Global Markets - Latest Developments
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 $0.70 for the three months ended June 30, 2015.
Eutelsat reported revenues of €1,476m up 4.0% , and 9.5% on a reported basis for the full year ending June 30, 2015. With an EBITDA margin of 76.7% the cmpany reported high level of profitability and the results wee fully in line with objectives.
Video interviews with key industry executives from the Latin American Satellite Communications and Broadcasting Summit (LATSAT) 2015 in Mexico City organized by Euroconsult, including: Dolores Martos, MD-Americas and Erwi
Video interviews with key industry executives from CommunicAsia 2015 in Singapore including: Andreas Bernhardt, CEO of ND SATCOM; Mario Querner <
SpeedCast International Limited today announced that it has signed a definitive agreement to acquire SAIT Communications, a fast-growing maritime communications service provider in southern Europe. SAIT Communications is one of the leading suppliers of L-band satellite services in the southern European maritime market, in particular Greece, which is one of the largest maritime markets in Europe, as well as Cyprus.
SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the six months ended 30 June 2015 where it highlights the deevelopment of a global business delivering strong growth in revenue and net profit.
Among the highlights of the report include:
AT&T said it has officially closed on its (NYSE: T) US$ 49 billion acquisition of DirecTV (NASDAQ: DTV) following the US' Federal Communications Commission's approval of the transaction. The newly combined company will become the largest Pay TV provider in the United States and the world.
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DIRECTV U.S. Revenues Increase 6% in the 1Q 2015 Including a 5.5% Increase in ARPU.
Pay TV Set-Top Box Market Contracts for the First Time in 12 Years
VITAL STATISTICS
Technicolor has entered into an exclusive agreement with Cisco to acquire its customer premises equipment (CPE) business for €550 million in a cash and stock transaction. The acquisition includes all of Cisco’s cable modem and set-top box businesses.
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.
