Mobile satellite services operator Globalstar, Inc. reported a net loss of US$ 250.5 million for the first quarter of 2014, driven almost entirely from non-cash sources, compared to US$25.1 million for the first quarter of 2013.  Adjusted EBITDA was US$ 3.8 million for the first quarter of 2014 compared to $2.5 million in the first quarter of 2013, an increase of 54%.

DISH Network Corporation today reported revenue totaling $3.59 billion for the quarter ending March 31, 2014, compared to $3.38 billion for the corresponding period in 2013.

Net income attributable to DISH Network totaled $176 million for the quarter ending March 31, 2014, compared to $216 million from the year-ago quarter.

On 13th & 14th May, the oil and gas industry, and the satellite solutions community will turn their collective attention to the 21st event in the GVF Oil & Gas Communications Series, and the 7th to be held in Aberdeen with a focus on the European oil & gas patch.

Norsat International Inc., a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications, today reported financial results for the first quarter ended March 31, 2014.   Total sales were US$ 9.1 million, compared to US$ 8.4 million in Q1 2013.

Spanish telecom conglomorate Telefonica has acquired Canal Plus, the biggest pay TV operator in Spain, for €725 million (US $1.0 billion).

Telefonica informed Madrid’s CNMV stock market regulator of the offer Tuesday. Prisa, the controlling shareholder of Canal Plus, notified the CNMV on Wednesday evening that it had accepted Telefonica’s US$1 billion bid. With the acquisition of a 56 per cent stake, Telefonica now becomes the major shareholder in the pay-TV group with a 78 per cent stake, with Mediaset holding the remainder 22 per cent.

In the first quarter of 2014, Telenor Group reported revenues of NOK 26.5 Billion (approxiametely US$ 4.4 Billion), representing an organic revenue growth of 1.5%. EBITDA before other items was NOK 9.3 Billion, the EBITDA margin was 35% and operating cash flow was NOK 5.6 billion.

Under the royal patronage of HRH Princess Sumaya Bint El Hassan, President of the Royal Scientific Society, the 11th Convergence Summit, will take place in Amman on the 2nd and 3rd of June 2014 at the Four Seasons Hotel. Her Royal highness will be addressing the summit at the opening ceremony.

Asia’s demand for fast and reliable connected services ‘on-the-go’ is relentless. As a result of this prevalent trend, which is seen not only in developed regions but also in emerging and rural parts of the world as well, the need for high capacity broadband and fibre broadband networks is ever-increasing. This is further fuelled by a steep increase in consumption of data and entertainment on mobile devices, with mobile data traffic in Asia Pacific expected to exceed the rest of the world by 2017.

DIRECTV  today reported that first quarter 2014 revenues increased 4% to US$ 7.86 billion, adjusted operating profit before depreciation and amortization(OPBDA) increased 7% to US$ 2.22 billion, adjusted operating profit increased 7% to US$ 1.51 billion and adjusted diluted earnings per share improved 14% to $1.63 compared to last year’s first quarter.

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.