Asia-Pacific Markets - Latest Developments
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider of satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2015.
Key Financial Updates:
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Revenues for the second quarter of 2015 were US$ 44.3 million compared to US$ 45.2 million in the first quarter of 2015 and US$ 54.1 million in the comparable period of 2014.
The National Association of Broadcasters (NAB) announced today that Steve Mosko, Sony Pictures Television president, will participate in the opening keynote conversation at NAB’s Content and Communications World (CCW) on Wednesday, November 11. CCW will be held November 11-12 in New York City.
The World Radiocommunication Conference, the international treaty-making Conference, will review the international regulatory framework for radiocommunications – the Radio Regulations – and revise them as needed to take into account the rapid evolution of information and communication technologies (ICT), ensuring that reliable radio services are available everywhere, enabling people to live and travel safely and enjoy high performance radiocommunications.
Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2015 and updated its full-year 2015 and long-range outlook. Net income was US$ 26.0 million, or US$ 0.21 per diluted share, for the second quarter of 2015, as compared to US$ 15.0 million, or US$ 0.14 per diluted share, for the second quarter of 2014.
Intelsat S.A. (NYSE: I) today reported total revenue of US$ 598.1 million and net income attributable to Intelsat S.A. of US$ 60.2 million, or US$ 0.47 per common share on a diluted basis, for the three months ended June 30, 2015. The company reported adjusted net income per diluted common shareof $0.70 for the three months ended June 30, 2015.
Video interviews with key industry executives from CommunicAsia 2015 in Singapore including: Andreas Bernhardt, CEO of ND SATCOM; Mario Querner <
SpeedCast International Limited today announced that it has signed a definitive agreement to acquire SAIT Communications, a fast-growing maritime communications service provider in southern Europe. SAIT Communications is one of the leading suppliers of L-band satellite services in the southern European maritime market, in particular Greece, which is one of the largest maritime markets in Europe, as well as Cyprus.
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.
Among the highlights of the report include:
This year’s CASBAA Convention looks at the monumental sea change that is being experienced by the TV industry, and will explore how technologies, content, and services are leading the charge as the broadcast and digital landscapes become increasingly intertwined.
With the theme ‘Making Waves’, the convention will highlight how new business models are helping companies navigate these uncharted seas and take a look at the disruptors who are churning up the waters of business as usual.
Myanmar’s broadcasting industry is set for significant changes as the government moves forward with a new broadcasting law which is nearing completion. In the run-up to the return of the hugely successful CommuniCast event and Myanmar’s second Satellite Forum (17-19 November 2015 at Myanmar Event Park, Yangon), the Myanmar Government has acted on its plans to develop one of the country’s key industry sectors with a new broadcasting law to open up the country’s media industry and encourage the distribution of new services.
