Americas Markets - Latest Developments


Ottawa, Canada, April 16, 2013

C-COM Satellite Systems Inc., a global provider of mobile auto-deploying satellite antenna systems, today announced financial results for its first quarter ending February 28, 2013.Revenues have increased by 50% to $3,929,630 compared with results from the same period last year, when total revenues were $2,611,986. The company is reporting a net income of $907,301, or 0.3 cent per share, compared with results for the same period last year when there was a net income of $283,659, or 0.1 cent per share.

Carlsbad, Calif., April 12, 2013

ViaSat Inc. has acquired privately-held LonoCloud Inc., an early-stage company based in La Jolla, Calif. with expertise in cloud networking software.

The purchase price was not disclosed.

ViaSat said it intends to integrate core components of the LonoCloud Platform as a Service (PaaS) product with the ViaSat broadband network. ViaSat said LonoCloud employees will join ViaSat’s broadband networking team.

Stockholm, Sweden, April 8, 2013

Ericsson has reached an agreement with Microsoft to acquire its TV solution Mediaroom business. This will make Ericsson the leading provider of IPTV and multi-screen solutions with a market share of over 25%. Closing expected during the second half of 2013. Mediaroom is situated in Mountain View, California and employs more than 400 people worldwide.

Luxembourg, April 3, 2013

After months of eager anticipation, Intelsat Global Holdings S.A has finally announced details of its initial public offering this year. Intelsat said it was offering 21.74 million common shares and 3 million Series A mandatory convertible junior non-voting preferred shares in its IPO. 

Intelsat has granted the underwriters a 30-day option to purchase an additional 3,260,869 common shares and an additional 450,000 preferred shares. 

Englewood, Colo., April 3, 2013

Dish Network Corp. is offering up to US $2.3 billion in senior notes in order to have funds for its 4G goals according to analysts.. Dish said on Wednesday it was offering $1.1 billion aggregate principal amount of 5.125% senior notes due 2020 and another US  $1.2 billion aggregate principal amount of 4.250% senior notes due 2018. Dish said the 2020 and the 2018 notes will be issued at an issue price of 100%.

Scottsdale, Ariz., April 3, 2013

Content owners, including HBO, Disney/ABC, and Fox are rapidly growing in importance as customers for video encoder and transcoders. Content owners have always purchased some video encoders for primary distribution – which feed into existing Pay TV systems; however, their investment is increasingly in multi-format transcoders that support direct to consumer distribution.

Long Beach, Calif., April 1, 2013

Space Tech Conference (http://www.spacetechexpo.com) the West Coast’s premier space event, to be held on May 21-23, 2013 in Long Beach, California, will bring together high-profile market players and industry specialists to discuss the pressing business issues facing the space industry.

Geneva, Switzerland,March 26, 2013

ITU Telecom World 2013 is continuing the ‘one conversation that matters’ this year in Thailand under the theme ‘Embracing Change in a Digital World’. This is supported by a new website launched today to complement the event’s focus on high quality discussion and debate.

Preparations are underway for ITU Telecom World 2013, which will take place in Bangkok, 19 – 22 November, where we will build on the success and findings of last year’s event in Dubai.

New York, NY, March 26, 2013

Fiber distribution service provider The Switch has acquired substantially all of the assets and operations of HTN Communications, LLC (HTN), a provider of sports television and radio distribution services in North America.

Founded in 1956, HTN (formerly Hughes Television Network), is one of the longest-tenured provider of sports television and radio distribution services in North America, providing HD transmission access from every MLB, NBA and NHL sports venue in the United States as well as numerous entertainment events, concerts and news media outlets.