Global Markets - Latest Developments


Geneva, Switzerland, August 4, 2014

ITU today announced a call for innovations, a global hunt for the innovators, makers or entrepreneurs who are using technologies such as 3D printing or advanced robotics, or working within fields such as bio-mimicry, which uses technological innovations to imitate nature in order to solve problems – those who can make a real difference in a rapidly evolving and changing world. The call was launched in conjunction with innovation partner Ars Electronica. Selected innovations will be showcased at the upcoming ITU Telecom World 2014 in Doha this December.

Paris, France, August 1, 2014

Eutelsat's  financial results for the year ended 30 June 30, 2014 was in line with revenue growth objectives of the company.  Revenue growth was 2.6%.   EBITDA margin ws 76.7% and backlog reached record levels of €6.4 billion.

The Board of Directors of Eutelsat proposed dividend of €1.03 per share, payout ratio of 75%.  Eutelsat's Board expects topline growth acceleration in next three years and high level of profitability maintained.

Hong Kong, August 1, 2014

Asia’s pay-TV and broadband industries are at a critical stage of growth and evolution, according to leading research & consulting firm Media Partners Asia (MPA). Pay-TV industry sales, including subscription and advertising, grew at a robust 10% in 2013 to reach approx. US$ 49 billion.

El Segundo, Calif., July 31, 2014

DIRECTV  today reported that second quarter 2014 revenues increased 5% to $8.11 billion, reported operating profit before depreciation and amortization(OPBDA) increased 3% to US$ 2.15 billion, reported operating profit increased 5% to US$ 1.42 billion and reported diluted earnings per share increased 35% to $1.59 compared to last year's second quarter.

Ottawa, Canada, July 31, 2014

Telesat Holdings Inc. today announced its financial results for the three and six month periods ended June  30, 2014.  For the quarter ended June 30, 2014, Telesat reported consolidated revenue of CDN$ 226 million, an increase of 5% (CDN$10 million) compared to the same period in  2013. 

McLean, Va., July 31, 2014

Iridium Communications Inc. today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was US$ 15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to US$ 15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA") for the second quarter was US$ 54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent.

Middletown, RI, July 30, 2014

KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.

Middletown, RI, July 30, 2014

KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.

Carlsbad, Calif., July 29, 2014

ViaSat Inc. has expanded its high-speed satellite data communication technology base with the acquisition of a high-rate modem product line and custom spacecraft technologies for earth observation from Gray Labs Inc.

Gray Labs has been at the leading edge of this market for several decades and the technology continues to provide high performance in ISR and other applications.

New York City, July 29, 2014

 john-landgraf.jpgJohn Landgraf, CEO of FX Networks and FX Productions NY, will deliver the keynote address at the 2014 Content and Communications World (CCW), to be held November 12-13 in New York. CCW+SATCON, produced by the National Association of Broadcasters (NAB), is the East Coast's most significant content and communications event.