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.  

Maximizing the successful operation of the oil & gas rigs of the future will depend on bandwidth usage level of 100 times that of today. This was the analysis of Brastrading, the Florida, USA, based company which provides engineering and high-level logistics, services, equipment and worldwide telecom solutions for the oil & gas market.

Intelsat S.A. today reported total revenue of US$ 628.9 million and net income attributable to Intelsat S.A. of US$ 81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014.  The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.

Pace today released a statement by management on its interim results for the period January 1, 2014 to April 23, 2014. Profitability of Pace was in line with management expectation and continues to have robust cash flow, according to the statement. 

A new report by Research and Markets entitled "Global Set Top Box Market 2014-2018"  forecasts the global Set Top Box (STB)  market to grow at a CAGR of 2.14 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increase adoption of HD STB. The Global STB market has also been witnessing the growth in the number of pay TV subscribers. However, the high cost of advanced set top boxes could pose a challenge to the growth of this market.

Spain-based operator HISPASAT launched its new 4KTV channel for te Americas at the NAB in Las Vegas.  HISPASAT, The channel dubbed  “HISPASAT 4K”  will be aired unencrypted from the Amazonas satellite 3 to its coverage area of Central and North America.

Dalet Digital Media Systems, a provider of Media Asset Management (MAM) solutions, software and services for broadcasters and content providers, announced that it has signed a definitive agreement with Advent Venture Partners to acquire AmberFin, a UK-based company that specializes in video ingest, complex media manipulation, transcoding and quality control (QC) solutions.

Israel-based SintecMedia today announced that the company has acquired Pilat Media, both providers of media business management software. According to the Wall Street Journal, Pilat shareholders registered as of 6.00 p.m. (London) on April 2, 2014, shall receive 95 pence (US$1.60) in cash for per share, save where they have validly requested to receive such cash payment in NIS.

The Kudelski Group announced today that it has signed a definitive agreement to acquire Conax AS from Telenor Broadcast Holding AS for approximately CHF 200 million (approximately US$ 226 million). Headquartered in Oslo, Conax is a provider of content protection for digital TV services over broadcast, broadband and connected devices.

Access to broadband could be the universal catalyst that lifts developing countries out of poverty and puts access to health care, education and basic social services within reach of all, according to the UN Broadband Commission for Digital Development, which met in Dublin this weekend.

The Commission reiterated its call to International community to recognize the transformational potential of high-speed networks and ensure broadband penetration targets are specifically included in the UN post-2015 Sustainable Development Goals.