News Analysis

Gilat Announces First Quarter 2016 Results

Petah Tivka, Israel., May 18, 2016-- Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), today reported its results for the first quarter ended March 31, 2016.  Revenue for Q1 2016 was US$52.7 million compared to US$45.2 million in comparable period of 2015, an increase of 17%.

Eutelsat's Revenues Growth in 3Q Below Expectations

Paris, France, May 12, 2016-- Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the third quarter and the nine months ended 31 March 2016.  Revenue growth in the Third Quarter was below expectations, reflecting a worse than expected environment in several emerging markets, in particular in Latin America, where much of our new capacity is targeted and the spread of tough competitive conditions in Data Services to all markets. 

Intelsat Announces Tender Offers for Certain Notes of Intelsat Jackson Holdings

Tysons corner, Va., May 12, 2016-- Intelsat S.A., today announced that its subsidiary, Intelsat Jackson Holdings S.A.  is commencing a tender offer  to purchase its 6 ⅝% Senior Notes due 2022 (CUSIP No. 45824TAM7) (the “2022 Notes”), 5 ½% Senior Notes due 2023 (CUSIP No. 45824TAP0)  and 7 ½% Senior Notes due 2021 (CUSIP No. 45824TAG0) for up to US$ 625,000,000 in aggregate cash consideration (excluding accrued and unpaid interest on the Securities and excluding fees and expenses related to the Tender Offers).

Echostars Report 1Q 2016b Financial Results

Englewood, CO., May 10, 2016-- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the quarter ended March 31, 2016. EchoStar results were within striking distance of consensus and good enough for the stock to hold a 4-5% gain through most of the trading day (close was +3.8%).

Global Eagle Entertainment to Acquire Emerging Markets Communications

Los Angeles, Calif., May 9, 2016--Global Eagle Entertainment Inc. (GEE) (NASDAQ:ENT) today announced that it has signed a definitive agreement to acquire Emerging Markets Communications (EMC) a communications services provider to maritime and other mobility markets. The combined company will become a leading provider of global satellite-based communications and media content serving the rapidly growing aviation and maritime markets and select land-based markets. 

RigNet Announces First Quarter 2016 Earnings Results

Houston, Tex., May 9, 2016--RigNet, Inc. (NASDAQ:RNET), a provider of digital technology solutions focusing on serving energy facilities, maritime vessels and other global remote locations, today reported quarterly results for the quarter ended March 31, 2016. Quarterly revenues was US$ 62.3 million representing an increase of US$ 10.2 million compared to the prior quarter and a decrease of US$ 15.3 million compared to the prior year quarter.

Spacex Successfully Launches JCSAT -14 Satellite

Cape Canaveral, Fla., May 6, 2016—Spacex’ Falcon 9 rocket successfully launched JCSAT-14, a commercial communications satellite for SKY Perfect JSAT Corporation, to a Geostationary Transfer Orbit (GTO) earlier today at Cape Canaveral Air Force Station, Florida. Friday's mission began at 1:21 a.m. EDT (GMT-4) and delivered the satellite into its orbit after a 32-minute flight.


The May 2016 issue of the Satellite Executive Briefing magazine

The May 2016  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data  is now available.  Featuring:

Trends in the Japanese Satellite Market by Naoakira Kamiya

Better Satellite World Series:  Free at last-via Satellite

It's Getting Better All the Time..Really! by Robert Bell

Case Study: Providing On-Board Broadcast Equipment for the Volvo Ocean Race  

From Digital Oilfields to Digital Flight by Martin Jarrold

plus Mergers and AcquisitionsMarket Briefs, Executive Moves, Product and Services MarketPlace Guide to CommunicAsia 2016  and many more.  Click here to read or download the file

SES Takes Controlling Stake in O3B

Betzdorf, Luxembourg, May 2, 2016--SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) has agreed to increase its interest in O3b Networks (O3b) to 50.5% and, in doing so, will take a controlling share in the company. The transaction is subject to regulatory approvals which are expected to be completed during H2 2016.

Intelsat Reports First Quarter 2016 Results

Tysons Corner, Va,  April 28, 2016--Intelsat S.A. (NYSE: I) powered by its satellite backbone, today announced financial results for the three months ended March 31, 2016.Intelsat reported total revenues of US$ 552.6 million for the three months ended March 31, 2016. Net income attributable to Intelsat  was US$ 15.3 million, or US$ 0.13 per share on a diluted basis for the three months ended March 31, 2016. The company reported that adjusted net income per diluted common share was $0.31 for the same period.