Inmarsat plc reported today a drop in its revenues for the three months ended 30 September 2013 to US$ 306.9 million compared to $325 million during the same period last year. Inmarsat Global MSS revenues, however, grew slightly by 0.5% to US$ 187.6 million during the quarter compared to US$ 186.7 million during the same period last year. But Inmarsat Solutions revenues also dropped by 8.5% to US$ 188.3 million during the quarter from US$ 205.9 million during the same quarter last year.

DirecTV increased its third quarter 2013 revenues by 6% to US$ 7.88 billion, operating profit before depreciation and amortization (OPBDA) by 15% to US$ 1.93 billion, operating profit by 15% to US$ 1.23 billion, and earnings per share by 42% to US$ 1.28 exceeding financial analysts’ expectations.

PSSI Global Services LLC (PSSI), a leader in satellite transmission and event management, has acquired New England Satellite (NES).  The deal closed on November 1, 2013. Financial details of the acquisition were not revealed.

ORBCOMM Inc. a global provider of Machine-to-Machine (M2M) solutions, and Inmarsat, a provider of global mobile satellite communications services, today announced a strategic alliance to collaborate on joint product development and distribution to address the needs of the rapidly growing satellite M2M market. In addition, they will investigate opportunities for future satellite network expansion and integration.

According to Euroconsult's recently published research report, Satellites to be Built & Launched by 2022, World Market Survey , 115 satellites will be launched on average each year worldwide over the next 10 years (2013-2022). As several commercial and government constellations will be launched into low earth orbit (LEO) in the coming years, up to 140 satellites per year are expected between 2015 and 2017, decelerating to 100 units afterwards.

TeleCommunication Systems, Inc. (TCS), a leader in highly reliable and secure mobile communication technology, reported on Thursday revenue of $96 million, up 3 percent from $92.8 million in the previous quarter but down 31 percent from $140.1 million in the third quarter of 2012. 

Intelsat S.A.  reported on revenues of US$ 651.8 million and net income of $87.8 million, or $0.75 per share, for the three months ended September 30, 2013.  But the company admitted that its Q3 revenues was badly hit by the slowdown in military and other US Defense Department spending on satellite bandwidth, and warned of even lower revenues ahead from cuts in U.S. government spending.

Typically, Intelsat generates around 19 percent of its annual revenues from sales to government agencies and the military.

CommunicAsia2014, Asia's largest and most comprehensive business networking event for the global ICT industry returns to Marina Bay Sands Singapore from 17 to 20 June 2014. Featuring a myriad of the latest products, technologies and solutions, this trade show is hailed by industry as the most relevant platform for networking, product sourcing and knowledge gathering opportunities.

Global provider of high-resolution earth imagery solutions, DigitalGlobe, Inc., reported  third quarter 2013 revenue of US$ 164.8 million, a 54 percent increase compared with the same period last year. Despite the big rise in revenue, the company reported a net loss of $1.8 million and a net loss available to common shareholders of US$ 2.8 million.

Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.