial details of the acquisition were not revealed.
ORBCOMM Inc. a global provider of Machine-to-Machine (M2M) solutions, and Inmarsat, a provider of global mobile satellite communications services, today announced a strategic alliance to collaborate on joint product development and distribution to address the needs of the rapidly growing satellite M2M market. In addition, they will investigate opportunities for future satellite network expansion and integration.
According to Euroconsult's recently published research report, Satellites to be Built & Launched by 2022, World Market Survey , 115 satellites will be launched on average each year worldwide over the next 10 years (2013-2022). As several commercial and government constellations will be launched into low earth orbit (LEO) in the coming years, up to 140 satellites per year are expected between 2015 and 2017, decelerating to 100 units afterwards.
TeleCommunication Systems, Inc. (TCS), a leader in highly reliable and secure mobile communication technology, reported on Thursday revenue of $96 million, up 3 percent from $92.8 million in the previous quarter but down 31 percent from $140.1 million in the third quarter of 2012.
CommunicAsia2014, Asia's largest and most comprehensive business networking event for the global ICT industry returns to Marina Bay Sands Singapore from 17 to 20 June 2014. Featuring a myriad of the latest products, technologies and solutions, this trade show is hailed by industry as the most relevant platform for networking, product sourcing and knowledge gathering opportunities.
Global provider of high-resolution earth imagery solutions, DigitalGlobe, Inc., reported third quarter 2013 revenue of US$ 164.8 million, a 54 percent increase compared with the same period last year. Despite the big rise in revenue, the company reported a net loss of $1.8 million and a net loss available to common shareholders of US$ 2.8 million.
Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.
Telesat Holdings Inc. announced its financial results for the three and nine month periods ended
September 30, 2013. For the quarter ended September 30, 2013, Telesat reported consolidated revenues of CDN$ 238 million, an increase of approximately 8% (CDN $18 million) compared to the same period in 2012. Revenue growth was principally the result of revenue earned on the Anik G1 satellite, which entered into commercial service in May 2013, and the provision of short-term satellite services to another
satellite service provider.
Video consumption across non-traditional devices such as tablets, smartphones, PCs and connected PCs evolved exponentially into a global phenomenon that is not restricted to a geographic area or a limited number of service providers. With cable TV service providers offering more applications and interactive content, the rising adoption of IP by broadcasters and video service providers, and the growing consolidation among operators, the global IP video network management market benefited greatly, forecasted to reach US$ 442.4 million in 2017, from US$ 217.8 million in 2012.
Viacom (US$749 million) will reap the highest revenues of any international channel group in Europe in 2013, according to a new report from Digital TV Research. Covering 225 international channels/networks from 11 groups, the TV Channel Revenues in Europe report estimates that Viacom will be followed by Eurosport (US$ 651 million) and Discovery (US $620 million).
