Hong Kong, May 13, 2014 – Satellite services provider SpeedCast Ltd today announced the buyout of SatComms Australia, a leading satellite solutions provider in Australia. The acquisition will provide SpeedCast with an expanded presence in Australia.
Wilmington, DE, May 12, 2014 – NSR’s newest report, Global Direct-to-Home (DTH) Markets, 7th Edition, concludes when it comes to Direct-to-Home (DTH) Television services, not all emerging markets are created equal. NSR’s regional-centric analysis of DTH platforms points to a significant divergence in market trends not just between “developing” and “developed” markets, but also within the markets of the “developing world."
Vancouver, British Columbia – May 7, 2014 — 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.
Oslo, Norway, May 7, 2014--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.
Houston, Tex., May 6, 2014 – 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.
Austin, Tex., May 5, 2014—With cellular machine-to-machine (M2M) connections in Asia expected to more than triple in the coming years, local wireless operators have banded together in a group dedicated to facilitating M2M deployments in the region.The installed base of wireless M2M connections in the Asia-Pacific (APAC) region will rise to 109.0 million in 2017, up from 32.6 million in 2012, according to IHS Technology .
Washington, D.C., May 1 2014--Intelsat S.A. today reported total revenue of US$ 628.9 million and net income attributable to Intelsat S.A. of US$ 81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014. The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.
Wilmington, DE, April 28, 2014 – NSR's newly released Wireless Backhaul, Trunking and Video Offload via Satellite, 8th Edition finds a diverse set of opportunities for satellite companies worldwide. These varied market segments are expected to grow at mixed levels, characterized by serious opportunities, threats and risks over the long term, with NSR projecting growth from $1.4 billion in 2013 to $3.7 billion by 2023.
Dublin, Ireland, April 24, 2014-- A new report by Research and Markets entitled"Global Set Top Box Market 2014-2018" forecasts the global Set Top Box (STB) market to grow at a CAGR of 2.14 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increase adoption of HD STB. The Global STB market has also been witnessing the growth in the number of pay TV subscribers. However, the high cost of advanced set top boxes could pose a challenge to the growth of this market.
Jerusalem, Israel, April 3, 2014- Israel-based SintecMedia today announced that the company has acquired Pilat Media, both providers of media business management software. According to the Wall Street Journal, Pilat shareholders registered as of 6.00 p.m. (London) on April 2, 2014, shall receive 95 pence (US$1.60) in cash for per share, save where they have validly requested to receive such cash payment in NIS.