Global Markets - Latest Developments


Ottawa, Canada,  May 1, 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.

Washington, D.C. April 30, 2015

 prushnok-2015.gifVideo interviews with key industry executives from Satellite 2015  in  Washington, D.C. including Dan Prushnok, CEO-Qunitech Electronics and Communications

McLean, Va., April 30, 2015

Iridium Communications Inc. (Nasdaq:IRDM) today reported financial results for the first quarter of 2015 and affirmed its full-year 2015 and long-range outlook. Net income was US$ 21.0 million, or $0.17 per diluted share, for the first quarter of 2015, as compared to US$ 16.5 million, or $0.19 per diluted share, for the first quarter of 2014.

Luxembourg, April 30, 2015

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.

Stockholm, Sweden, April 29, 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.

Sao Paolo, Brazil, April 29, 2015

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?

Miami, FL – April 29, 2015

Emerging Markets Communications (EMC) has signed a definitive merger agreement to acquire MTN Communications (MTN), a provider of communications and content for remote locations around the world. 

Washington, DC, April 29, 2015

The National Association of Broadcasters (NAB) is now accepting speaking proposals for the 2015 Content and Communications World (CCW) featuring SATCON, to be held November 11-12, 2015 in New York.

CCW is a leading media, entertainment and communications technology event focusing on content creation, management and delivery technologies. SATCON offers sessions and exhibits serving companies in the satellite-enabled communications and content delivery industry.

New York, NY, April 28, 2015

Satellite Radio provider SiriusXM reported net income of US$ 106 million in the first quarter of 2015, up 12% from US$ 94 million in the first quarter of 2014. Net income per diluted common share was $0.02 in the first quarter of 2015 and 2014. Adjusted EBITDA was US$ 399 million in the first quarter of 2015, up 19% from $335 million in the first quarter of 2014.

Riyadh, Saudi Arabia, April 28, 2015

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.