Asia-Pacific Markets - Latest Developments


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).

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. 

Cape Canaveral, Fla., May 6, 2016

 jcsat-14-launch.jpgSpacex’ 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.

Madrid, Spain, May 6, 2016

HISPASAT, the Spanish satellite communications operator, leader in the distribution of content in Spanish and Portuguese, has announced the call for entries for the second edition of the Hispasat 4K International Film Festival, one the first festivals in the world entirely dedicated to short films, shot and post-produced in 4K.

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.

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.

Ottawa, Canada April 28, 2016

Telesat Holdings Inc.  today announced its financial results for the three month period ended March 31, 2016. Telesat reported consolidated revenues of CDN$ 235 million, an increase of approximately 3% (CDN $6  million) compared to the same period in 2015.

London, UK, April 27, 2016

SintecMedia, a provider of broadcast management software announced that SintecMedia’s management team and Francisco Partners, a global technology-focused private equity firm, have acquired SintecMedia from its existing shareholders, including Riverwood Capital.

Hong Kong, April 22, 2016

CASBAA, Asia’s largest non-profit media association serving the multi-channel audio-visual content creation and distribution industry, today announced the venue and dates for its upcoming 2016 Convention.  The 2016 convention will be held in Macau from November 7-10, 2016.