Global Markets - Latest Developments


Petah Tikva, Israel, Aug. 10, 2016

Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2016. Revenues for Q2 2016 increased 53% to US$  67.9 million from US$ 44.3 million in the comparable period of 2015. Revenues rose 29% compared with Q1 2016.

Houston, Tex.,  Aug. 8, 2016 

RigNet, Inc. (NASDAQ:RNET), a provider of digital technology solutions focusing on serving energy facilities, maritime vessels and other global remote locations, today reported quarterly results for the quarter ended June 30, 2016. Quarterly revenue was US$ 54.9 million representing a decrease of US$ 7.4 million compared to the prior quarter and a decrease of US$ 20.2 million compared to the prior year quarter.

Sydney, Australia, August 8, 2016

SpeedCast International Limited (ASX: SDA), a leading global satel

Amsterdam, The Netherlands, August 4, 2016

 lord-puttnam.jpgIBC announced today that Lord Puttnam will deliver a keynote address at the forthcoming IBC Conference on Sunday 11 September 2016. Oscar-winning film producer, educationalist and politician Lord Puttnam will address a broad spectrum of issues including the extraordinary growth of Facebook and YouTube; the impact of technology on creativity; the likely effects of the UK’s EU Referendum vote on the creative sector and the media's role and responsibility in trying to reverse the potentially catastrophic loss of public trust.

Geneva, Switzerland, August 2, 2016

Speakers from governments and industry from around the world will provide contrasting perspectives on the theme of “Collaborating in the Digital Economy” at this year’s ITU Telecom World event. The annual meeting of global leaders in information technology will be held on 14-17 November in Bangkok, Thailand.

Current confirmed speakers include:

Washington, DC, July 19, 2016

Produced by the National Association of Broadcasters (NAB) and held November 9-10 at the Javits Convention Center in New York City, the 2016 NAB Show New York will feature an

Kuala Lumpur, Malaysia, July 18, 2016

The Asia Pacific Satellite Communications Council (“APSCC”)  announced the launch of a Youth Development Satellite Workshop to be held concurrently with the annual APSCC conference.  The Workshop has been designed to provide a platform for the brightest up-and-coming engineering students to connect with leading satellite and space industry experts and learn more about the opportunities in the sector. The inaugural workshop will be held in collaboration with the APSCC 2016 Satellite Conference and Exhibition at Le Meridien Kuala Lumpur, Malaysia, 4-6 October 2016. 

Madrid, Spain, July 18, 2016

The names of the jury members of the HISPASAT 4K International Short Film Festival have just been announced.

Paris, France, July 12, 2016

Eutelsat Communications (NYSE Euronext Paris: ETL) today initiated the process of divesting its stake in Hispasat by exercising the put option granted in 2008 by Hispasat’s majority shareholder, the Abertis Group. Eutelsat holds a 33.69% stake in Hispasat through its subsidiary, Eutelsat Services und Beteiligungen GmbH. Under the terms of the put option agreement, the value of the Hispasat stake will be determined by an independent expert.

The transaction will proceed subject to Spanish government consent.

Washington, DC, July 5, 2016

The National Association of Broadcasters (NAB) is currently accepting speaking proposals for the 2016 NAB Show New York, held November 9-10 at the Jacob K. Javits Convention Center.