Hauppauge, New York, February 7, 2013 — Globecomm Systems, Inc. reported a 3.2% decline in revenues to $160.9 million for fiscal 2013 six months ended December 31, 2012 compared to $166.2 million in the same period last year.
Paris, February 7, 2013 — Eutelsat Communications reported revenues of $848.71 (euro 633.6) million and net income of US$ 239.13 (euro 178.5) million for the first half of fiscal year 2012-2013 cementing its position as one of the world’s biggest satellite operators.
Riyadh, Saudi Arabia, February 7, 2013--Arabsat has signed an agreement with the Hellenic Telecommunication Organization (OTE;), one of the largest telecom groups in South Eastern Europe, for the acquisition of its 99.05% equity participation in Hellas-Sat Consortium Ltd.The share purchase agreement was signed upon an aggregate consideration of €208 million (US$ 280 mil).
Englewood, Colo., February 6, 2013 — Liberty Global is set to acquire UK-based Virgin Media in a stock and cash merger valued at about US$ 23.3 billion creating one of the world’s leading broadband communications company covering 47 million homes and serving 25 million customers across 14 countries.
Carlsbad, Calif., Feb. 6, 2013--ViaSat Inc. announced financial results for the third quarter of fiscal year 2013. The fiscal third quarter results included new contract awards of US$ 265.7 million and another record revenues quarter of . Operating performance grew quarter over quarter reflecting Adjusted EBITDA of US $48.4 milllion and net income attributable to common stockholders of $0.04 per share on a non-GAAP diluted basis. On a diluted GAAP basis, reported a net loss attributable to common stockholders of $0.47 per share, which, as discussed below, reflects a one-time debt extinguishment expense of US$ 26.5 million or per share on a net of tax basis.
Luxembourg, February 5, 2013 - SES announced today that its German HD platform HD+ now exceeds one million paying households. For the full year of 2012, HD+ more than doubled the number of paying customers, from 404,123 to 944,993. HD PLUS expects a growth rate of 25 percent for paying customers in 2013.
Ottawa, Canada, Feb. 4, 2013 — Espial® Group Inc. a provider of on-demand TV software and solutions, today announced that it has completed the previously announced acquisition of ANT plc ("ANT"). After initially entering into a co-operation agreement with ANT on Nov. 30, 2012, Espial has purchased all of the outstanding shares of ANT in exchange for all cash consideration of £0.205 per outstanding share. The acquisition values the issued ordinary share capital of ANT at approximately £5 million.
Los Angeles, Calif., February 3, 2013--The large antenna systems manufacturing and earth station integration business has changed in the last several years. While the number of original equipment manufacturers (OEMs) supplying smaller antennas, (e.g. under 5 meters), including specialized systems for aeronautical and military applications, continues to grow, consolidation has narrowed the field of large antenna makers. Two majors, ASC Signal and General Dynamics SATCOM Technologies lead the pack today. Nevertheless, the business of supplying complete turnkey earth station systems, of which the antenna and RF chain are a key component, remains a competitive market.
New York City, February 1, 2013--It is a bad time to sell satellite ground segment, aka a teleport. But it is a great time to sell a successful satellite services business with a teleport at its core. That paradox is the conclusion of Best Practices in Teleport Valuation, a newly published report from the World Teleport Association.
Madrid, Spain, February 1, 2013 — Spain’s satellite communications operator, Hispasat, said it has completed deploying 4,000 antennas capable of delivering broadband service making it the market leader in satellite residential broadband market in Spain.