EMEA Markets - Latest Developments
In the first quarter of 2015, Telenor Group reported revenues of NOK 30.2 billion, representing an organic revenue growth of 7.6%. EBITDA before other items was also at an all-time high of NOK 10.6 billion. The EBITDA margin was 35% and operating cash flow was NOK 6 billion during the quarter. Net income was NOK 4.1 billion, implying earnings per share of NOK 2.70.
Intelsat S.A. (NYSE: I) reported total revenue of US$ 602.3 million and net income attributable to Intelsat S.A. of US$ 54.7 million, or $0.47 per common share on a diluted basis, for the three months ended March 31, 2015.
Telesat Holdings Inc. today announced its financial results for the three month period ended March 31, 2015. For the quarter, Telesat reported consolidated revenues of CDN$ 229 million, a decrease of approximately 5% ($13 million) compared to the same period in 2014.
Video interviews with key industry executives from Satellite 2015 in Washington, D.C. including Dan Prushnok, CEO-Qunitech Electronics and Communications;
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the three months ended March 31, 2015. SES reported revenues of EUR 477.8 million, up 2.6% (down 4.9% at constant FX over prior year and EBITDA of EUR 356.1 million, up 3.2% (down 4.6% at constant FX1) over prior year.
The EBITDA marginfor the quarter was 74.5% (Q1 2014: 74.3% at constant FX1).Profit of the group was EUR 131.0 million. Contract backlog of EUR 7.4 billion at 31 March 2015.
Net Insight, a provider of efficient and scalable transport solutions for media, IP and broadcast networks, announces today that it has posted its strongest first quarter on record, with sales were up by 18 per cent year-on-year, gross margin 60 per cent and operatingmargin 7 per cent.
Back for a 3rd year, VSAT Latin America 2015 is set to be our most progressive yet with an agenda catalysing debate towards the growing problem of satellite interference and impact of HTS in Latin America. Two key words are being pushed to the fore ‘Sustainability’ and ‘Ecosystem.’ Do you have the business model for both?
Arabsat and King Abdulaziz City for Science and Technology (KACST) today announced contracts for Lockheed Martin [NYSE: LMT] to manufacture two A2100 communications satellites. In conjunction with the award, Lockheed Martin, KACST and TAQNIA Space Company, a subsidiary of the Saudi Technology Investment and Development Company (TAQNIA), signed an agreement to explore future design, manufacture, assembly and integration of satellites in the Kingdom of Saudi Arabia.
Telenor's Thor 7 satellite was successfully launched into space on Sunday April 26, 2015 at 20:00 UTC, from the Guiana Space Centre in French Guiana. On board an Ariane 5 launcher (Arianespace flight VA222), the Thor 7 satellite was successfully injected into geostationary transfer orbit approx. 28 minutes after lift-off.
RSCC's Express-AM6 satellite has completed in-orbit testing and is now operational. Located at 53˚ E, one of RSCC’s key orbital slots, the Express-AM6 satellite will provide reliable coverage of Russia, Europe, the Middle East, Africa, and Asia.
The addition of Express-AM6 to RSCC’s satellite constellation bring the total number of satelllites in operation to 11, including seven satellites of the Express-AM series and two DBS satellites of the Express-AT series.
