News Analysis

PSSI Global Services Acquires New England Satellite

Las Vegas, NV, Nov 4, 2013 — PSSI Global Services LLC (PSSI), a leader in satellite transmission and event management, has acquired New England Satellite (NES).  The deal closed on November 1, 2013. Financial details of the acquisition were not revealed.

Government & Industry to Combine for 1,150 Satellites Over Next Decade

Paris, France, November 4, 2013 – According to Euroconsult's recently published research report, Satellites to be Built & Launched by 2022, World Market Survey , 115 satellites will be launched on average each year worldwide over the next 10 years (2013-2022). As several commercial and government constellations will be launched into low earth orbit (LEO) in the coming years, up to 140 satellites per year are expected between 2015 and 2017, decelerating to 100 units afterwards.

TeleCommunication Systems Nets US$ 96-M in Q3, Down 31 percent from 2012

Annapolis, Md., Nov. 1, 2013 — TeleCommunication Systems, Inc. (TCS), a leader in highly reliable and secure mobile communication technology, reported on Thursday revenue of $96 million, up 3 percent from $92.8 million in the previous quarter but down 31 percent from $140.1 million in the third quarter of 2012. 

Intelsat Nets US$ 87.8-M in 3Q, Warns of Lower Revenues Ahead

Washington, D.C., November 1, 2013 — Intelsat S.A.  reported on revenues of US$ 651.8 million and net income of $87.8 million, or $0.75 per share, for the three months ended September 30, 2013.  But the company admitted that its Q3 revenues was badly hit by the slowdown in military and other US Defense Department spending on satellite bandwidth, and warned of even lower revenues ahead from cuts in U.S. government spending.

The November 2013 issue of the Satellite Executive Briefing

The November 2013 issue of  the  Satellite Executive Briefing  sponsored by Globecomm Systems is now available.  Featuring:

Challenges Ahead for the Military Satellite Market by Virgil Labrador

Space Tourism: Ready for Takeoff? by Peter Galace

Industry 'Stability' a Product of Dynamic Change by Robert Bell

Communications Solutions for Oil and Gas by Martin Jarrold

plus Conference report on CASBAA 2013, IndustryBriefs, Market Briefs, Executive Moves, Vital Statistics and Satellite Markets and Research 25TM Stock Index  and many more.   Click here or the cover image to read or download the file

DigitalGlobe Posts US$1.8 Mil. Loss Despite Revenue Rise of 54 percent to $164.8-M in 3Q

Longmont, CO, Oct. 31, 2013 — Global provider of high-resolution earth imagery solutions, DigitalGlobe, Inc., reported  third quarter 2013 revenue of US$ 164.8 million, a 54 percent increase compared with the same period last year. Despite the big rise in revenue, the company reported a net loss of $1.8 million and a net loss available to common shareholders of US$ 2.8 million.

Iridium Posts $16.6-M Net Income in 3Q, Upgrades Outlook with DoD Contract

Mclean, Va., Oct. 31, 2013 — Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.

Telesat Reports Increased Revenues for the Third Quarter

Ottawa, Canada, October 31, 2013--Telesat Holdings Inc.  announced its financial results for the three and nine month periods ended 
September 30, 2013.   For the quarter ended September 30, 2013, Telesat reported consolidated  revenues of CDN$ 238 million, an increase of approximately 8% (CDN $18 million)  compared to the same period in 2012. Revenue growth was principally the result  of revenue earned on the Anik G1 satellite, which entered into commercial  service in May 2013, and the provision of short-term satellite services to another 
satellite service provider.

Eutelsat Revenues Up 2.9% to €323.5-Million in 1Q 2013

Paris, France, Oct. 29, 2013 — Fuelled by an increase in data and value-added services, Eutelsat Communications reported on Tuesday revenues of €323.5 (US$444.74 million) for the first quarter ended Sept. 30 2013, up 2.9% from first quarter 2012.

Liberty Global Sells Chellomedia to AMC Networks for US$1 Billion

Denver, Colorado, Oct. 28, 2013 — In an effort to balance its books after its spending spree on European cable assets, Liberty Global plc announced today the sale of all its international content division Chellomedia to AMC Networks Inc. for US$1.035 billion.