News Analysis

SES Posts Revenue and EBITDA Growth in 2013

Luxembourg, February 21, 2014--SES reported 2013 revenues of EUR 1.862 billion (approximately US$ 2.59 billion), an increase of 3.4% at constant foreign exchange rates (FX) over the prior year period; 5.9% when excluding the EUR 42.6 million of analogue revenue recorded in 2012.  2013 EBITDA  was EUR 1.364 billion, an increase of 2.8% at constant FX over the prior year; 6.2% when excluding analogue revenue.

Intelsat 2013 Results Reflect Challenges in the Government and African Markets

Washington, D.C., February 20, 2014-- Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended  December 31, 2013. The company reported adjusted diluted net income per  common share of $0.84 for the three months ended December 31, 2013. 

SES Contracts Airbus for Electric Propulsion Satellite

Luxembourg, February 20, 2014--Airbus Defence and Space (formerly Astrium)  has won a contract with SES for the design and construction of the latest addition to its fleet, the SES-10 satellite which will be covering the Americas. The new satellite will be based on the Eurostar E3000 platform and will be equipped with a dual chemical and electrical propulsion system.

 

Gilat Doubles Backlog in 2013 to US$ 228 million

Petah Tikva, Israel - February 18, 2014 - Gilat Satellite Networks Ltd. today reported its results for the fourth quarter and year ended December 31, 2013. Revenue for 2013 was US$ 234.9 million with EBITDA of US$ 16.3 million. Gilat reported strong backlog of US$ 228 million at the end of 2013 more than doubled as compared to US$98.9 million at the end of 2012.

ILS Successfully TURKSAT-4A

Baikonur, Kazakhstan, February 15, 2014 – International Launch Services (ILS) successfully launched the TURKSAT-4A satellite into orbit today on an ILS Proton vehicle. The satellite was built by Mitsubishi Electric Corporation for TURKSAT Satellite Communication, Cable TV and Operation Inc. Co. (TURKSAT A.S.). This was the first ILS Proton launch for both the satellite operator and the manufacturer; it was also the first Proton launch of the year.

Eutelsat Revenues Up 3.1% in 2nd Half of 2013

Paris, France, February 14, 2014--Eutelsat anounced financial results for half year ending December 31, 2013, reporting revenue growth of 2.2%, and 3.1% at constant currency and excluding non-recurring revenues in line with full-year objectives. EBITDA was  €501 million (approximately US$ 676.83 million). The EBITDA margin was 77.4%.

Global Spending on Space Decreases for First Time in 20 Years

Paris, France, February 13, 2014--According to Euroconsult's newly released research report entitled "Profiles of Government Space Programs," global budgets for space programs dropped to US$ 72.1 billion in 2013 following peak spending at US$ 72.9 billion in 2012. This is the first time since 1995 that public space programs worldwide have entered a downward trend, a direct result of the cyclical nature of countries' investment in space-based infrastructures combined with governments' belt-tightening efforts during tough economic times.   

Telenor Posts Record high EBITDA

Oslo, Norway, February 12, 2014-- In the fourth quarter of 2013, Telenor Group reported revenues of NOK 28 billion (US$ 4.28 billion), representing an organic revenue growth of 1%. EBITDA before other items was NOK 8.99 billion, the EBITDA margin was 32.6%, and operating cash flow was NOK 4.42 billion (US$ 720 million).

Arabsat and MICT sign capacity contract on Arabsat-5

Riyadh, Saudi Arabia, February 11, 2014- Arabsat and Morgan for Information and Communications Technology (MICT) signed a contract where Arabsat will provide Morgan with Satellite capacities on Arabsat-5C at the orbital position 20° East, with full coverage to the African continent, in addition to Arabsat usual coverage to the Middle East and large parts of Asia and Europe.

ABS-2 Satellite Successfully Launched by Arianespace

Kourou, French Guiana, February 6, 2014--The ABS-2 satellite was successfully launched  at 6:30  p.m. Kourou time today. The satellite was launched on an Ariane ECA launch vehicle from the Guiana Space Center.