NEC Corporation (NEC; TSE: 6701) today announced a decision to acquire all shares in NEC TOSHIBA Space Systems Ltd. (NTSpace), a joint venture established in partnership with Toshiba Corporation in 2001. Shares are due to be acquired from Toshiba on March 31, 2015.

As one of its core businesses, NEC provides space solutions that cover everything from satellite systems and terrestrial satellite operation and control systems, to systems for utilizing satellite data.

SpeedCast International Limited  today announced the acquisition of Geolink Satellite Services, a provider of satellite communications solutions in the African region, and part of the CETel Group. 

SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the year ended 31 December 2014. The company reported revenues of EUR 1,919.1 million, up 4.0% at constant FX over the prior year and  EBITDA of EUR 1,428.0 million, up 5.0% at constant FX over the prior year.

EBITDA margin improved to 74.4% from 73.7% at constant FX. Profit of the group up 6.0% to EUR 600.8 million; EPS up 5.6% to EUR 1.49 in 2014. Dividend of EUR 1.18 per A-share proposed, representing 10% increase over 2013.

Intelsat S.A. (NYSE: I) today reported total revenue of US$ 619.1 million and net income attributable to Intelsat S.A. of US$ 16.2 million, or $0.14 per share on a diluted basis, for the three months ended December 31, 2014. The company reported adjusted net income per diluted common share1 of $0.79 for the three months ended December 31, 2014.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported results for the fourth quarter and year ended December 31, 2014. Revenue for 2014 was US$ 235.1 million compared to US$ 234.9 million in 2013. EBITDA increased by 43% in 2014 to US $23.4 million from US$16.3 million in 2013.

Non-GAAP operating income increased by 200% to US$ 13.1 million in 2014, from US$ 4.4 million in 2013 GAAP operating income was US$ 5.0 million as compared to a loss of US$ 4.1 million in 2013.

Global mobile connections have passed the seven billion mark-a figure akin to the global population[1]. Multi-screen consumption of content has thrown control to the hands of the consumer like never before. Enterprise mobility has become ingrained in consumers' lives and transformed the workplace where employees not only have choice in devices, but applications too. Once thought to be a thing of the future, driverless cars are to become a reality in everyday lives.

SES S.A. (NYSE Paris:SESG) (LuxX:SESG) hosted a conference on Ultra High Definition (UHD) in London. With a gathering of expert guest speakers, the event’s objective was to exchange views and debate on the current place of UHD in the media industry and its future. This event was also an opportunity for SES to demonstrate a live broadcast of its UHD channel, recently launched at 28.2E.

“UHD needs to be a compelling user experience, taking them from watching a box to being within the scene.”

The Space Data Association (SDA) will be holding its Annual User’s Meeting at the Intelsat Headquarters in Tyson’s Corner, VA on Monday 16^th March.
 

CASBAA, the Association for digital multichannel TV, content, platforms, advertising and video delivery throughout the Asia-Pacific, will hold its second annual OTT Summit on Tuesday, March 3 at the Grand Hyatt Singapore.

RigNet, Inc. (NASDAQ:RNET), a lglobal provider of managed remote communications solutions to the oil and gas industry, today announced that it has completed the acquisition of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR, a  provider of telecommunications solutions and services for remote sites on land, sea and air, including a wide array of equipment, voice and data services, satellite coverage and bandwidth options in Mexico.